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BTCUSD - The Weekly 50 MA - Do you remember?

419
No voodoo here, no nonsense, just a simple possibility.

1 simple trend-based Fib, 1 simple possibility based on what happened last time we failed the Weekly 50 MA.

I am not a bear, I want nothing more than to get back on track, I am hedged with buys all the way down.

Dollar Cost Average, don't catch knives.

Long-term survival
Steady growth
High profits

In that order.

Nota
Weekly 50 MA supportive so far.

syot kilat
Nota
It's make or break time! Can we close the week bullish, breaking the 50 RSI and above the horizontal Price Action Based Resistance.

syot kilat
Nota
You see the importance of the EMA's here, currently supported on the 55 and testing the 9. Certainly a long way to go, but once we force the 9 to cross above the 20 and retain support, it's all systems go.
Nota
A closer look at the range we need to break through.
syot kilat

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