- BTC/USD has made a low of $250 and slightly recovered from that level. It is currently trading at $256. Short term trend is bullish as long as support $247 holds.
- The major support is around $247 (200 day MA) and break below will drag the pair further down till $232/$220.
- The pair's minor resistance is around $266 and any break above would extend gains till $276/$290.
Indicator (Daily chart)
CCI (50) -Sell
Ichimoku- Sell
We prefer to buy at dips around $255 with stop around $247 for the target of $275/$286.


FxWirePro- Major Crypto levels and bias summary
Sterling Defies Gravity: GBPJPY Climbs Toward 215.00 Despite Retail Gloom
NZDJPY Technical Outlook: Bearish Momentum Favors "Sell on Rallies" Strategy Toward 90.00
FxWirePro: EUR/ NZD downtrend loses steam but outlook still bearish
FxWirePro: USD/JPY edges up after Japan's softer CPI data
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
FxWirePro: AUD/USD drifts lower amid rising Iran peace scepticism
Bitcoin Retreats as Geopolitical Cooling Curbs Crypto Momentum
FxWirePro: GBP/NZD dips as Iran tensions and UK fiscal concerns weigh
FxWirePro: NZD/USD drifts lower ,could be on verge of bigger drop
FxWirePro: GBP/USD claws back some losses but recovery likely muted
FxWirePro: USD/CNY downside pressure builds, key support level in focus
AUDJPY Consolidation: Aussie Bulls Eye Breakout Toward 115.00
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary 



