BTC/USD has broken the minor resistance $228 and this confirms short term trend reversal a jump till $244 (trend line joining $269.90 and $258.80) cannot be ruled out.
On the downside minor support is around $220 and any break below will drag the pair further down till $213.80/206 in short term.
Indicators (4 hours chart)
Woodies CCI (14) - Neutral
CCI (50) – Buy
Ichimoku- Buy
We prefer to buy BTC/USD around $227 SL $220, Targets $236/$244.
On the downside minor support is around $220 and any break below will drag the pair further down till $213.80/206 in short term.
Indicators (4 hours chart)
Woodies CCI (14) - Neutral
CCI (50) – Buy
Ichimoku- Buy
We prefer to buy BTC/USD around $227 SL $220, Targets $236/$244.