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FxWirePro:BTC/USD consolidating in narrow range, good to buy at dips

Wednesday, March 9, 2016 7:35 AM UTC

Minor resistance - $415
BTC/USD has recovered till $415 after making a low of $382. It is trading around $410.
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 $415 and break above targets $425/$450.
It is good to buy at dips around $390-$400 with SL around $370 for the TP of $425/$450

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FxWirePro:BTC/USD consolidating in narrow range, good to buy at dips

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