Thursday, October 15, 2026

Technicals / Digital Currency

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FxWirePro:BTC/USD faces support around $370, good to buy at dips

BTC/USD has retreated till $374 after making a high of $422.98. It is currently trading around $396. Short term trend is bullish as long as support $370 holds. On the lower side any break below $370 will drag the pair do…

By Lis Howell
1 min read
FxWirePro:BTC/USD faces support around $370, good to buy at dips
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  • BTC/USD has retreated till $374 after making a high of $422.98. It is currently trading around $396.
     
  • Short term trend is bullish as long as support $370 holds.
     
  • On the lower side any break below $370 will drag the pair down till $350/$315 (200 day MA).
     
  • The pair's resistance is around $425 and break above will take the pair to next level $450/$466.
     
  • Overall bullish invalidation below $315 (200 day MA).
     
  • Momentum indicator Stoch RSI - Buy .
     
  • MACD- Buy

It is good to buy at dips around $400 with SL around $370 for the TP of $450/$465

 

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