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- BTC/EUR has made a high of 275 and declined from that level till 235. Overall trend is still weak as long as short term resistance 260 holds.
- On the upside minor resistance is around 260 (20 day 4HMA) and any break above would extend gains till 275/293 in short term. The pair's short term support is around 235 and any break below will extend loss till 225/213.
Indicators (4 Hours chart)
CCI (50) - Buy
Ichimoku- Sell
We prefer to Sell BTC/EUR around 253 SL 260, Targets 235/225.
