BTC/EUR has broken major resistance at 1000 and jumped sharply till 1025 (COINBASE). The pair has made fresh life-time high and is expected to go further in the coming days. It is currently trading around 1026.21 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: 922

Kijun-Sen level: 854

Minor weakness level – 944 (7- day EMA)

Minor reversal level -800 (Dec 25th low)

Long-term trend remains to be bullish. In the daily chart, BTC/EUR is trading above 1000 and slight jump till 1098 is likely.

Major resistance is around 1055 (261.8% retracement of 945 and 877) and any break above will take the pair to next level till 1098 (161.8% projection from 808 and 945 to 877). Short term support is seen at 944 (7-day EMA) and any break below will drag the pair till 924 (10- day MA)/871 (21- day EMA)/854 (daily  Tenken-Sen)