FxWirePro
Long

BTC/USD breaks minor resistance $415, targets $450/$465

BITSTAMP:BTCUSD   Bitcoin / Dollar
261 3 6
Minor resistance - $415

BTC/USD has broken minor resistance $415 and jumped till $420 at the time of writing after making a low of $382. It is trading around $410.

Short term trend is slightly bullish as long as support $370 holds.

On the lower side major support is around $370 and any break below $370 confirms minor trend reversal, decline till $350/$318 is possible.

BTC/USD minor resistance is around $415 and break above targets $425/$450.


It is good to buy around $415-$418 with SL around $400 for the TP of $450/$465



MarshaIII
9 months ago
bulls on !
Reply
Tradingisparty
9 months ago
Not going there this time. It will go just to 425 and then it retreats to like 410, taking a second breath and continuing maybe to what you describe here. Check out mine analysis on BTC price. I am new here so please be gentle :)
Reply
TereMius
8 months ago
update?
Reply
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