BITCOIN'S PATH to 20Khey there, what's up
if bitcoin wants to fall first it should reach at least near 20k or more
explain the chart:
green zone : is best place for buy or open long position.(18950 - 19230)
A : we have 3 alpha lines hardest line for pass is A1 but i think we finally pass.
DeathLine : death line is where that if we clos BINANCE:BTCUSDT e under it, then we will go under the ground so becarefull
O : omega zone is our last highest area so if reach it we should analysis again and see what will happen.
so before reaching omege i'm still thinking bullish and following waves.
Buy-signal
USDCAD good BUY SIGNALLLet me remind you of my previous forecast, which came true. The price was not be able to break through the line and returned at the resistance level . Pushed off the support level and came back to the strong resistance line.
And then, from the resistance level, it fell to the resistance line.
Now we see that the price is moving between two rather strong lines. The resistance line has existed here since April 2020, the support line has existed since July 2020.
On the larger TF, we see how exactly the price goes down between them, without making strong and significant breakouts of the resistance line.
And right now the price has again approached the support line and has already pushed off from it. Thus, starting to grow.
This serves as a good signal to open a buy trade!
I won't tire of reminding you about SL - set it below the support line in case the price makes a correction.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻