BTC/EUR is seen trading above on Tuesday and the pair breaks a major resistance at 1005 high made on Feb 9th yesterday and closed well above that level (COINBASE).  It is currently trading around 1033.56 at the time of writing.

Ichimoku analysis of daily chart indicates:

Tenkan-Sen level: 980

Kijun-Sen level: 933

Major reversal level -850 (89- day EMA)

Long-term trend remains to be bullish. The pair is trading well above 1000 level, a jump till 1111 is likely.

Major resistance is around 1028 (161.8% retracement of 900 and 694.78) and any break above will take the pair to next level till 1064 (88.6% retracement of 1111.15 and 694.78)/1111 (Jan 5th high). Short term support is seen at 991 (7- day EMA) and any break below will drag the pair till 976 (10- day MA)/ 956 (21- day EMA)/887 (38.2%retracement of 694 and 1005)/871 (60- day EMA).