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- BTC/EUR declined till 227 after making a high of trend is bearish as long as resistance 238 (200 day 4HEMA) holds.
- On the upside minor resistance is around 238 and any break above would extend gains till 249/257 in short term. The pair's short term support is around 224 and any break below will extend loss till 217/211.
Indicators (4 Hour chart)
CCI (50) - Sell
CCI (14) - Sell
CCI (14) - Sell
Recommendation: Sell BTC/EUR around 234 SL 241, Targets 224/217.
