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1daychart

the 2 biggest bull patterns to watchA giant symmetrical triangle on the 1 day chart with a target of 20k! Price action is currently above the top trendline of the triangle...and the triangle is likely not invalidated with the dip below it during the march crash likely being an outlier we can discard thus making the triangle still valid. Also in purple, we can see the inv h&s patterns breakout target is 17k and we have yet to hit that but have bounced up off the inv h&s neckline after retesting it and doing a breakdown fakeout. The key to hitting either of these targets however is to first solidify 12k as solid support though.
GEMINI:BTCUSDLong
by DrDovetail
2 potential H&S Patterns that could dump price to 9.6k whichever one of these head and shoulders patterns is mroe valid matters not as if either validates the breakdown target is essentiallly the same. If this occurs we will likely fill the 9.6k CME futures gap. I assume once the gap is filled things will be bought right back up and if it does breakdown this will simply be one last effort to liquidate all overleveraged longs. Dipping down to 9.6k will still just be a higher low as long as rebound shortly there after.
COINBASE:BTCUSD
by DrDovetail
LTCBTC at a key fulcrum point.ltcbtc at a key fulcrum point. Needs to maintain support on the one day 200ma to trigger the falling wedge breakout and maintain the golden cross...if it loses 1day 200ma support then it will likely trigger the double top breakdown which could send it into a deathcross. If it did flip back to deathcross, that deathcross could still be more of a deathcross fakeout as long as prive action were to have a huge rebound after the breakdown. So even if the double top were to occur that doesn't necessarily mean a sustained deathcross is a guarantee we could still just have a deathcross fakeout and flip right back into a golden cross shortly there after.
by DrDovetail
If 1day 200ma fails 4 potential targets= 8.5k, 8.3k,7927, & 7868Still a chance the 1 day 200ma may provide body support by the next 2 daily closes but in the meantime targets like filling the gap at 8.5k are veryr easonable...we also have the breakdown target from the descending purple channel around 8.3k if we were to go lower than these 2 the next target would be the golden pocket fibonacci retracement level at $7927 and finally just below that the blue rising wedges breakdown target at 7868. I will likely ladder in a little bit of buys each time we hit one of these price points. Not financial advice however you choose your own destiny. Only short if the 1 day 200ma is solidified as resistance here.
BITSTAMP:BTCUSDShort
by DrDovetail
1
Kraken DASHUSD chart eyeing goldencross by tomorrow! Target=$220Haven't checked dashusd on other exchanges yet for confluence but on the Kraken exchange it looks ready to blow! *not financial advice* . We see here a symmetrical triangle in an uptrend attached to a flag pole= bullish pennant. If it reaches the pennants breakout target we are looking at a target of around 200-220, if it only reaches the triangles target it will be considerably lower but with the inevitable impending golden cross I anticipate it will reach the full breakout target.
KRAKEN:DASHUSDLong
by DrDovetail