- BTC/USD is facing strong support around $220 and any further weakness only below $220 level. It is currently trading at $224.95. Short term trend is weak as long as resistance $235 holds.
- The major resistance is around $240 and break above will take the pair to next target $250/$258.
- The pair's minor support is around $220 and any break below will drag the pair further down till $210/$198.
Indicator (Daily chart)
CCI (50) -Buy
Ichimoku- Buy
We prefer to buy around $230-32 with SL around $219 for the TP of $250/$258


FxWirePro: GBP/NZD remains bullish as rally continues
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance 



