Potential Bullish impulse upwards, to $11,700 - Timeframe 12dHey guys, I'd like to present a potential bullish idea for BTC for the next two weeks. You can find a summary below:
4hr timeframe - potential TK cross recross above the cloud here, the strongest bullish TK signal out there and worth definitely keeping an eye out for.
This will allow us to break through the current resistance trendline and re-test the 0.618 fib level.
Pairing this up with Fib timezones, you can see it lines up nicely with the cloud future. I have a suspicion that we may retrace a little bit until the next fib timezone in approximately 12 days time, where at this point we will find a bullish impulse to complete the edge-to-edge trade on the daily timefame.
Daily timeframe - Potential bullish TK cross inbound within the cloud, the bullish TK cross recross on the 4hr timeframe could act as a catalyst for this.
2d timeframe - the next fib timezone level matches up with the Kumo twist within the 2d timeframe, potentially offering us an access point to close above the cloud.