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FxWirePro: BTC/EUR consolidates in narrow range, good to buy at dips

BTC/EUR has recovered after making a low of 375. It is currently trading around 413. Short term trend is still bullish as long as support 375 holds. On the higher side minor resistance is around 425 and break above targe…

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FxWirePro: BTC/EUR consolidates in narrow range, good to buy at dips
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  • BTC/EUR has recovered after making a low of 375. It is currently trading around 413. Short term trend is still bullish as long as support 375 holds.
     
  • On the higher side minor resistance is around 425 and break above targets 400/422/441.
     
  • The pair's major support is around 375 and break below targets 365/357.
     
  • Short term trend reversal only below 350.

It is good to buy at dips around 390 with SL around 375 for the TP of 422/441      

 

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