Bitcoin Guide of How to Draw BTCUSD Trend-lines in Bitcoin Trading

There are 2 different types of bitcoin trendlines - upwards bitcoin trend line & downward bitcoin trendline. The bitcoin trading step by step method of how to draw bitcoin trend lines for upwards bitcoin trend downwards bitcoin trend is shown below:

Bitcoin Up Ward BTCUSD Trend Line

To draw this upward bitcoin crypto trend line set-up we use supports. To draw it correctly two support levels are needed such as illustrated and shown on the illustration illustrated and shown below.

How to Draw BTCUSD Up Ward Bitcoin Trendline

BTC/USD Crypto Down Ward BTCUSD Trend-Line

To draw downwards bitcoin trends we use resistance levels and to do it correctly two resistances are needed like as shown & displayed on exemplification illustrated and shown below.

How to Draw BTCUSD Down Ward Bitcoin Trendline

How to Draw Bitcoin Trendlines

To draw BTC USD CryptoCurrency Trend-Lines in MT4 Charts use MT4 Bitcoin Charts Drawing Tools for Drawing Bitcoin Trend-lines on MetaTrader 4 Charts

The MT4 bitcoin cryptocurrency trend line drawing tools used to draw these btcusd crypto currency trend line setups on the MetaTrader 4 are located on the MetaTrader 4 drawing charts tool-bar within MT4 charts, To access this MetaTrader 4 charts toolbar if it's not activated on your software, Click in 'View' Next to the 'File' menu at top left corner of MetaTrader 4 software and click the 'View', Then Click on the 'ToolBars' button, Then Tick the 'Lines Toolbar' by pressing on it - Bitcoin MT4 Draw Line Tools - Bitcoin MT4 Drawing Tools.

Displayed and Shown Below is illustrations of MT4 bitcoin trendline drawing charts toolbar. To plot a bitcoin cryptocurrency trend-line on a chart just click this crypto trend line drawing tool & choose the point where you want to draw the upwards btcusd cryptocurrency trend line or a downwards bitcoin cryptocurrency trend-line.

How to Draw BTCUSD Trend-lines on Charts on MT4 Bitcoin Charts

Get More Guides and Lessons:

• Reversal Patterns: Head and Shoulder Pattern Setup & Inverse Head and Shoulder Chart Setup
• What Happens in after Piercing Line Candle Patterns?
• Setting Up MT5 Bitcoin Trade Platform Software
• How to Calculate Leverage & Margin in BTC USD Trade
• How Do I Interpret Bear Pennant Setup?
• Buy Sell BTC/USD Trade Signal Indicators MetaTrader 4 Software
• What Happens in after Piercing Line Candlestick Patterns?
• BTC USD Trade Cent Account BTCUSD CryptoCurrency
• BTC USD Trend-Line Break Analysis Methods
• MACD Bitcoin Trading Indicator Analysis MACD Bitcoin Trading Indicator