BTC/USD faces strong resistance around $425, break above targets $450/$465
Major resistance - $425 BTC/USD has made a high of $424.90 and slightly declined from that level. It is currently trading around $421. Short term trend is slightly bullish as long as support $390 holds. On the higher sid…
BTC/USD has made a high of $424.90 and slightly declined from that level. It is currently trading around $421. Short term trend is slightly bullish as long as support $390 holds.
On the higher side any break above $425 will take the pair till $450/$465.
The pair's major support is around $390 and any break below will drag the pair further down till $370/$350.
Overall trend reversal only below $350.
It is good to buy at dips around $410 with SL around $390 for the TP of $450/$465.
