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BTC/EUR take support around 390, jump till 460 is possible

BTC/EUR has recovered after making a low of 394. It is currently trading around 416. The pair has taken support near trend line 390 and intraday weakness can be seen only below 390 On the higher side minor resistance is …

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BTC/EUR take support around 390, jump till 460 is possible
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BTC/EUR has recovered after making a low of 394. It is currently trading around 416.

  • The pair has taken support near trend line 390 and intraday weakness can be seen only below 390
     
  • On the higher side minor resistance is around 426 and break above targets 400/422/441.
     
  • The pair's major support is around 390 and break below targets 375/350.
     
  •  Short term trend reversal only below 370.

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

 

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