- BTC/EUR has formed almost a triple bottom around 230 and any short term weakness can be senn only below that level.
- On the downside any break below 230 will target 215/208.
- The pair's minor resistance is around 256 and break above will take the pair till 274 in short term.
Indicators (4 hour chart)
CCI (50) - Buy
CCI (14) - Buy
Ichimoku- Buy
Recommendation: Buy BTC/EUR around 240, SL 229, Targets 256/270.