- ETH broke solidly below both Tenkan and Kijun support last week but didn't quite make it down to the bottom of the cloud
- We did bounce here near the $114 area and climbed right back up to the Kijun where supply did its job....so far
- A daily close above this level could lead us to the Tenkan BUT something to watch is the angle of the Tekan is worrying as getting a bearish cross inside the cloud could signal us that lower prices are coming
- Breaking both these lines will lead us to the cloud top around $150
Thanks guys!