FxWirePro
Long

BTC/USD takes support near 200 day 4HMA, good to buy at dips

BITSTAMP:BTCUSD   Bitcoin / Dollar
637 2 3
BTC/USD has made a low of $348 and started to recover from that level. Overall trend is still bullish h as long as support $340 holds.

Any break below $340 will drag the pair further down till $328/$320.

On the higher side major resistance is around $387 and above $393 will take the pair to new level $400/$420.

It is good to buy at dips at $360 with SL around $340 for the TP of $393/$420

Hey, I'm heppy to see your analysis on BTC aswell, great fan of your work! Do you think we are going to attempt a 61-78 retrace from the top?
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out