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TDI

ZEC weekly log scale SharkUsually when measuring the retracements for potential harmonics we use the Linear Fibonacci scale but i think it might be acceptable to use the FIB tool adjusted for log scale in certain instances and this is one of them. Pay no mind to the numbers auto generated by the Cypher tool as those numbers are only Linear scale retracements and the tool doesn't have a log scale adjusted option like the FIB tool does. For those who would like to check the measurements themselves I have color coded each individual set of waves: XA-B retrace in Orange AB extension to C in Blue BC extension to D in Green X to C retrace to D in Black. I have also marked the PCZ of the shark in the Blue Box if pattern is valid we will see a reversal between the 886 and 1.13 retracements. Price-wsie that's between 37-15 dollars Yea i know, that's a huge zone of reversal but that's the nature of a Shark pattern. because of how big the reversal zone is it is too early to plot fib targets for the pattern for i currently don't have a definite price to fib from yet but something i can say is no matter where it reverses in this zone even a 0.382 and 0.50 retrace would yield a 100-200% move. Alternatively I have also spotted a broadening and descending wedge marked in the green trendlines and are currently showing TDI-RSI bullish divergence from the lows back in December and February to our current lows a breakout of the wedge on it's own gives us a measure move back to around 300 if we're being conservative. ZEC has never been my favorite coin but based off the technicals presented here i find no harm in trying to own atleast a few of them then forgetting about them to see how this pattern plays out.
POLONIEX:ZECUSDLong
by RizeSenpai
1
BTCUSD ANALYSIS - CURRENTLY SHORTTECHNICALS: Currently, BTC has completed a Peak Formation High (PFH) with an M pattern and has progressed down to confirm a Level 1 position. There is a high probability for a good SHORT down towards the MAYO (200 EMA) as well as most likely PIN the BLUEBERRY (800 EMA) before forming a Peak Formation Low (PFL) with a W pattern. Once it forms the W pattern, we can then LONG it upwards to the next major PFH which would be at around the $11,673 USD Zone. TDI Indicator also gives me confirmation of these moves, as currently, RSI is outside the LOWER TDI Band at approx 52.65 RSI (At time of writing). It initially looked as if it would form a Shark Fin outside the water, but now there is a very high probability that it will continue downwards to make another cycle on the TDI, possibly to the 40 RSI range or thereabouts, before making another Bullish move upwards to the next peak. FUNDAMENTALS: BTC is seeing continued growth and adoption as well as many mining rigs have now been turned on again after the market price rose above the $6,000+ mark. Adoption of bitcoin continues, not only in the crypto marketplace but also in other sectors including commerce. There is no doubt that we are out of the crypto winter (bearish trend), and we are now at the initial stages of a bullish trend. ########### DISCLAIMER: These are my analysis, my opinion, I give no guarantees and I'm not responsible for any losses that you may occur if you trade this, whether you buy crypto or trade it in the CFD market. If you want to trade this chart, do your own analysis and make sure you have a good money management plan in place. If you want to learn more about trading, here is a good place to start: babypips dot com I generally post my own analysis in BTMM format, although I am proficient in Crypto Patterns, Gartleys, Butterflies, Pattern Trading, Elliott Wave Trading, Pitchfork, Trendline, VSA and Price Action trading, for which I may from time to time post additional analysis including some of these other methods. I don't answer to bullies, trolls or charlatans. If you want to genuinely debate me, post a proper analysis, but don't post a blank chart with words or claim you are a 'WE' and have some magical algorithm or secret, I will not waste my valuable time to answer you. I'm posting this chart here for my own personal record and to share with those that may appreciate it, with the hope that it can help someone better their life. ###########
BITSTAMP:BTCUSDShort
by UnknownUnicorn4938033
GBP weakness hello everybody! First trade pair I ever send publicly on Tradingview.com! What we are seeing on GBPAUD is that all GBP pairs are showing weakness though-out the board. 6 days we had a start of a new cycle and that has finished today with that 3rd aggresive push off news. Today we are seeing a good divergence and RSI below market baseline (Grey line in my tdi) that also shows us a Head and shoulders formation. Im riding this for a good 100 pip TP with a 30 pip SL so a 1:3 ish risk to reward is always ideal. Hope you enjoy!
Short
by MeltzCarlos