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- Pattern Formed- Triple bottom
- Major support - $435
- Major resistance- $451 (21 day MA)
- BTC/USD has made a high of $449.60 yesterday and slightly retreated from that level. . It is currently trading around $447.93.
- The pair should break below $435 for further weakness.
- Any break below $435 will drag the pair down till $420 (55 day EMA)/$385 (200 day EMA).The minor support is around $448.
- On the higher side resistance is at $451 (21 day MA) and any indicative break above targets $456/$465/$470.
It is good to buy at dips around $445 with SL around $435 for the TP of $460/$470
