Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

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

Major Resistance - $428 BTC/USD has slightly retreated till $420.57 at the time of writing after making a high of $426.67. It is currently trading around $422. Short term trend is slightly bullish as long as support $400…

By FxWire Pro
1 min read
FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips
Image from the original EconoTimes article

Read the original article

  • Major Resistance    - $428
     
  • BTC/USD has slightly retreated  till $420.57 at the time of writing after making a high of $426.67. It is currently trading around $422.
     
  • Short term trend is slightly bullish as long as support $400 holds.
     
  • On the lower side major support is around $400 and any break below $390 will drag the pair down till $380/$350 is possible.
     
  • BTC/USD major resistance is around $428 and break above targets $450/$465.The minor resistance is around $425.

     It is good to buy at dips around $420 with SL around $400 for the TP of $450/$465.

 

 

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

By FxWirePro Team