BTC/EUR is trading in a narrow range between 930 and 964.59 for the past three trading sessions (COINBASE). It is currently trading around 963 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: 940

Kijun-Sen level: 915.45

Major reversal level -833 (89- day EMA)

Long-term trend remains to be bullish. The pair faces strong resistance at 1005 high formed on Feb 9th, 2017 and minor bullishness can be seen if it breaks above that level.

Major resistance is around 1005 (Feb 9th high) and any break above will take the pair to next level till 1028 (161.8% retracement of 900 and 694.78)/1064 (88.6% retracement of 1111.15 and 694.78). Short-term support is seen at 930 (21- day EMA) and any break below will drag the pair till 887 (38.2%retracement of 694 and 1005)/871 (60- day EMA).