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FxWirePro: BTC/USD breaks major resistance $402, jump till $450 is possible

Monday, February 15, 2016 7:50 AM UTC

BTC/USD breaks major resistance $402 and jumped till $409. It is currently trading around $404. Short term trend is slightly bullish as long as support $380 holds.

On the higher side any break above $402 will take the pair till $424/$450.
The pair's major support is around $380 and any break below will drag the pair further down till $350.

It is good to buy at dips around $400 with SL around $380 for the TP of $450.

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FxWirePro: BTC/USD breaks major resistance $402, jump till $450 is possible

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