BTCUSD
should be pulling back to the Tenkan line as it's been off the Tenkan for a few days now. I had originally thought that pull-back would have already occurred but it appears we are going to head to the bottom of the Kumo Cloud (around $12k) before we get this push back. I do not see us breaking through the Kumo Cloud without retracing back to the Tenkan Line. After we get back to the Tenkan I believe we will make a run up into the Kumo Cloud and test the $14.5k zone.
BTCUSD
should be pulling back to the Tenkan line as it's been off the Tenkan for a few days now. I had originally thought that pull-back would have already occurred but it appears we are going to head to the bottom of the Kumo Cloud (around $12k) before we get this push back. I do not see us breaking through the Kumo Cloud without retracing back to the Tenkan Line. After we get back to the Tenkan I believe we will make a run up into the Kumo Cloud and test the $14.5k zone.