FxWirePro: BTC/USD struggles to break above $465, good to buy at dips
BTC/USD made a high of $465 and declined till $440 from that level. It is currently trading around $443. Short term trend is still bullish as long as support $424 holds. The pair's major resistance is around $465 and any…
BTC/USD made a high of $465 and declined till $440 from that level. It is currently trading around $443.
Short term trend is still bullish as long as support $424 holds.
The pair's major resistance is around $465 and any break above will take the pair to next level till $480/$505 is possible. Overall trend reversal can be seen only below $400.
On the lower side below $424 will drag the pair to next level $400/$380.
It is good to buy at dips around $440 with SL around $424 for the TP of $480/$505
