Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

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

BTC/USD has made a high of $425 and slightly declined from that level Overall trend is still bullish as long as support $380 holds.

  • On the higher side major resistance is around $425 (61.8% retracement of $502 and $294) and break above targets $450/$480 in short term.
     
  • The pair's minor support is around $398 and break below targets $389/$380.

It is good to buy at dips around $400 with SL around $380 for the TP of $449/$479

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.