This is an analysis of Heffae Clouds on 8H chart.
All the lines drawn on these charts have already been painted and do not change. This is the predictive cloud matrix without selection and shading.
Let's have a look at the inside in a way that I've never posted before.
This is the cloud without shading or selection. These all predictive paths (no realtime)
Look at Feb 13th and the beginning of march.
Look at the fluctuations in some of the paths:
The memory of price violations in these areas impacts the likelihood of future price having the oppertunity to break through, or be influenced otherwise.
March 20th price was still influenced but not able to break through this channel
April 12th price found a way sideways in through most of the predicted resistance. It took a large volume pump to overcome this area.
I believe this is the same force we are currently against.
The last price drop fell along the predictive resistance, as it did June 3rd-4th.
Now we have the June 25th fluctuation, which could be the last chance BTC has for a good while of building any kind of strength.
However, I see this as a very good opportunity to get a hedge / short entry for the choppy waters ahead.
Lastly:
All the lines drawn on these charts have already been painted and do not change. This is the predictive cloud matrix without selection and shading.
Let's have a look at the inside in a way that I've never posted before.
This is the cloud without shading or selection. These all predictive paths (no realtime)
Look at Feb 13th and the beginning of march.
Look at the fluctuations in some of the paths:
The memory of price violations in these areas impacts the likelihood of future price having the oppertunity to break through, or be influenced otherwise.
March 20th price was still influenced but not able to break through this channel
April 12th price found a way sideways in through most of the predicted resistance. It took a large volume pump to overcome this area.
I believe this is the same force we are currently against.
The last price drop fell along the predictive resistance, as it did June 3rd-4th.
Now we have the June 25th fluctuation, which could be the last chance BTC has for a good while of building any kind of strength.
However, I see this as a very good opportunity to get a hedge / short entry for the choppy waters ahead.
Lastly:
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Indicator access information
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Indicator access information
pastebin.com/v8sp6Y3R
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.