- BTC/EUR has broken major support 227 and declined till 220. Overall trend is weak as long as resistance 235 holds.
- On the upside minor resistance is around 235 (Ichimoku cloud top) and any break above would extend gains till 244.50/257 in short term. The pair's short term support is around 220 and any break below will extend loss till 211/204.
Indicators (4 Hour chart)
CCI (50) - Sell
CCI (14) - Buy
CCI (14) - Sell
Recommendation: Sell BTC/EUR around 226 SL 236, Target 211.
