Intraday trend-Bullish
- BTC/USD is trading near 200 day 4HEMA ($246) and any trend reversal can happen only above that level.
- On upside major resistance is around $246 (200 day HEMA) and any break above could pave way for next target $253/$ pair's minor support is around $234 and break below will target $225/$220.
Indicators (1 Hour chart)
CCI (50) - Buy
CCI (14) - Buy
CCI (14) - Neutral
Recommendation: Buy BTC/USD around $240 SL $234, Targets $253/$260.
