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:
![Click to enlarge BTCUSD, Weekly chart, Automatka](https://automatka.trade/wp-content/uploads/2022/02/BTCUSD-1w-20220220-automatka.png)
Below $30k lurking are the 202-week EMA as the body support line and the 276-week SMA wick support line.