BTC/EUR Short Term Outlook

• BTC/EUR has slightly recovered till 243.43 after making a low of 224 and intraday trend is bullish as long as support 235 holds.
  
  
• On the upside major resistance is around 249 (200 day 4HMA) and any break above would extend gains till 257/265 in short term. The pair's short term support is around 235 and any break below will extend loss till 230/223.

Indicators (4 Hour chart)

CCI (50) - Buy

CCI (14) - Buy

CCI (14)-Neutral              

Recommendation: Buy BTC/EUR around 235 SL 223, Targets 257/264.