BTC/EUR Short Term outlook

• 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.