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FxWirePro
Oct 28, 2015 5:20 AM

BTC/USD breaks major resistance around $300, targets $330 Long

Bitcoin / U.S. dollarBitstamp

Description

BTC/USD has broken major resistance $300 and jumped till $303 . it is currently trading at $301.50.

Short term trend is bullish as long as support $288 holds.

Any break above $300 will take the pair to next level $317/$332 in short term.

On the downside any break below $288 will drag the pair further down till $279/$275.

It is good to buy at dips around $298-$300 with SL around $288 for the TP of $317/$332
Comments
nick1
nice setup buy
boblovelily5597464
DMI ADX more than 50 ,,,not Reversal?
PlayDefence
Daily candle is still not closed yet.
FxWirePro
Daily candle not closed . But once again broken that $300 level
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