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BTC/EUR Short term outlook

BTC/EUR is trading near 200 day MA and any break above would extend gains till 243

On the upside minor resistance is around 227 (200 day MA) and any break above would extend gains till 235/243 in short term. The pair's short term support is around 211 and any break below will extend loss till 200/196.

Indicators (Daily chart)

CCI (14) - Buy   

CCI (50) - Buy

Ichimoku- Buy  

We prefer to buy BTC/EUR around 210 SL 200, Targets 227/243.

 

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