Digital Currency

Add as a preferred source on Google

BTC/USD Short Term outlook

BTC/USD is consolidating between $230 and $222 for the past five trading session. Overall trend is bullish as long as support $225 holds. Any break below will take the pair down till $218/$211. The pair' minor resistance…

1 min read
BTC/USD Short Term outlook
Image from the original EconoTimes article

Read the original article

  • BTC/USD is consolidating between $230 and $222 for the past five trading session. Overall trend is bullish as long as support $225 holds.

  • Any break below will take the pair down till $218/$211.

  • The pair' minor resistance is around $232 and any break above would extend gains till $238/$245 .

 Indicator (4 Hours chart)

CCI (50) -Buy

CCI (14) - Buy

Ichimoku- Buy

We prefer to go buy around $230 with stop around $225 for the target of $245.

 

Related articles

View all