SNOW_CITY

Heffae's clouds 4H and 12H price predictions

BITFINEX:BTCUSD   比特幣
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 time-frames cause a reversal and violated the 12H path. Looking for a 12H close off the downtrend path for confirmation.

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