Friday, October 16, 2026

Technicals / Digital Currency

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FxWirePro: BTC/USD trades in narrow range, good to sell on rallies

BTC/USD has broken minor support $325 and declined till $310. It is currently trading around $321. On the downside major support is around $300 and break below targets$270/$256. The pair's minor resistance is around $356…

By Lis Howell
1 min read
FxWirePro: BTC/USD trades in narrow range, good to sell on rallies
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BTC/USD has broken minor support $325 and declined till $310. It is currently trading around $321.

  • On the downside major support is around $300 and break below targets$270/$256.
     
  • The pair's minor resistance is around $356 (Nov 14th high) and any break above will take the pair to new level $370/$400.
     
  • Overall bullish invalidation only above $400 level.

It is good to sell on rallies around $325-$330 with SL around $356 for the TP of $270/$256.

 

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