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BTC/EUR Short Term outlook

BTC/EUR has made a high of 217 and is slightly retreating from that level. Overall trend is bullish as long as support 200 holds. On the upside any break above 217 will target 230. The pair's break below 200 will drag th…

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BTC/EUR Short Term outlook
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  • BTC/EUR has made a high of 217 and is slightly retreating from that level. Overall trend is bullish as long as support 200 holds.

  • On the upside any break above 217 will target 230.

  • The pair's break below 200 will drag the pair further down till 190.

Indicators (4 hour chart)                                                                           

CCI (50) - Buy

CCI (14) - Buy

Ichimoku- Buy

Recommendation: Buy BTC/EUR around 206, SL 200, Targets 217/230.

 

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