BTC/EUR Short Term Outlook

BTCE:BTCEUR   Bitcoin / Euro
142 2 0
BTC/EUR has made a high of 230 and is slightly retreating from that level. Overall trend is weak as long as short term resistance 215 holds.

On the downside minor support is around 203 and break below will take the pair to 198/190.

The pair’s short-term resistance around 215 and above it will reach 223/230.

Indicators (4 hour chart)
CCI (50) – Sell
CCI (14) - Sell
Ichimoku- Sell

Recommendation: Sell BTC/EUR around 208, SL 215, Targets 198/191.
I could not be more bullish right now (and my last two bearish scenarios failed so far). To the upside which is your price to buy into the bull run?
Buy if it break 215 u can make good profit
+1 Reply
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