DrDovetail

DrDovetail

This channel is a little sneaky as the majority of the key touches on the top trendline happened earl on in the beginning of the channel, the 3rd resistance of the top trendline of the channel is much more visible on the 4hr chart but I wanted to show it on the 1day chart to see the entire channel in the frame more easily. Rising channels breaking upward are...

DrDovetail

The triangle breakout target(dotted pink line) and the inverse head and shoulder target (dotted grey line). The speculation that Trump would do away with capital gains taxes on US cryptos may be fueling the current momentum. *not financial advice*

DrDovetail

If we went just by the triangle portion of the pennant breakout target, that can take ethereum to 20k. This is potentially a possible target that can be hit during the current bullrun, the second higher target in the 200 thousands is for the entire pennants breakout target. Seems way less likely we can hit that target this bull run but is perhaps not improbable to...

DrDovetail

PEPEUSD appears to be breaking up from its inverse head and shoulder target.

DrDovetail

It needs to flip the 1 day 200ma(in blue) to solid suppport before it can hit the full breakout target in my opinion. Canary Capital just submitted for an HBAR ETF so that is very likely helping bulllish momentum. *not financial advice*

DrDovetail

Even though this already now has a sizable candle breaching the neckline of this inv h&s pattern, we must remember that even bigger breaks above invh&snecklines in the past have still found a way to dip back below the neckline, and this candle currently has a decent top wick goin on it as XRP often likes to pull after a pump, so we haven’t validated the breakout...

DrDovetail

Even though this already now has a sizable candle breaching the neckline of this inv h&s pattern, we must remember that even bigger breaks above invh&snecklines in the past have still found a way to dip back below the neckline, and this candle currently has a decent top wick goin on it as XRP often likes to pull after a pump, so we haven’t validated the breakout...

DrDovetail

Previous inverse head and shoulders target on APTUSD has just been hit. Upon reaching that breakout target, it formed another invh&s neckline and also broke generously above it as well in the journey. I will add a link to the previous invh&s chart below. *not financial advice*

DrDovetail

The target for the double bottom/channel is .1439 and the inv h&s target is slightly lower than that. I call this a Siamese inverse head and shoulders because it sort of has 2 heads in between the shoulders. Golden cross appears to be just.a few candles away . *not financial advice*

DrDovetail

Price action has now finished the handle on the total2 charts cup and handle as well as closed a Daly candle above it. Now we need to close a weekly candle above it and make sure we’ve flipped the rimline to solidified support so we can trigger and validate the breakout. If so the measured move line takes price to a target of 1.99 trillion! The journey to that...

DrDovetail

Price action is now knocking on the door of 3 trillion for the total crypto market cap. We can see also that now that price action is reasonably above the rimline of this massive cup and handle pattern, and has also closed a weekly candle above it now as well, that we are likely to soon validate the breakout of this pattern and star climbing towards its breakout...

DrDovetail

Can’t recall whether or not I’ve ever posted a tesla chart on here. The inverse head and shoulders pattern is pretty textbook here, and with Elon’s involvement with the new administration I can only assume Tesla will only continue to experience success in reading the probability of this pattern reaching its full breakout target. *not financial advice*

DrDovetail

No guarantee this will be the breach that confirms the breakout, but with the current momentum in the overall market there is a decent probability it could be. Either way definitely a bullish development for Mana *not financiall advice*

DrDovetail

Sheba is blasting off so quick by the time I got around to posting a chart about it t’s already 3/4ths of the way to the breakout target. *not financial advice*

DrDovetail

I have placed the measured move/breakout target line rather arbitrarily here. It wouldn’t surprise me if price action had a pullback or correction to reset some of the indicators before actually breaking above the neckline in which case the measured move breakout line(dotted line) would most likely need to be readjusted lower than where I’ve arbitrarily placed it...

DrDovetail

So many alts breaking out of bullish patterns right now and XDC seems to be one of them as well. Need to flip the 20ma (in blue) to olidified support first though of course. * not financial advice*

DrDovetail

Now that the falling wedge breakout target for DOGE has off cal been hit, this inverse head and shoulders pattern is the next in line to reach its target around 28 cents. Pullbacks along the way to the target are always possible since we just hit another patterns full target. *not financial advice*

DrDovetail

Target is around 63 cents. Although I do believe it will eventually go higher and retest the green horizontal trendline above that too. *not financial advice*