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BTC/USD breaks major resistance around $436, jump till $468 is possible

  • 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

 

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