ETH/USD : Tenkan sen – Kijun sen cross

3 things to watch out for ETH/USD.

The consolidation started around June after the steep drop in May.

Currently, ETH/USD shows signs of consolidation and we can see:

1.Tenkan sen crossing the Kijun sen; suggesting that it may be poised to go higher

2. Immediate resistance can be seen from the leading kumo. However, the kumo is flattening; again suggesting that price is consolidating.

3. With the kumo thinning out towards August, it suggest a possible kumo breakout by August above 2856.

By iam802

Trend trading with Ichimoku