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BTC/EUR Short Term outlook

Thursday, March 19, 2015 1:07 PM UTC

BTC/EUR has broken major support 265 and declined till 238 level. Overall trend is bearish as long as resistance 260 holds.
The pair's minor support is around 230 and any break below could pave way for next target around 217/211.

Indicators (4 hour chart)

CCI (50) - Sell

CCI (14) - Sell

Ichimoku- Neutral

Recommendation: Sell BTC/EUR around 250, SL 261, Targets 232/218.

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BTC/EUR Short Term outlook

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