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BTC/EUR Short Term outlook

Wednesday, March 4, 2015 10:45 AM UTC

BTC/EUR has broken major resistance 230 and jump till 274 cannot be ruled out. Short term trend is bullish as long as support 230 holds.
On the upside any break above 230 will target 256/274.
The pair's break below 230 will drag the pair further down till 220/208.

Indicators (4 hour chart)

CCI (50) - Buy

CCI (14) - Buy

Ichimoku- Buy

Recommendation: Buy BTC/EUR around 238, SL 229, Targets 249/256.

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BTC/EUR Short Term outlook

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