BTC/USD struggles to break below $435, good to buy at dips
Pattern Formed- Triple bottom
Major support - $435
BTC/USD has broken minor resistance $446 (55 day 4 H EMA). It is currently trading around $447.51.
The pair should break below $435 for further weakness.
Any break below $435 will drag the pair down till $420 (55 day EMA)/$385 (200 day EMA).The minor support is around $448.
On the higher side resistance is at $452 (200 day 4 HMA) and any indicative break above targets $456/$465/$470.
It is good to buy at dips around $445 with SL around $435 for the TP of $460/$470
Major support - $435
BTC/USD has broken minor resistance $446 (55 day 4 H EMA). It is currently trading around $447.51.
The pair should break below $435 for further weakness.
Any break below $435 will drag the pair down till $420 (55 day EMA)/$385 (200 day EMA).The minor support is around $448.
On the higher side resistance is at $452 (200 day 4 HMA) and any indicative break above targets $456/$465/$470.
It is good to buy at dips around $445 with SL around $435 for the TP of $460/$470