BTC/USD faces strong resistance around $400, further bullishness only above that level
The pair has made a high of $399.91 yesterday and slightly declined till $389 from that level. Intraday trend is bullish as long as support $378 holds. The pair major intraday support is around $378 and break below targe…
The pair has made a high of $399.91 yesterday and slightly declined till $389 from that level. Intraday trend is bullish as long as support $378 holds.
The pair major intraday support is around $378 and break below targets $372/$359.
Any break below $378 will drag the pair till $367/$360. Short term trend reversal only below $350.
On the higher side any break above $400 will take the pair to next level $420/$450.
It is good to buy above $400 with SL around $377 for the TP of $420/$450.
