Technicals / Digital Currency

Add as a preferred source on Google

FxWirePro: BTC/EUR faces strong support around $320, good to buy at dips

BTC/EUR has made a high of 363 and declined till 328 from that level. Intraday trend is still bullish as long as support 325 holds. On the higher side major resistance is around 363 (Jul 2015 high) and break above target…

1 min read
FxWirePro: BTC/EUR faces strong support around $320, good to buy at dips
Image from the original EconoTimes article

Read the original article

  • BTC/EUR has made a high of 363 and declined till 328 from that level. Intraday trend is still bullish as long as support 325 holds.
     
  • On the higher side major resistance is around 363 (Jul 2015 high) and break above targets 382/391.
     
  • Any break below 325 will drag the pair down till 320/308.
     
  • Short term bullish invalidation only below 320.

It is good to buy on dips around 330 with SL around 320 for the TP of 362/380.    

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560