FxWirePro:BTC/USD faces strong support around $350, good to buy at dips
BTC/USD has formed temporary bottom around $363 and slightly jumped from that level. Short term trend is slightly bullish as long as support $350 holds. On the higher side the pair has broken minor resistance $380 (trend…
BTC/USD has formed temporary bottom around $363 and slightly jumped from that level. Short term trend is slightly bullish as long as support $350 holds.
On the higher side the pair has broken minor resistance $380 (trend line joining $465 and $422.90) and jumped till $391. It is currently trading around $ break above $380 will take the pair targets $395/$402/$424.
The pair's major support is around $350 and any break below will drag the pair further down till $320/$300.
It is good to buy at dips around $370-$375 with SL around $350 for the TP of $402/$423
