Friday, October 16, 2026

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BTC/EUR Short Term Outlook

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…

By Lis Howell
1 min read
BTC/EUR Short Term Outlook
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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. 

 

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