BTC/EUR breaks major support at 971 (89 days EMA) and declined till 913.70 on Mar 22nd, 2017 (COINBASE). The pair hits 1029 yesterday and it is currently trading around 942.76 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: 1025

Kijun-Sen level: 1107

Major reversal level -780 (200- day MA)

Long-term trend remains to be bullish. BTC/EUR downside capped by ichimoku cloud and any close below confirms further weakness.

Minor resistance is around 972 (89- day EMA) and any break above will take the pair to next level till 1025 (daily Tenken -Sen)/ 1047 (21- day EMA). Short term support is seen at 925 (ichimoku cloud bottom) and any break below will drag the pair till 864 (Mar 18th, 2017).