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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. I…

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BTC/EUR Short Term outlook
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  • 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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