FxWirePro: BTC/USD faces strong support at $370, good to buy at dips

• Major Support - $370
   
• BTC/USD has recovered after making a low of $382. It is trading around $408.
   
• Short term trend is slightly bullish as long as support $370 holds.
   
• On the lower side major support is around $370 and any break below $370 confirms minor trend reversal, decline till $350/$318 is possible.
   
• BTC/USD minor resistance is around $425 and break above targets $450/$ minor resistance is at $415.

It is good to buy at dips around $390-$400 with SL around $370 for the TP of $425/$450