BTC/USD takes support near 200 day 4HMA, good to buy at dips
BTC/USD has made a low of $348 and started to recover from that level. Overall trend is still bullish h as long as support $340 holds.
Any break below $340 will drag the pair further down till $328/$320.
On the higher side major resistance is around $387 and above $393 will take the pair to new level $400/$420.
It is good to buy at dips at $360 with SL around $340 for the TP of $393/$420
Any break below $340 will drag the pair further down till $328/$320.
On the higher side major resistance is around $387 and above $393 will take the pair to new level $400/$420.
It is good to buy at dips at $360 with SL around $340 for the TP of $393/$420
