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...
Th 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....
4Hour 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...
EOS/USD has an opportunity for 4Hour cloud support to kick it up into another round of local highs. It's fitting some sexy paths, and is poised for another 20-25% continuation run every way I look at it. 4Hour: 3Day: Weekly: Current downtrend towards support: 1Hour: 2Hour: Anything timeframe over 1Hour says bounce incoming. Time to get long on...
The 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...