BTC/EUR has broken the major resistance of 1742 all- time high made on May 11th 2017 and jumped till 1928 levels (COINBASE). The pair has formed a minor bottom around 1476 on May 13th 2017 and any minor weakness can be seen only below that level. The pair is currently trading at 1951.64 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: 1670

Kijun-Sen level: 1518

Major reversal level -1476 (May 13th 2017 low)

Long-term trend remains to be bullish. BTC/EUR hits fresh all-time high at the time of writing and a jump till 2042 likely.

Major resistance is around 2000 and any break above will take the pair to next level till 2042 61.8% projection of 826 to 1742 from 1476)/2138 (200% projection from 694 to 1350 from 826). Short term support is seen at 1820 (23.6% retracement of 1928 and 1476) and any break below will drag the pair down till 1682 (10 day MA)/1518 (daily Kijun-Sen)/1343 (May 4th 2017).