Trade Bitcoin Trading

What is an Explanation of a Downward Bitcoin Trend?

Explain How to Identify Bitcoin Down Bitcoin Trend Market Direction

How Can I Tell a Bearish Bitcoin Trend? - How Can I Define a Bearish Bitcoin Trend?

A bearish bitcoin trend or a downwards bitcoin trend is defined by bitcoin prices closing with lower highs and lower lows. This is the definition of a bearish trend.

The example illustrated below defines the bearish bitcoin trend setup

How Can I Define a Bearish Bitcoin Trend? - How Can I Define Bearish Trend? - Place Bitcoin Trend-line in Chart

Simple Way to Identify Bitcoin Bearish Bitcoin Trend & Downward Bitcoin Trends

Bitcoin Trend is the btcusd market tendency of bitcoin prices to move in a particular direction for a period of time

For a Downward Bitcoin trend the bitcoin price will move in a general market direction downward.

This means bitcoin prices will close lower than where they opened.

Trading Identify Bitcoin Downwards Trend

A downwards bitcoin trendline is drawn above the downward bitcoin trend setup formed by consecutive lower highs, the downward btcusd crypto trend line must join at least 2 highs, with the recent most high being lower. For our down bitcoin trend illustrations we shall use the MT4 analysis software charts to illustrate example of the downwards trend.

Since bitcoin price moves downwards in a zig-zag manner bitcoin traders normally draw a downward bitcoin trendline which shows the general downward bitcoin trend direction. In crypto currency technical analysis, this overall direction is known as the TREND by crypto traders. In trading analysis definition we can define this down btcusd trendline is drawn on Bitcoin chart showing the resistance areas (bearish direction).

Definition of a Bitcoin Downward Trend - How Can I Define Bearish BTCUSD Trend?

Meaning of a Down-ward Trend

A down bitcoin trend bearish market bitcoin trend occurs when the bitcoin price forms a series of lower highs and lower lows. Each price high is going to be lower and lesser than previous high - lower high, and each low is lower than previous low - lower low therefore showing bearish bitcoin price trend movement.

Down Bitcoin trend bitcoin trend-lines gain more validity each time bitcoin price touches the downward bitcoin trend line but does not penetrate the downward bitcoin trend-line. A down bitcoin trend bearish market remains the general trend direction til this sequence of lower highs and lower lows is broken - bitcoin trendline break.

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