FxWirePro: BTC/USD faces strong support around $390, good to buy at dips

BTC/USD breaks minor support and declined till $409 at the time of writing. It is currently trading around $412.

• Short term trend is still bullish as long as support $390 holds.
   
• Any break below $390 confirms minor trend reversal, decline till $370/$350 is possible .
   
• On the higher side minor resistance is around $425 and break above targets $448/$465.

It is good to buy at dips around $410 with SL around $425 for the TP of $448/$465