FxWirePro
Long

BTC/USD breaks major resistance around $318,targets $353

BITSTAMP:BTCUSD   Bitcoin / Dollar
747 2 9
BTC/USD has broken major resistance $318 (Jul 2nd 2105) and jumped till $332. It is currently trading at $325.

The pair is facing trend line resistance around $338 ( trend line joining $298 and 317.99) and break above confirms further bullishness, a jump till $353/$380 is possible

Short term trend is bullish as long as support $313 holds.

On the downside any break below $313 will drag the pair further down till $300/$288.

It is good to buy at dips around $325 with SL around $313 for the TP of $338/$353


Great as always!
p.s. didn't you fix your previous profit too early?
Reply
Just hit "play button", it seems like the July scenario is repeating. Unable to cross the big red line. Should we expect a BIG retracement ?
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out