BTC/USDT (07/20) : Current price : $29750 ⇨ BTC held its all-important MA50 Weekly yesterday but todays session could give us a very negative signal. ⇨ Obviously, this is a Weekly chart so we have to wait until the end of the week before we can really talk about a break of the MA50 (in blue) ⇨ We need a reaction this week, otherwise a return to the 61.8 of the whole movement since March 20 (bottom) to April 21 (top) seems inevitable ⇨ In the 61.8 area we also find the Kumo Weekly which will inevitably provide significant support. Chart : https://www.tradingview.com/x/W3cYeTxp/ Trader Square - confidential - 218 views12:38
