BTC Past, Present, and Future. Heffae Cloud Interactions
Historical and current Interactions; Heffae Clouds on Daily Timeframe
Heffae's clouds continues to surprise as an unconventional and insightful tool for technical analysis.
Knives caught and bottoms bought, Heffae's path finding and predictive interactivity are like a modern jet fighter vs the piston-engined indicators of yesteryear.
The learning curve is steeper than most other indicators, and like any indicator, the relevance is only as good as a trader's ability to interpret it. At first it may seem like hieroglyphs, but with a little time the powerful predictive path-fitting becomes clear. Heffae's Clouds a verbose script (over 130 lines of code) that uses a combination of adaptive path-finding curves and real-time trend levels that the price respects. The predictive cloud plots probabilistic interaction waves based off of prior price movements. There are two primary components; real-time and predictive clouds. Please watch the videos on my profile for an introduction and basic instructions.
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Heff Clouds has historically been very accurate on path-fitting Bitcoin's price movements on the daily cloud. Although Each timeframe offers unique insight, some timeframes are validated more than others. The timeframes that tend to have the greatest levels of validation are the Daily, 8 Hour, 4 Hour, 30Min, and 4Min timeframes.
See 12H Cloud notes and actions:
Further 12H cloud, showing relevance of inter-cloud line grouping :
Daily cloud comparison: 2013, 2017, and 2018:
Note 1: Look at similarities in the late 2013 Daily cloud interaction and the late 2017 12H cloud interaction :
Also, the dump to 3K mid-september found support on the Daily cloud bottom
Note 2 and Note 5: Cloud shows substantial resistance area, inter-cloud lines are also focused near bottom on 2014 chart. While price is interacting with the cloud, the color stays dark red. 2018 Line shows price within cloud, however it has found resistance with multiple candle closes directly on/under the inter-cloud lines.
Note 3 and Note 6: Inter-cloud lines have become more spaced out. Note 3 (2014 chart) shows that the price respects the cloud right up until the cloud has a color change to a lighter hue of pink. This color change can be indicative of a cloud violation, I.E. the price will move through cloud support or resistance.
Current signals:
The current daily chart shows inter-cloud lines consolidating near the bottom (just past Note 6), which may indicate heavier resistance. However, there is also a color change to lighter pink near the end of April. This could very well predict a daily cloud violation, the first violation of daily Heffae's clouds that BTC has had since falling down in January. If the cloud does get violated, the prior cloud resistance lines will become support. If this does happen, the price will have very strong support for an upward move. There is a twist forming on the Daily Cloud around the 3rd week of May. These are all signs of a significant reversal.
Note 4:
And lastly, the bad news :/
2014 BTC had a bullish traversal of the Daily cloud, and then began interacting with the top of the newly sprouted green body. However, instead of sitting above this support, the price found it'self trapped just underneath the top of the cloud and unable to break upwards. The heavy memory of the dump within the predictive cloud was synonymous with market sentiment. The current market must stay above the daily cloud throughout May and June in order to continue growth.
Heffae's clouds continues to surprise as an unconventional and insightful tool for technical analysis.
Knives caught and bottoms bought, Heffae's path finding and predictive interactivity are like a modern jet fighter vs the piston-engined indicators of yesteryear.
The learning curve is steeper than most other indicators, and like any indicator, the relevance is only as good as a trader's ability to interpret it. At first it may seem like hieroglyphs, but with a little time the powerful predictive path-fitting becomes clear. Heffae's Clouds a verbose script (over 130 lines of code) that uses a combination of adaptive path-finding curves and real-time trend levels that the price respects. The predictive cloud plots probabilistic interaction waves based off of prior price movements. There are two primary components; real-time and predictive clouds. Please watch the videos on my profile for an introduction and basic instructions.
Request access for permission to use.
Heff Clouds has historically been very accurate on path-fitting Bitcoin's price movements on the daily cloud. Although Each timeframe offers unique insight, some timeframes are validated more than others. The timeframes that tend to have the greatest levels of validation are the Daily, 8 Hour, 4 Hour, 30Min, and 4Min timeframes.
See 12H Cloud notes and actions:
Note 1: Look at similarities in the late 2013 Daily cloud interaction and the late 2017 12H cloud interaction :
Note 2 and Note 5: Cloud shows substantial resistance area, inter-cloud lines are also focused near bottom on 2014 chart. While price is interacting with the cloud, the color stays dark red. 2018 Line shows price within cloud, however it has found resistance with multiple candle closes directly on/under the inter-cloud lines.
Note 3 and Note 6: Inter-cloud lines have become more spaced out. Note 3 (2014 chart) shows that the price respects the cloud right up until the cloud has a color change to a lighter hue of pink. This color change can be indicative of a cloud violation, I.E. the price will move through cloud support or resistance.
Current signals:
The current daily chart shows inter-cloud lines consolidating near the bottom (just past Note 6), which may indicate heavier resistance. However, there is also a color change to lighter pink near the end of April. This could very well predict a daily cloud violation, the first violation of daily Heffae's clouds that BTC has had since falling down in January. If the cloud does get violated, the prior cloud resistance lines will become support. If this does happen, the price will have very strong support for an upward move. There is a twist forming on the Daily Cloud around the 3rd week of May. These are all signs of a significant reversal.
Note 4:
And lastly, the bad news :/
2014 BTC had a bullish traversal of the Daily cloud, and then began interacting with the top of the newly sprouted green body. However, instead of sitting above this support, the price found it'self trapped just underneath the top of the cloud and unable to break upwards. The heavy memory of the dump within the predictive cloud was synonymous with market sentiment. The current market must stay above the daily cloud throughout May and June in order to continue growth.
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