BTC/USD Breaks Major Resistance $428, Targets $448/$465
- Major Resistance - $428
- BTC/USD has broken major resistance $428 and jumped till $428.53 at the time of writing. It is currently trading around $428.53.
- Minor trend is bullish as long as support $415 (55 day 4H EMA) holds.
- On the lower side major support is around $415 and any break below $415 will drag the pair down till $400/$390 is possible.
- BTC/USD major resistance is around $428 and break above targets $450/$465.The minor resistance is around $425.
It is good to buy above $428 with SL around $415 for the TP of $448/$465.
The material has been provided by InstaForex Company - www.instaforex.com