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BTC/EUR Short Term Outlook

BTC/EUR has slightly recovered after making a low of 224 and intraday trend is weak as long as resistance 240 holds. On the upside major resistance is around 240 and any break above would extend gains till 246/257 in sho…

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BTC/EUR Short Term Outlook
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  • BTC/EUR has slightly recovered after making a low of 224 and intraday trend is weak as long as resistance 240 holds.

  • On the upside major resistance is around 240 and any break above would extend gains till 246/257 in short term.

Indicators (4 Hour chart)

CCI (50) - Sell

CCI (14) - Sell

CCI (14)-Neutral              

Recommendation: Sell BTC/EUR around 232 SL 240, Targets 224/217. 

 

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