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BTC/EUR Short Term outlook

Thursday, March 12, 2015 9:19 AM UTC

BTC/EUR has retreated till 276 after making a high of 293.75. Overall trend is bearish as long as short term resistance 300 holds.
On the downside minor support is around 276 and any break below 270 will target 253/240.

Indicators (4 hour chart)

CCI (50) - Buy

CCI (14) - Buy

Ichimoku- Neutral

Recommendation: Sell BTC/EUR around 283, SL 294, Target 270/254.

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BTC/EUR Short Term outlook

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