BTC/USD breaks major trendline resistance at $356, targets $415
BTC/USD has broken major trend line resistance $356 (trend line joining $683 and $658) and jumped till $379 at the time of writing. It is currently trading at $379.
Short term trend is bullish as long as support $358 holds.
The pair is facing major resistance around $380 and break above confirms further bullishness, a jump till $400/$415/$450 is possible
On the downside any break below $358 will drag the pair further down till $349/$337.
It is good to buy at dips around $375-78 with SL around $3358 for the TP of $415/$450
Short term trend is bullish as long as support $358 holds.
The pair is facing major resistance around $380 and break above confirms further bullishness, a jump till $400/$415/$450 is possible
On the downside any break below $358 will drag the pair further down till $349/$337.
It is good to buy at dips around $375-78 with SL around $3358 for the TP of $415/$450
