BTC/EUR Short term outlook

• BTC/EUR is struggling to close above 219 (200 day 4HMA) and any trend reversal can happen only above that level.
  
  
• On the upside minor resistance is around 219 (200 day 4HMA) 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)

 CCI (14) - Buy  

CCI (50) - Sell

Ichimoku- Sell   

We prefer to sell on rallies around 214 for the targets of 206/200 with stop around 220