BTC ENTERING GREEN DAILY Granular Ichi Heffae Clouds BIG MOVE^^^
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BTC is entering the first green cloud of 2018. Many indications of a big move coming soon. A large number of crypto assets are also encountering the same twist on the daily. This is a pivotal time for the entire cryptomarketcap!
Heffae Clouds, is a granular indicator that draws predictive clouds, or paths that the price may follow with realtime and predictive paths. It is similar to ichimoku, but the big difference between Heffae's clouds and Ichi is the path-fitting formula.
Ichimoku is a very simple indicator that was developed in order to calculate with pen and paper back in 1969.
Heffae clouds has over 250 lines of code and uses complex arithmetic that requires heavy computation.
The vision of the Ichimoku is alive more than ever with Heffae clouds, Heffae Clouds is essentially "Ichimoku Modernized" with elegant formulas that fit paths based on the past behaviour of the asset, Instead of a high/low average over a period of time (ichi default 9 candles). Heffae's functions are complex yet elegant and simple in implementation, this indicator is not over-complicated or noisy.
The daily is looking strong after a solid bounce from support on 5/18 and survival of the dark red color slice between 5/19 and 5/20
The next color on the cloud is a gray/green (very slight green hue to the gray color, grey/red has a slightly red hue) , which indicates a weakening of the cloud's path-fitting. Price is more likely to violate the Support/Resistance lines when the color goes grey. This could be up or down.
The grey change also indicates the location of a cloud twist. the twist of the daily to a green cloud is the first green cloud since january 2018, and the price interacting with a daily green cloud is a first for 2018. This is a big deal, a pivotal point in the market.
Support density has increased by the intercloud lines merging along the bottom of cloud.
A twist when price is within the cloud:
If price within the cloud, price can find SnR within cloud. Price usually needs to first emerge and then retest the broken cloud support to confirm.
Look to other time frames for indications of a direction when price is within the cloud.
There are bearish signs from the 8Hour looming cloud:
https://www.tradingview.com/x/GO91JyL5/
However this does not mean price is going down. 8Hr shows an immediate resistance of 9000 and decreasing as time goes on. by the 23rd, cloud resistances are 8600 (fast) and 8760 (low). The 8Hr cloud also has a color change to grey,m meaning that it would be easier to break up through the cloud in this area.
Happy trading!
Heffae Clouds, is a granular indicator that draws predictive clouds, or paths that the price may follow with realtime and predictive paths. It is similar to ichimoku, but the big difference between Heffae's clouds and Ichi is the path-fitting formula.
Ichimoku is a very simple indicator that was developed in order to calculate with pen and paper back in 1969.
Heffae clouds has over 250 lines of code and uses complex arithmetic that requires heavy computation.
The vision of the Ichimoku is alive more than ever with Heffae clouds, Heffae Clouds is essentially "Ichimoku Modernized" with elegant formulas that fit paths based on the past behaviour of the asset, Instead of a high/low average over a period of time (ichi default 9 candles). Heffae's functions are complex yet elegant and simple in implementation, this indicator is not over-complicated or noisy.
The daily is looking strong after a solid bounce from support on 5/18 and survival of the dark red color slice between 5/19 and 5/20
The next color on the cloud is a gray/green (very slight green hue to the gray color, grey/red has a slightly red hue) , which indicates a weakening of the cloud's path-fitting. Price is more likely to violate the Support/Resistance lines when the color goes grey. This could be up or down.
The grey change also indicates the location of a cloud twist. the twist of the daily to a green cloud is the first green cloud since january 2018, and the price interacting with a daily green cloud is a first for 2018. This is a big deal, a pivotal point in the market.
Support density has increased by the intercloud lines merging along the bottom of cloud.
A twist when price is within the cloud:
If price within the cloud, price can find SnR within cloud. Price usually needs to first emerge and then retest the broken cloud support to confirm.
Look to other time frames for indications of a direction when price is within the cloud.
There are bearish signs from the 8Hour looming cloud:
https://www.tradingview.com/x/GO91JyL5/
However this does not mean price is going down. 8Hr shows an immediate resistance of 9000 and decreasing as time goes on. by the 23rd, cloud resistances are 8600 (fast) and 8760 (low). The 8Hr cloud also has a color change to grey,m meaning that it would be easier to break up through the cloud in this area.
Happy trading!
Nota
Link to indicator:
SNOW_CITY public chat room - Indicator Q&A
tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R
tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R
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