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BTC/EUR Short Term outlook

  • BTC/EUR has slightly recovered after making low of 238. Overall trend is bearish as long as resistance 260 holds.

  • The pair's minor support is around 238and any break below could pave way for next target around 230/217.

Indicators (4 hour chart)                                                                           

CCI (50) - Sell

CCI (14) - Sell

Ichimoku- Neutral

Recommendation: Sell BTC/EUR around 250, SL 261, Targets 238/218.  

 

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