- 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 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.