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BTCUSD - The Weekly 50 MA - Do you remember?

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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.

註釋
Weekly 50 MA supportive so far.

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

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註釋
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.
註釋
A closer look at the range we need to break through.
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