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CaptBlackBeard
May 17, 2022 2:57 AM

Geometry, 45 Degrees, and Symmetry BTC Long

Bitcoin / U.S. dollarBitstamp

Description

Box trends and levels on BTC. After squaring the price/time to find 45 degrees, I use rotated rectangles to capture the price. Next, I clone the boxes and move them in a symmetrical order to bring not only what is possible but a visual of balance to future dates. I've found that marking the corners, midlines, and intersections from these boxes usually hold strong levels of support and resistance. These charts are great as a foundation to build on as you can also mark the same corners, intersections and sometimes midlines with vertical lines to find probable pivots.




BTC LONGTERM
Comments
WhiteJesus
Absolutely fantastic analysis
CaptBlackBeard
@WhiteJesus, Thank you Jesus
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