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BTC/EUR Daily outlook

BTC/EUR declined till 200 after making a high of 218. Short term trend is weak as long as resistance 218 holds On the upside minor resistance is around 218 and any break above would extend gains till 225/240 in short ter…

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BTC/EUR Daily outlook
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  • BTC/EUR declined till 200 after making a high of 218. Short term trend is weak as long as resistance 218 holds

  • On the upside minor resistance is around 218 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 Sell BTC/EUR around 210 for the target of 195 with stop around 218.

 

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