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 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