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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 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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