Friday, October 16, 2026

Technicals / Digital Currency

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BTC/EUR faces trend line resistance around 390, break above targets 422

BTC/EUR has made a low of 366 and recovered from that level. It is currently trading around 383.70. On the higher side minor resistance is around 390 (trend line joining 320.69 and 362.77) and break above targets 400/422…

By Lis Howell
1 min read
BTC/EUR faces trend line resistance around 390, break above targets 422
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  • BTC/EUR has made a low of 366 and recovered from that level. It is currently trading around 383.70.
     
  • On the higher side minor resistance is around 390 (trend line joining 320.69 and 362.77) and break above targets 400/422/441.
     
  • On the downside minor support is around 380 and break below targets 370/365.
     
  • Short term trend reversal only below 360.

It is good to buy only above 390 with SL around 370 for the TP of 422/441             

 

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