Digital Currency

BTC/EUR Daily outlook

BTC/EUR declined till 204 after making a high of 218. Short term trend is weak as long as resistance 213 holds. On the upside minor resistance is around 213 and any break above would extend gains till 225/240 in short te…

By Lis HowellJun 4, 2015, 8:17 AM UTC

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BTC/EUR Daily outlook — Image from the original EconoTimes article

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BTC/EUR declined till 204 after making a high of 218. Short term trend is weak as long as resistance 213 holds.
On the upside minor resistance is around 213 and any break above would extend gains till 225/240 in short term. The pair's short term support is around 204 and any break below will extend loss till 200/193.

Indicators (4 Hours chart)

CCI (14) - Buy

CCI (50) - Sell

Ichimoku- Sell

We prefer to Buy BTC/EUR around 210 for the target of 195 with stop around 217.

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