BTC/USD faces trend line resistance around $400, break above targets $420/$450

• Major resistance- $400 (trend line joining $356 and $383)
   
• The pair has made a high of $399.85 and slightly declined from that level.  Intraday trend is bullish as long as support $378 holds.
   
• Any break below $378 will drag the pair till $367/$360. Short term trend reversal only below $365.
   
• On the higher side any break above $400 will take the pair to next level $420/$450.
   
• Overall weakness only below $340.

It is good to buy above $400 with SL around $377 for the TP of $420/$450.