BTC/EUR hits fresh all-time high around 1236.40 yesterday after breaking 1215 (161.8% retracement of 1156 and 1060) (COINBASE). It is currently trading around 1218 at the time of writing. Overall trend is extremely bullish and any minor weakness can be seen only below 1055 (daily Kijun-Sen).
Ichimoku analysis of daily chart indicates:
Tenkan-Sen level: 1113
Kijun-Sen level: 1055
Major reversal level -905 (89- day EMA)
Long-term trend remains to be bullish. The pair trades well above 161.8% fibo, jump till 1275/1300 likely.
Major resistance is around 1235 (trend line joining 715 and 1111.5) and any break above will take the pair to next level till 1275 (61.8% Fibonacci projections from 694.78 to 1111.56 and 990)/1300. Short term support is seen at 1148 (5- day MA) and any break below will drag the pair till 1136 (10- day MA)/1098 (38.2% retracement of 875 and 1236)/1055 (daily Kijun-Sen).