FxWirePro: BTC/USD faces strong support around $220, good to buy at dips
BTC/USD is facing strong support around $220 and any further weakness only below $220 level. It is currently trading at $235. Short term trend is bullish as long as support $220 holds. The major resistance is around $250…
BTC/USD is facing strong support around $220 and any further weakness only below $220 level. It is currently trading at $235. Short term trend is bullish as long as support $220 holds.
The major resistance is around $250 and break above will take the pair to next target $258/$270.
The pair's minor support is around $220 and any break below will drag the pair further down till $210/$198.
Indicator (4 Hours chart)
CCI (50) -Sell
Ichimoku- neutral
We prefer to buy at dips around $227 with stop around $218 for the target of $250/$258.
Coinglass measured Ether options open interest at $5.81 billion, up 0.1% from the previous day, with calls representing most of both open interest and trading volume.
Customers can select a crypto asset and wallet; AEON says it handles conversion and starts a local transfer. The company has not named merchants using the Chile feature.
