BTC/EUR is seen trading in a narrow range between 968.50 and 935 for the past three trading sessions (COINBASE). It is currently trading around 976.20 at the time of writing. Ichimoku analysis of daily chart indicates: T…
BTC/EUR is seen trading in a narrow range between 968.50 and 935 for the past three trading sessions (COINBASE). It is currently trading around 976.20 at the time of writing.
Ichimoku analysis of daily chart indicates:
Tenkan-Sen level: 911
Kijun-Sen level: 831.65
Major reversal level -800 (89- day EMA)
Long-term trend remains to be bullish. The pair is facing strong resistance at 972 and any break above will take the pair till 1000/1028 in the short term.
Major resistance is around 972 and any break above will take the pair to next level till 1000/1028 (161.8% retracement of 900 and 694.78). Short term support is seen at 937 (7 - day MA) and any break below will drag the pair till 914 (10- day MA)/880 (30-day EMA).
