BTC/EUR Short Term Outlook

• BTC/EUR has broken major support 227 and declined till 220. Overall trend is weak as long as resistance 235 holds.
  
  
• On the upside minor resistance is around 235 (Ichimoku cloud top) and any break above would extend gains till 244.50/257 in short term. The pair's short term support is around 220 and any break below will extend loss till 211/204.

Indicators (4 Hour chart)

CCI (50) - Sell

CCI (14) - Buy

CCI (14) - Sell     

Recommendation: Sell BTC/EUR around 226 SL 236, Target 211.