- BTC/USD has retreated till $222 after making a high of $244 and short term bullishness can be seen only above $237.
- Any break above $237will take the pair further up till $248/$257.
- On the down side minor support is around $220 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 $230 with stop around $238 for the target of $210.
