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BTC/EUR Short term outlook

BTC/EUR has broken 200 day MA and any break above would extend gains till 243 On the upside minor resistance is around 225 (200 day MA) and any break above would extend gains till 235/243 in short term. The pair's short …

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BTC/EUR Short term outlook
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  • BTC/EUR has broken 200 day MA and any break above would extend gains till 243

  • On the upside minor resistance is around 225 (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 at dips around 220 SL 210, Targets 243

 

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