FxWirePro:BTC/USD trades in narrow range, good to buy at dips
Major resistance - $425 (trend line joining $447 and $440) BTC/USD is consolidating between $420.89 and $406 for the past four trading session. It is trading around $414. Short term trend is slightly bullish as long as s…
Major resistance - $425 (trend line joining $447 and $440)
BTC/USD is consolidating between $420.89 and $406 for the past four trading session. It is trading around $414.
Short term trend is slightly bullish as long as support $400 holds.
On the lower side major support is around $400 and any break below $400 will drag the pair down till $370/$350 is possible. The minor support is around $400
BTC/USD major resistance is around $425 and break above targets $450/$465.
It is good to buy around $410 with SL around $400 for the TP of $450/$465
