BTC/EUR Short Term outlook

BTC/EUR has formed almost a triple bottom around 230 and any short term weakness can be senn only below that level.

On the downside any break below 230 will target 215/208.

The pair’s minor resistance is around 256 and break above will take the pair till 274 in short term.

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

Recommendation: Buy BTC/EUR around 240, SL 229, Targets 256/270.