Long

🚀SYMMETRY IN BITCOIN ? 🚀

Will we have a symmetrical axis in BTC? To answer this question we have to first explain what the concept of symmetry is for those who don't know it yet.

Symmetry Axis or Symmetric Axis
In geometry, the axis of symmetry is a line that divides a figure into two symmetrical parts, that is, as if they were the object and its image reflected in a mirror. and start a mirrored movement to the other side, I'll leave examples here:

If you only care about what happened in DXY

This is a very widespread concept, symmetry can last until it no longer has a reference on the opposite side or until it is broken. (Remembering the movement is mirrored)

So, considering that BTC/USDT made the first change in an important characteristic of its downtrend, I see it as interesting to look at the potential symmetry of the movement from now on, remembering that for this reading to be valid, future price movements must respect the mirrored context of the past movement.

See that this context of symmetry is even stronger if the asset respects the base of the last consolidation keeping its prices above U$17600

So you think BTC might be looking for a long-term trend reversal? Leave your opinion about BTC here in the comments!

🚨Disclaimer: The comments above reflect solely and exclusively my opinion, this is not a recommendation to buy or sell. Just a series of published studies, so that together with the community we can discuss tactics and operational techniques.

leandrosander_

🚀TELEGRAM🚀

Comunidade Free
t.me/powerinc

Site 🌍 powerinc.trade

🔷Abra sua conta na BingX e apoie meu trabalho!
bingx.com/partner/powerinc
Na BingX, você pode operar criptomoedas diretamente pelo TradingView✅

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.