BTC/EUR has shown a minor dip till 1069 after hitting a high of 1160.71 on Apr 11th, 2017 (COINBASE). It is currently trading around 1113 at press time.

Ichimoku analysis of daily chart indicates:

Tenkan-Sen level: 1115

Kijun-Sen level: 993

Major reversal level -831 (200- day MA)

The long-term trend remains to be bullish. BTC/EUR faces strong support at 1066 (ichimoku cloud) and any break below confirms minor bearishness.

Major resistance is around 1188 (Mar 14th, 2017 high) and any break above will take the pair to next level till 1235 (Mar 3rd, 2017 high)/1290 (88.6% retracement of 1350 and 826). Short term support is seen at 1088 (21 days EMA) and any break below will drag the pair down till 1066 (Ichimoku cloud) /993 (daily Kijun-Sen).