BTC/EUR Short Term outlook

• BTC/EUR has retreated till 268 after making a high of 278. Overall trend is bullish as long as short term supports 257 (23.6% retracement of 190 and 278) holds.
  
  
• On the downside any break below 257 will target 248/ term weakness can be seen only below 230.

Indicators (4 hour chart)                                                                         

CCI (50) - Buy

CCI (14) - Buy

Ichimoku- Buy

Recommendation: Buy BTC/EUR around 268, SL 257, Target 282/300.