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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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