FxWirePro: BTC/USD struggles to break above $450, good to buy at dips
BTC/USD has retreated after making a high of $447. It is currently trading around $434. Short term trend is slightly bullish as long as support $425 holds. On the higher side any break above $450 will take the pair till …
BTC/USD has retreated after making a high of $447. It is currently trading around $434. Short term trend is slightly bullish as long as support $425 holds.
On the higher side any break above $450 will take the pair till $465/$480.
The pair's minor support is around $425 and any break below will drag the pair further down till $410/$400.
Short term trend reversal only below $390. It is good to buy at dips around $435 with SL around $425 for the TP of $465/$480.
