BTC/USDT Ichi Cloud has the answer..

11 Jul 2018

Hello everyone, I think you might try to consider this one: Here I have the chart, as you can see the Tenken " conversion line - the blue one" is key on the daily chart. Every time we crossed above the Tenken, we changed the trend from down trend to an up trend. This happened 3 times by now, and as you can see now we are currently above it, every time we cross the Tenken on the daily we are going to reach the kejun the cherry one" Base line" And then if the trend continues up we have the TK cross, but we never had this TK cross because we never crossed the 200 MA on the daily so far after the 20k dump.

So If the Tenken that now is working as support holds, we are going to reach the kejun at 7400 give or take. I'm pretty sure of that. I set the ichimoku cloud on bitcoin with the 20-60-120-30 settings, be aware of that.

Let's see how this plays out. I Give two weeks maximum before we can reach 7400 and find support on the 50 EMa.

Thanks