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Add as a preferred source on Google BTC/USD Short Term outlook BTC/USD has broken short term resistance $235 and this confirms short term bullishenss, a jump till $258 cannot be ruled out. Bullish invalidation can happen only below $225 level. Any break below will take the pair down…
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BTC/USD has broken short term resistance $235 and this confirms short term bullishenss, a jump till $258 cannot be ruled out.
Bullish invalidation can happen only below $225 level.
Any break below will take the pair down till $218/$211.
The pair' minor resistance is around $245 and any break above would extend gains till $258 .
Indicator (Daily chart)
CCI (50) -Buy
CCI (14) - Buy
Ichimoku- Buy
We prefer to go buy at dips around $233 with stop around $225 for the target of $245/$258.
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