BTC/USD has broken major support $248 (200 day MA) and declined till $220 It is currently trading at $232. Short term trend is bearish as long as resistance $247 holds.
- The major resistance is around $248 (200 day MA) and break above will take the pair to next target $258/$270.
- The pair's minor resistance is around $220 and any break above would extend gains till $211/$200.
Indicator (Daily chart)
CCI (50) -Sell
Ichimoku- Sell
We prefer to sell on rallies around $240 with stop around $248 for the target of $220/$211.


FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR edges higher, set to stay on back foot 



