Having finally pushing solidly into the cloud on the 4-hour, with the first candle opening and completely closing in it yesterday evening (UTC+11), we find ourselves staying there comfortably for now... the cloud on the 4-hour chart is currently not a helpful predictor, as we could quite happily move around in the channel between $8k and $9500 literally for days without meeting support or resistance lines:
In the next 12 hours we will be meeting resistance at the $9k level... and within 24 hours I fully expect we will be back over $9k, VERY strongly signalling the Bull Run is Back On... or the cloud will push us back down to the $9500 level indicating that the Verdict is Still Out.
As always, Time will Tell All.
Happy Hunting, my Cryptonaut Collective!
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