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