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BTC/EUR Short term outlook

BTC/EUR is consolidating between 218 and 206. Overall trend is weak as long as resistance 225 holds. On the upside minor resistance is around 225 (20 day MA) and any break above would extend gains till 235/240 in short t…

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BTC/EUR Short term outlook
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  • BTC/EUR is consolidating between 218 and 206. Overall trend is weak as long as resistance 225 holds.

  • On the upside minor resistance is around 225 (20 day MA) and any break above would extend gains till 235/240 in short term. The pair's short term support is around 206 and any break below will extend loss till 200/193.

Indicators (Daily chart)

Woddies CCI (14) - Sell 

CCI (50) - Sell

Ichimoku- Sell   

We prefer to Sell BTC/EUR around 217 SL 225, Target 208/200. 

 

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