- BTC/EUR has closed well above trend line resistance $215. This confirms shortterm bullishenss a jump till 240 cannot be ruled out.
- On the upside minor resistance is around 221 (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)
CCI (14) - Buy
CCI (50) - Buy
Ichimoku- Buy
We prefer to Buy BTC/EUR around 217 SL 208, Targets 235/240.