BTC/EUR Short Term Outlook

• BTC/EUR has slightly recovered till 243.43 after making a low of 224 and intraday trend is bearish as long as resistance 249 (200 day 4HMA) holds.
  
  
• On the upside minor resistance is around 238 (Kijun-Sen) and any break above would extend gains till 249/257 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) - Sell

CCI (14) - Sell     

Recommendation: Sell BTC/EUR around 240 SL 249, Targets 230/224.