- BTC/USD is facing resistance around $248 and short term bullishness can be seen only above that level.
- Any break above $248 will take the pair further up till $258/$269.
- On the down side minor support is around $230 and any break below will take the pair further down till $224/$211.
Indicator (4 Hours chart)
CCI (50) -Sell
CCI (14) - Sell
Ichimoku- Sell
We prefer to go sell on rallies around $240 with stop around $248 for the target of $226.
