We are approaching thin cloud resistance (not a kumo twist however) on or around 3/11/15 based on the 2D OKCoin chart. Likely levels of support and resistance are shown based on cloud levels and fibs. Based on confluence of the cloud levels (which are essentially fibs in and of themselves) and fibs, 2200 - 2280 yuan or $354.35 - 367.23 usd would be my most likely...
Cloud has had a great day on the 15 if you've placed your asks at the flat kumo. Best chance for break up coming soon due to thin cloud resistance.
Although weekly shows a possible inverted H+S forming, the Daily appears to show pretty clear H+S. Edit: This is not a reversal pattern as that occurs with an H+S develops in a bullish trend, this occurred in a bear trend. Thanks for the reminder @MoonTrader.
Long term outlook for possible inverse H+S forming on bitfinex. A kijun bounce is also nicely displayed when we touched 470. This suggests ~$395 by 1/11/15. Update 1/28/15:
Video here: youtu.be Entry as price pierces cloud. Price target 3500
First Bullish Kumo twist after long bear trend. The flat bottom of the cloud will attract price. Bearish cloud forming may indicate another bear trend after small uptrend. Other events which may have bullish sentiment: 11/28/14 Black Friday 12/01/14 Cyber Monday 12/04/14 50k btc auction