BTC/EUR is hitting its new all-time high. The pair has broken major resistance 662 (2.618% retracement 451 and 320) and has jumped till 692.66 levels (CEXIO) at the time of writing.  It is currently trading at 685.40 at the time of writing.

Ichimoku analysis of 4-hour chart shows:

Tenkan-Sen level: 651

Kijun-Sen level: 633

Trend reversal level - (90 days EMA)-555

Long-term trend remains to be bullish. Any break above 662 will take the pair to next immediate resistance at 710 (2.618% retracement of 691.50 and 679)/750 is possible. Short term support is seen at 660 (7 4H EMA) and any violation below will drag the pair till 630/ 585 (55 4H EMA).