FxWirePro: BTC/USD faces strong support around $400, good to buy at dips
BTC/USD has declined till $407 and once gain recovered to $429.80 at the time of writing. It is currently trading around $428.90. Short term trend is still bullish as long as support $400 holds. The pair's minor resistan…
BTC/USD has declined till $407 and once gain recovered to $429.80 at the time of writing. It is currently trading around $428.90.
Short term trend is still bullish as long as support $400 holds.
The pair's minor resistance is around $435 and any break above will take the pair to next level till $480/$502 is possible. Overall trend reversal can be seen only below $400.
On the lower side below $400 will drag the pair to next level $380/$ trend reversal only below $348.
It is good to buy at dips around $410 with SL around $395 for the TP of $465/$480
