The 8H and Daily charts show the Realtime+Cloud providing support at levels shown in the chart. These will be good levels to look for candles closing above the support lines. If candles closing below the support lines, the paths are violated and the support no longer holds. The 3D chart shows a upcoming bearish path that could make lower lows than seen...
Current Daily candle has opened outside of the Daily cloud. Note the consolidation fitting perfectly within the Daily cloud range. The color change to light pink also indicates that the cloud's influence is less, and a departure from the cloud's Path-Fitting is more likely. I would rate this signal as a 70% certainty of upward move. There is a possibility of...
BTC is at the bottom of the 4H cloud, and the daily candle will violate support on Daily cloud if it closes below 9030. If daily closes under the cloud top, the next Daily cloud support is 8130 and falling.
Building on last published idea, the Cloud Departure is a clear long signal. Currently, the price is still path-fitting the daily cloud, and now is finding support on the cloud top. This would not be cause for concern, however the cloud's color change points to a high probability that the price will "violate" the path-fitting of the cloud, either departing up...
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...
Price wicking towards 4H realtime HIGH which may act as support if uptrend is continued. 12H cloud showed a short / take-profit signal (published the idea) yesterday based on the cloud path. The current candle shows this path is currently being followed, however prior 12H cloud fitting shows that it is often followed for a portion, and then supports on shorter...
Price is now interacting with 12H cloud; price may rapidly follow the contour down. Long position from the 4H/8H cloud signal closed.
Both 4H and 8H clouds were entered sideways indicating that the price would not be rejected by these clouds.
Looking at Bitfinex exchange using Heffæ's clouds compared to Ichi. Heffæ's clouds show more granular detail as well as improved accuracy.
My last video comparing the 2013-2014 Daily cloud to the current 3Day cloud showed a potential run up to the 13.6 range if the path stayed valid. It did not! Here is my current analysis and why I am sticking to the current Daily, as well as much shorter timeframe clouds for signals.
One of Heffæ's Clouds beta testers shared this with me, daily 2014 cloud interaction compared with current 3day.
More in-depth discussion and use examples of Heffæ's clouds as a follow-up to yesterday's video.
Quick rundown on how I read the Heffæ Cloud indicator.
Here I break down the trading process, and how to trade around the Penta-FRAMA Indicator that I wrote. There are a total of 5 FRAMA's at work under the hood, 3 of which turn into high and low on slower timeframes. (RED and GREEN) The ORANGE is on the slower time frame but is much faster at reacting to rapid price movements. The BLUE is a Tracking FRAMA which is...
Looking at the Fib speed resistance fan for XRP/BTC and it is following an extremely overbought bullish trend. It's difficult to do technical analysis on XRP due to how strong the fundamentals are driving price at this point, however the universe must adhere to the laws of mathematics, and therefore $hitcoins must also do the same. I am looking at shorting the...
This Fib Speed and resistance fan fits very nicely along the recent price movements. I believe this will act as a good guide of where to trade within consolidation ranges, as well as what levels to watch out for bearish breakouts if we have indeed completed wave 5.
50MA is down, price has broken downward out of consolidation triangle Looking to Clip tops on 4hr. Buys set $3,500-3,800
SEE MY COMMENTS FOR DESCRIPTION