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FxWirePro: BTC/EUR takes support near 200 day 4HMA, good to buy at dips

BTC/EUR has recovered till 368.64 yesterday and started to slightly decline from that level. It is currently trading around 358.11. Intraday trend is bullish as long as support 340 holds. On the higher side minor resista…

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FxWirePro: BTC/EUR takes support near 200 day 4HMA, good to buy at dips
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  • BTC/EUR has recovered till 368.64 yesterday and started to slightly decline from that level. It is currently trading around 358.11. Intraday trend is bullish as long as support 340 holds.
     
  • On the higher side minor resistance is around 368 and break above targets 382/390/410.
     
  • Any break below 340 will drag the pair down till 328/320.
     
  • Overall trend reversal only below 328.

It is good to buy at dips around 350-355 with SL around 340 for the TP of 368/382              

 

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