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- BTC/EUR is consolidating between 221 and 206. Overall trend is weak as long as resistance 229 holds.
- On the upside minor resistance is around 229 (200 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 (4 Hours chart)
Woddies CCI (14) - Neutral
CCI (50) - Buy
Ichimoku- Buy
We prefer to Sell BTC/EUR around 220 SL 229, Targets 208/200.
