FxWirePro
Long

BTC/USD breaks major resistance around $436, Targets $468/$480

BITSTAMP:BTCUSD   Bitcoin / Dollar
453 0 3
Chart Pattern Formed- Ascending Triangle Pattern

BTC/USD has broken major resistance $436 which confirms minor trend reversal a jump till $468 is possible.

Short term trend is still bullish as long as support $424 holds.

The pair’s minor resistance is around $443 and any break above will take the pair to next level till $468/$480/$500 is possible. Overall trend reversal can be seen only below $400.

On the lower side below $424 will drag the pair to next level $400/$380 .

It is good to buy at dips around $440 with SL around $424 for the TP of $468/$480/$500



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