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BTC/USD Short Term outlook

  • BTC/USD has broken major resistance $304 and reached till $310. Overall trend is bullish as long as support $ 273 holds

  •  The minor support is around $290 and break below will drag the pair further down till $280/$273.

  • The pair's major resistance is around $310 and any break above would extend gains till $332/$357.

 Indicator (4 Hour chart)

CCI (50) -Buy

CCI (14) - Buy

Ichimoku- Buy

We prefer to go buy around $285 with stop around $273 for the target of $310/$330.

 

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