FxWirePro
Long

BTC/USD trades well above $400, good to buy at dips

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
289 0 4
Major support - $400

BTC/USD has slightly recovered till $422 after making a low of $403.It is currently trading around $420.66.

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 $390 will drag the pair down till $380/$350 is possible.

BTC/USD major resistance is around $425 and break above targets $450/$465.The minor resistance is around $425.

It is good to buy at dips around $410-$415 with SL around $400 for the TP of $450/$465.
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