Thursday, October 15, 2026

Technicals / Digital Currency

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FxWirePro: BTC/USD faces strong support around $340, good to buy at dips

BTC/USD has broken minor trend line support $365 and declined till $348 and it is currently trading at $353. Intraday trend is bullish as long as support $340 holds. Any break below $340 will drag the pair further down t…

By Lis Howell
1 min read
FxWirePro: BTC/USD faces strong support around $340, good to buy at dips
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BTC/USD has broken minor trend line support $365 and declined till $348 and it is currently trading at $353.

  • Intraday trend is bullish as long as support $340 holds. Any break below $340 will drag the pair further down till $328/$320.
     
  • On the higher side major resistance is around $387 and above $393 will take the pair to new level $400/$420.

It is good to buy at dips at $350 with SL around $340 for the TP of $383/$395

 

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