BTC/EUR has declined after making a high of 987.86 yesterday (COINBASE) and is seen trading low on Wednesday. It is currently trading around 943.95 at the time of writing.
Ichimoku analysis of daily chart shows:
Tenkan-Sen level: 932
Kijun-Sen level: 1088
Major reversal level -780 (200- day MA)
Long-term trend remains to be bullish. BTC/EUR faces strong resistance at 21- day EMA, and any break above will take the pair till 1088 (daily Tenken-Sen).
Major resistance is around 1000 (21- day EMA) and any break above will take the pair to next level till 1088 (daily Kijun-sen). Short term support –794 (200- day MA) and any break below will drag the pair till 694 (Jan 12th 2017 low).


Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature
FxWirePro- Major Crypto levels and bias summary
Bitcoin Smashes $93K as Institutions Pile In – $100K Next?
Ethereum Ignites: Fusaka Upgrade Unleashes 9× Scalability as ETH Holds Strong Above $3,100 – Bull Run Reloaded
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
Bitcoin Bounces Hard: $87,592 Hit as Bulls Defend $80K – Next Stop $100K If $92K Breaks
Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K
ETHUSD Finds Its Footing: Buy the Dip for a Potential Surge Toward $3600




