BTC/EUR is seen trading slightly above on Tuesday. The pair has broken major resistance 10-day MA and slightly jumped till 548.56 at the time of writing (COINBASE). It is currently trading around 546.31 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: 547.09

Kijun-Sen level: 535.09

Trend reversal level - (100 days MA)-567.49

Long-term trend remains to be bullish. In the daily chart, any break above 10- day MA confirms minor bullishness, a jump till 567 (100- day MA) is possible .The pair should break above 100- day MA for further bullishness.

Major resistance is around 546.45 (10- day MA) and any violation above will take the pair till 567.45 (100- day MA)/575/608 (61.8% retracement of 715.65 and 434.78). Short term support is seen at 541.20 (21- day MA) and any break below targets 535 (90- day EMA)/513 (38.2% retracement of 434.58 and 562.30).