BTC/EUR is trading in a narrow range between 795 and 694 for the past four trading days (COINBASE).  It is currently trading around 789.73 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: 797

Kijun-Sen level: 903.17

Major reversal level -795 (60- day EMA)

Long-term trend remains to be bullish. In the daily chart, BTC/EUR upside capped by 60 –day EMA and break above confirms minor bullishness.

Major resistance is around 795 (60- day EMA) and any break above will take the pair to next level till 836 (30- day EMA)/903.17 (daily Kijun-Sen). Short term support is seen at 755 (89- day EMA) and any break below will drag the pair till 690 (Cloud bottom) 637 (200- day MA).