FxWirePro:BTC/USD faces trend line resistance around $436, good to sell on rallies
Major resistance - $436 (trend line joining $502.48 and $465) BTC/USD has retreated till $403 after making a high of $422. It is currently trading around $407. Short term trend is slightly weak as long as resistance $436…
Major resistance - $436 (trend line joining $502.48 and $465)
BTC/USD has retreated till $403 after making a high of $422. It is currently trading around $407.
Short term trend is slightly weak as long as resistance $436 holds.
On the lower side major support is around $390 ( trend line joining $294 and $365) and any break below $390 will drag the pair down till $370/$350 is possible. The minor support is around $400
BTC/USD major resistance is around $436 and break above targets $450/$465.
It is good to sell on rallies around $410-$415 with SL around $436 for the TP of $352
