I have highlighted the three scenarios for BTC:
1. the green box, this box signifies a bullish case in which we make a 0.236 fib retrace to retest the breakout of the daily kijun and MA while also staying in the cloud. the custom set rsi is reaching my significance zone and needs a solid retrace to reset.
2. the yellow box, this signifies a typical retrace from a move heading towards the recognised ichi C-clamp and a retrace to the 0.5 fib.
3. the red box, this signifies a signal for a potential bearish case / breakdown of the long term trendline. This is reaching the 0.618 fib, if we break this we can expect more bearish consolidation or moves down.