Bitcoin

Symmetry theory

Welp we reached the end of the pattern and the move we've all been waiting for was..... A bad one:( BTCUSD sliced through key support levels and now we've offically entered a bear market. So now lets try to find some support wherever we can and ride this out....

I learned of a type of chart analysis recently known as "symmetry" or "equal drive" from a trade named Alessio Rastani, this dude knows his stuff check out his youtube, and he explains it in detail but the basics of the theory is that "markets tend to move in proportional measures."
So find a strong support level for your X axis and then from there draw 90 degree line to major highs throughout the chart and that should give you some ideas on where to plan your next move of attack.


Lmk what y'all think

Disclaimer