Thursday, October 15, 2026

Technicals / Digital Currency

Add as a preferred source on Google

BTC/USD breaks minor trend line support, decline till $270 is possible

BTC/USD has broken minor trend line support around $318 (trend line joining $294 and $310) and is currently trading around $318. On the downside minor support is around $318 and break below targets $294/$270. The pair's …

By Lis Howell
1 min read
BTC/USD breaks minor trend line support, decline till $270 is possible
Image from the original EconoTimes article

Read the original article

  • BTC/USD has broken minor trend line support around $318 (trend line joining $294 and $310) and is currently trading around $318.
     
  • On the downside minor support is around $318 and break below targets $294/$270.
     
  • The pair's minor resistance is around $330 and break above targets $356 (Nov 14th high)/$370.
     
  • Overall bullish invalidation only above $370 level.

It is good to sell on rallies around $320-25 with SL around $350 for the TP of $295/$270

 

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team