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BTC/EUR Short Term outlook

BTC/EUR is trading around 253 (Mar 4th high) and any break of will target $274 in short term. Overall trend is bullish as long as short term support 240 holds. On the downside any break below 240 will target 230/ term we…

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BTC/EUR Short Term outlook
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  • BTC/EUR is trading around 253 (Mar 4th high) and any break of will target $274 in short term. Overall trend is bullish as long as short term support 240 holds.

  • On the downside any break below 240 will target 230/ term weakness can be seen only below 230.

Indicators (4 hour chart)                                                                           

CCI (50) - Buy

CCI (14) - Buy

Ichimoku- Buy

Recommendation: Buy BTC/EUR around 250, SL 239, Target 274.  

 

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