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Long

BTC/USD breaks major resistance $428, targets $448/$465

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
213 0 2
Major Resistance - $428

BTC/USD has broken major resistance $428 and jumped till $428.53 at the time of writing . It is currently trading around $428.53.

Minor trend is bullish as long as support $415 (55 day 4H E,MA) holds.

On the lower side major support is around $415 and any break below $415 will drag the pair down till $400/$390 is possible.

BTC/USD major resistance is around $428 and break above targets $450/$465.The minor resistance is around $425.

It is good to buy above $428 with SL around $415 for the TP of $448/$465.
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