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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 400/422/441.
     
  • 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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