BTC/EUR has broken major psychological resistance at 1300 and jumped till 1335 levels (COINBASE). It is currently trading around 1232 at the time of writing. Minor term trend is bullish as long as support 1197 (Apr 28th low) holds.

Ichimoku analysis of daily chart indicates:

Tenkan-Sen level: 1241

Kijun-Sen level: 1198

Major reversal level -879.89 (200- day MA)

Long-term trend remains to be bullish. BTC/EUR trades near to life time high of 1350 and any break above targets 1550.

Major resistance is around 1350 Mar 10th high) and any break above will take the pair to next level till 1401 (161.8 retracement of 1188 and 826)/1550 (138.2% retracement of 1350 and 826). Short term support is seen at 1270 (23.6% retracement of 1335 and 1197) and any break below will drag the pair down till 1197 (Apr 28th 2017 low)/1180 (21 day EMA) /1082 (55- EMA).