FxWirePro
Long

BTC/USD Short term outlook

BTCE:BTCUSD   Bitcoin / U.S. Dollar
137 views
1
137 1
BTC/USD is currently trading around $276 after making low of $259. Overall trend is bullish as long as support $264 (55 day EMA ) holds.

It is facing short term resistance around $285 and any break above could pave the way for next target $304(Jan 26th high).

Any short term trend reversal can happen only below $264.Any break below will take the pair further down till $250/$239.

Indicators (4 Hour chart)
CCI (50) - Buy
CCI (14) - Buy
Ichimoku- Buy

Recommendation: Buy BTC/USD around $275, SL $264, Target $304.
This might be the first time I agree with your chart :) Yes, I'm also bullish here.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out