- BTC/USD has retreated till $222 after making a high of $244 and short term bullishness can be seen only above $232.
- 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 (Daily chart)
CCI (50) -Buy
CCI (14) - Buy
Ichimoku- Sell
We prefer to go sell on rallies around $230 with stop around $238 for the target of $210.


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