BTC/EUR is seen trading high on Tuesday and the pair has jumped till 1089 and slightly declined from that level (COINBASE). It is currently trading around 1085 at the time of writing.

Ichimoku analysis of daily chart indicates:

Tenkan-Sen level: 981

Kijun-Sen level: 1088

Major reversal level -806 (200- day MA)

Long-term trend remains to be bullish. BTC/EUR is facing strong resistance around 1088 and any break above targets 1150.

Major resistance is around 1088 (daily Kijun-Sen) and any break above will take the pair to next level till 1150 (61.8% retracement of 1350 and 826)/1188 (Mar 14th, 2017 high). Short term support is seen at 1011 (21- day EMA) and any break below will drag the pair till 972 (89- day EMA)/864 (Mar 18th, 2017 low)/806 (200- day MA).