BTC/USD Short term outlook

Intraday trend-Bearish

• BTC/USD has recovered till $228 after making a low of $ term trend is weak as long as resistance $235 holds.
  
  
• On downside major support is around $213.80 and any break below could pave way for next target $200/$193.
  
  
• The pair's minor resistance is around $235 (20 day MA) and break above would extend gains till $245/$259.

 Indicators (Daily chart)

Woodies CCI (14) - Sell

CCI (50) - Sell

Ichimoku- Sell

We prefer to Sell BTC/USD around $225 SL $235, Targets $213/$208.