BTC/USD breaks major resistance $245, jump till $272 is possible

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
702 1 5
BTC/USD has broken major resistance $245 (200 day 4 HMA ) and this confirms short term bullishness, a jump till $258/$272 is possible It is currently trading at $244.91. Short term trend is bullish as long as support $235 holds

The major resistance is around $245 and break above will take the pair to next target $258/$272.

The pair’s minor support is around $235 and any break below will drag the pair further down till $228/$220.

Bullish invalidation only below $220

Indicator ( Daily chart )

CCI (50) –Buy

Ichimoku- Buy

We prefer to buy around $240-242 with SL around $234.50 for the TP of $258/$272

wow... great.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out