Critical Support at the Weekly 55-EMA for $BTC Being Examined

I need to see 3 consecutive weekly closes under the 55-EMA or a close under the 61.8% level (7250) to make a call for 5k.

A trade through the 55-EMA is not a definite break call for long-term. (see last wick go through and hold fib support)

Still no cross on the ADX directional index lines. This is a long-term trend look.

Happy Trading!

Fibo