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Heffaeclouds

BTC Decision time! Heffae Clouds Daily & 3Day meta-analysis I believe the time is near for BTC to make a substantial move. The current price level has broken to the underside of longer-timeframe Support & Resistance levels as shown by the Heffae Clouds indicator. The chart you see uses 1Hour candles to show the granular interaction with 1Day and 3Day clouds. There has been a lot of chop in these areas, against the longer term trendlines. Firstly, a break from inside the cloud body to the underside of the cloud is a bearish signal. Currently, things are looking like a short on BTC is the play using this logic: however: The continued grind against these resistance levels has been going on for what seems like forever (for a crypto market!) and there is the notion that the longer resistance levels are tested, the more likely they are to be broken. What we could be seeing is a massive accumulation play that's had the price pushed lower at every potential break-out level in order to force selling & filing accumulator's bags. Since the volatility is low, and the "triangle" is seen by many traders as a key break-up or break-down level, all it will take is a small push to send it flying in either direction. Support levels on the 8Hour and 4Hour clouds: Get ready for 20% days, folks! I am short on cloud bottom rejections, and long on cloud bottom violation/re-test events. It's a little choppy, but with limits set in either direction, the position will be in the right place prior to said breakout. Cannot go wrong this way, and by looking at the almost magnetic-like grind BTC has at these resistance levels, you can usually limit in and out at a gain if played correctly. I will try to update this as price action follows! Currently we have fallen out and re-tested Cloud bottom, so that's a short from $6550
BITFINEX:BTCUSD
by SNOW_CITY
ETH/USD finds resistance top of 4Hr Cloud; 6Hr HeffaeClouds+QRsiTh last ETH move was strong and fought it's way past every intracloud support, but only after first rejecting from that same path and finding it's way through at lower levels. The 4Hr cloud again proves to be one of the most powerful timeframes, the ideal balance between big-picture 8H and Daily, but reducing a lot of the noise seen on :15 and :30 min TimeFrames. One of my favorite charting techniques with HeffaeClouds is to use the :30min overlaid with the 4Hr, or any split of timeframes that helps give construct to a trend / rally / dump. Once again, I believe that the latest hit on the 4Hour cloud top will be met with a pullback to lower levels before an attempt to break this resistance can be considered. There are several signals supporting this, namely the 4Hour QuantRsi indicator showing a clear-as-day bear div: And the 8Hour showing very, very strong horizontal resistance at this level: Remember, the time to get bullish is not at the excursion of a particular move, it is during the regrouping and how it interacts with supports. This entire move up, ETH has had extremely bullish continuation only after finding supports on the same path it just broke through. Using this same logic we can estimate levels that a pullback from here will stop - It's all in the cloud. Lets further rationalize this resistance level by looking at the 6Hour: Use the cloud shapes and interaction with paths on shorter timeframes - watch the :15 and :30 min while the retracement is in progress for a flip to support - OR spread bids along the 4Hour cloud paths that I've circled. I believe ETH will have some continuation, but the bear div on RSI, tops on 4Hr,6Hr, is ominous!
BITFINEX:ETHUSD
by SNOW_CITY
ETHUSD, expecting range play (consolidation) levels on 1HAfter catching the (very) bottom placing bids near the RealTime Subtractive (orange flat line), the 1H cloud is now acting as resistance for ETH. I expect this range to play out similar to the last break-down from the 1Hour cloud. I believe ETH will wick through 1H cloud body, finding support on RealTime, and then consolidation upwards with peaks towards 212 or perhaps slightly above. The Hourly is proving to be a very valid timeframe to watch for ETH, so break-ups and tests on support should be played on this timeframe to improve the odds of being on the winning side of a trade during the range play over next weeks.
BITFINEX:ETHUSD
by SNOW_CITY
BTCUSD wicked resistance; 4Hr and 3Day paths battle HeffaeClouds4Hour Cloud with 3Day Cloud overlay (3Day is purple-ish cloud) Both show a declining cloud shape with bottoms around 6300. The prior bullish signal on the 4Hr has been invalidated, 4Hr path now acting as resistance. The price now ($6430) is a major area of contention between paths. The 2Day path has also shown a wick through cloud bottom and will continue to act as resistance. Time will tell how price interacts with these paths. In the mean time, ETH interactions are coming up on longer TimeFrames and I should be able to post some analysis as ETH goes on CloudWatch!
BITFINEX:BTCUSDShort
by SNOW_CITY
TSLA Short; Weekly Close under Heffae Clouds - MTF Analysis TSLA is closing underneath the Weekly Cloud bottom for the first time since inception. I believe this means more than consolidation, as the path-fitting has given extremely valid signals on bottoms running up the Monthly so far. This is an extremely strong signal given the prior path validity and being a longer time frame in agreement with repeated signals from shorter timeframes on Heffae Clouds. The Monthly provides a target for closing short at 217: Hybrid Timeframe is showing resistance at 285. Ideal Entry: 295-300 Target: 218
NASDAQ:TSLAShort
by SNOW_CITY
1
3Day interaction, First time since March 5th - Heffae Clouds The next 3Day candle will start to paint inside the 3Day cloud if price stays above $7009. The last time we had a 3Day interaction was early March, where there was path-fitting up the cloud body and then a dive from $9900 to $6700 after price broke out of the cloud. What signifigance the 3Day has on price for the upcoming interaction, I am not completely sure, however I do think that the 3Day has a massive influence on the price, perhaps even without direct interactions. Look at how the price follows the 3Day paths even w/o interaction, as if the price is a puppet on strings. My running theory is that we will see the same kind of candlewhip that prior 3Day had, with a run up to 8246, and then a subsequent path following and break down out of cloud.
BITFINEX:BTCUSD
by SNOW_CITY
1
BTC predictive SnR cloud; adaptive paths, SQUEEZE APPROACHING!!Drawing the CloudOSC path onto the price chart and attempting to scale it accurately for an interesting comparison on how the path-fitting function works with Qrsi and predictive Relative SnR clouds are drawn similar to Heffae's clouds. When the 1D CloudOSC indicator path is transposed onto the 1D Heffae Cloud chart, the Price Cloud forms the top resistance path, while the CloudOSC draws a lower support path. Since both of these paths show validity during this move and in prior interactions, It suggests that the CloudOSC may provide some valuable information that Heffae Cloud is unable to display. Both paths "squeeze" and then diverge around the same time Daily cloud has a twist. I think the CloudOSC + Heffae Cloud will act as upper and lower support/resistance (SnR) paths, keeping the price somewhat sideways until, eventually, price breaks one way or another. If price manages to find support above the squeeze zone (within the daily cloud bottom), and then confirm on shorter TimeFrames, taking a long on these conditions would seem appropriate; but due to the twist & the bearish divot in the CloudOSC path, risk-reward for a long is very poor at this time. Leaving limit sell orders in at the resistance levels 7444 and 7550 (daily) is sure to bring successful scalp trades, even if the price eventually continues beyond these leves due to the pullbacks that happen at major cloud resistance levels. I do believe that whatever trend emerges from this zone will be a strong & long trend. The daily cloud is a major obstacle for price to get through, so whichever side price finds SnR on is the direction price trend will go. Rough idea of how I am thinking this Daily cloud will influence price: There is also the 3Day cloud to contend with: Note: CloudOSC isn't available yet.
BITFINEX:BTCUSD
by SNOW_CITY
1
Mixed Strategy, Short from 7386, searching for long entryThe New Heffae Clouds update is out! Anyone who hasn't gotten trial access yet needs to do so quick, as subscription will become necessary after the 15th. TooLong;Didn'tRead = Facing a pullback at these levels. Candlewicks on the 1Day and 2Day cloud hit strong path resistance markers on the dot, big time resistance and there are multiple timeframe conformations of this. Limit sells placed on the 1Day and 2Day cloud paths would have been filled and you'd be a 10-fingered knife catcher. ^^^ nice fitting ^^^ The 2Day cloud top may act as strong resistance, as it's levels match up cleanly with the 1Day intercloud levels. BULLISH: Pending confirmations on paths when we fall back down to 7K: 2 Day cloud and longer timeframes reveal the recent patterns of bottoms is oversold and extended; even though we are facing massive resistance, there are too many path indications of a rally up to 11K over the next 6 weeks to ignore. BEAR CHART: Daily cloud bottom and the 2Day RealTime additive match up at around 7K. I think that bounce potential is pretty high around 6.7 - 7K, with Daily or 2Day closes above the RealTime. This is analysis using the 2Day and 1Day clouds, as well as the unreleased *experimental* Cloud OSC, or PQRsi ( P ath fitting Q uantized R elative S trength I ndex) The last Idea I published, "Squeeze approaching" was short-lived and price broke to the upside. This tells me that the PQRsi support path was actually stronger than the 1Day cloud bottom (should have assumed that since 1Day cloud bottom had been violated several times on the recent run up!) Even though there are some devastatingly clear resistance markers here, and this area makes a very good Risk/Reward short entry by the narrative on many timeframes, there are some longer TimeFrame signals and correlations that make me think this rally is FAR FROM OVER We have had a really noticeable path-verification candlewick on the Daily cloud touching a fairly important intercloud line (you can see that this particular path was validated during the last interaction, so the strength of this path is very very high!) At this point, I will be seeking short entries on all wicks up to current resistance levels on the clouds, with the intention to change long once supports (probably RealTime supports!) are validated.
BITFINEX:BTCUSD
by SNOW_CITY
2
Current short-term signals Up-Trend rally continues, Long TF ???The first signs of a pending turnaround from the selling starting at 7.1K-6.8 are rolling in the 30Min cloud. There were conformations on the Daily RealTime SnR as well as the CloudOSC showing a possible path-fitting between the QRSI and the Cloud OSC. Opportunities to get into a starter position on the candle-whips around 8650 are met with some early conformations that this one might be worth adding to a position or staying long until we interact with the Daily Cloud. Of course, as with all Heffae Cloud based TA, this trade and TA depend on the RealTime supports and resistances for several prominent time-frames (different with every asset, but bitcoin + others like 3H,4H,6H,8H,1D) giving the right signals. The Idea with Heffae Clouds is to trade around the chop, and this works wonderfully when several timeframes align with interactions. When there fewer interactions, the indicator requires a slightly different interpretation.
BITFINEX:BTCUSD
by SNOW_CITY
Rally loosing steam, nearby supports weakening and big gap downBitcoin Rally looks to be loosing momentum, The last bounce off Cloud support (3Hour) is lacking follow-through, and I don't think that we can afford consolidation at these levels for very long without the weak supports failing and price looking for bulls at 6350-6450. We could see another, longer consolidation period at 6000-6400 until interacting with the daily cloud... I think there will be one more opportunity for a run up, but daily cloud resistance is too strong right now to allow 6600-6800+ prices to hold without another leg down. Unfortunately , another re-test of 8H cloud bottom would put price deep into 4H cloud, and completely underneath 3H cloud, meaning that the resistance to come back up for another rally will be much higher than it was in prior 8Hour cloud bottom bounces. Like I said in a previous idea, the chance for price to break through the Daily Cloud bottom from underneath in a situation like this is so extremely unlikely that it's almost a no-brainer to set sells up along the daily cloud bottom and build a short position from the top of every daily candle that tries to push through.
BITFINEX:BTCUSDShort
by SNOW_CITY
Rally flips back to bullish side, 6H Cloud, limit out -flat 4nowThe last tap on 8Hour cloud didn't follow through with closes underneath Real-time, which tells me there is still bullish fuel left in the tank. It may be sputtering, but if there is just enough to get through the 6Hour and the 8Hour cloud tops, we will see a major refueling and continuation of the rally up. Using limit orders to close shorts flat for now, will re-open shorts if we break back under RealTime supports, but I will be longing if we get above 8H cloud top.
BITFINEX:BTCUSD
by SNOW_CITY
Gold; a look at 4Hr Heffae Cloud Path-Fitting - RealTime TALooking at Gold's recent interaction with 4H Heffae Cloud, it looks to be strongly path-fitting within the tight bounds of the cloud body. This is a nice looking formation, and gives a lot of validity for the 4Hr paths above and below price for the next interaction. I believe the local bottom will materlize at the same level as cloud twist, with price finding support on top of the cloud "cup" prior to the twist. After this, it may continue for another leg down, as longer timeframes look extremely bearish.
TVC:GOLD
by SNOW_CITY
Bull-trap finale, one final rally - Heffae Cloud Meta-AnalysisThe 8 Hour intracloud path has had a really high number of interactions in the last couple of days. This has proven to be an extremely pivotal path, price was only able to cross when path decline lowered the resistance level in to orderbook liquidity, and price kind of "squeezed" through. The Real-Time Low (8h) also "happened" to be at exactly the same level as the predictive intracloud path. This is probably the only reason price was able to push through, if price had to encounter both resistance levels individually, it would have been difficulty squared. This trick shot has afforded price the oppertunity to explore a very bullish channel, with a twist on the daily cloud, strong support on the 4H, and the 8H cloud top resistance level will have declined due to cloud shape and time. I'm long! I'm in Alts! I'm ready to close all positions at a moments notice if we close a SINGLE 1h candle back underneath that intracloud path! I really do think we get a rally here.... but this rally will have a fuze. Like the Heffae Crypto Rap verse, "Bull-Trap Finale, One Final Rally". - soundcloud.com Here are some screen grabs and narrative. Use them as a guide on how to approach cloud interactions! s3.amazonaws.com This chart is 1Hour candles with the 8Hour cloud. Looking at the candle structure, it seems to just blow past the predictive intracloud path.... Have a look below, but then see the 5min chart underneath - This is the 5minute chart for 8/22 - 16:00 UTC, zoomed in on the area where the the above chart had the same timestamp noted. The Above chart was a 1Hour, and the candle structure, open / close levels, wick interactions did not give any indication that the price was respecting that path at all. Now, looking at the shorter TF candles, it's clear that the price dropped straight through without a fight on the support side, and then immediately tested as resistance before continuing down! s3.amazonaws.com The "TMI" chart.... and Finally, most current with 4H and 8H clouds.
BITFINEX:BTCUSDLong
by SNOW_CITY
4