- BTC/EUR has retreated after making a high of 224. Overall trend is weak as long as resistance 225 holds.
- On the upside minor resistance is around 225 (200 day 4HMA) and any break above would extend gains till 235/240 in short term. The pair's short term support is around 206 and any break below will extend loss till 200/193.
Indicators (4 Hours chart)
Woddies CCI (14) - Neutral
CCI (50) - Sell
Ichimoku- Neutral
We prefer to Sell BTC/EUR around 220 SL 229, Targets 208/200.