BTCUSD - The Weekly 50 MA - Do you remember?

7 Nis 2018

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.

8 Nis 2018

Not

Weekly 50 MA supportive so far.

13 Nis 2018

Not

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

13 Nis 2018

Not

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.

13 Nis 2018

Not

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