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

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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BTC/USD has broken major resistance $400 and jumped till $422.28. Short term trend is still bullish long as major support $380 holds.

On the higher side major resistance is around $424 ( 61.8% retracement of $502 and $294) and break above targets $450/$480 in short term.

The pair’s minor support is around $398 and break below targets $389/$380.

It is good to buy at dips around $410 with SL around $389 for the TP of $449/$479
Good chart.
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