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BTC/USD faces intraday support around $360, good to buy at dips

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BITSTAMP:BTCUSD   比特幣
6
BTC/USD has made a high of $383 and slightly retreated from that level. It is currently trading around $376.

Intraday trend is bullish as long as support $360 holds. Any break below $360 will drag the pair further down till $350/$340.

On the higher side major resistance is around $387 and above $393 will take the pair to new level $400/$420.

It is good to buy at dips at $370-$375 with SL around $360 for the TP of $393/$420
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