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BTC/EUR Short Term outlook

Wednesday, March 11, 2015 7:59 AM UTC

BTC/EUR has retreated till 268 after making a high of 278. Overall trend is bullish as long as short term supports 257 (23.6% retracement of 190 and 278) holds.
On the downside any break below 257 will target 248/ 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 268, SL 257, Target 282/300.

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BTC/EUR Short Term outlook

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