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BTC/EUR Short Term outlook

Tuesday, March 10, 2015 8:56 AM UTC

BTC/EUR is trading near major resistance 275 and any break of will target $300 in short term. Overall trend is bullish as long as short term support 250 holds.
On the downside any break below 250 will target 240/ term weakness can be seen only below 230.

Indicators (4 hour chart)

CCI (50) - Buy

CCI (14) - Buy

Ichimoku- Buy

Recommendation: Buy BTC/EUR around 260, SL 250, Target 282/300.

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BTC/EUR Short Term outlook

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