- BTC/USD has broken major resistance $300 and jumped till $303. It is currently trading at $301.50.
- Short term trend is bullish as long as support $288 holds.
- Any break above $300 will take the pair to next level $317/$332 in short term.
- On the downside any break below $288 will drag the pair further down till $279/$275.
It is good to buy at dips around $298-$300 with SL around $288 for the TP of $317/$332
The material has been provided by InstaForex Company – www.instaforex.com