Find the BEST Respected Moving Average Support & Resistance Lines

Bitcoin Lost the Battle Against Its Resistance Zone This Week

BTCUSD folds before the 15-week EMA resistance line registered the previous week

The post last Monday, “Bitcoin Still Fights a Resistance Zone“, described the struggle BTCUSD put with the weekly body and wick resistance lines.

The 15-week EMA was set as the updated wick resistance line, and last week it held against Bitcoin’s attempt to move higher. Here’s the visual:

BTCUSD, Weekly chart, Automatka
BTCUSD, Weekly chart, Automatka

Below $30k lurking are the 202-week EMA as the body support line and the 276-week SMA wick support line.

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