DrDovetail

DrDovetail Updated 

In order to reach the full inverse head and shoulder breakout target, NEAR will have to send price action well above the top trendline of this turquoise symmetrical triangle, in the process likely validating the breakout of that pattern too. *not financial advice*

DrDovetail

Once price action wakes up the sleepy head pattern it can rise to $4.60 which is like a 10% gain from here if it were to hit the full breakout target. *not financial advice*

DrDovetail

We can see after triggering the breakout of the smaller inverse head and shoulders and blowing past that target arbitrum has reached the perfect level that will cause this new inverse head and shoulders to materialize by correcting here and forming a right shoulder. We can also see that Arbitrum is just 1 day away from having it’s daily golden cross and...

DrDovetail

By correcting here after dash’s big golden cross vertical slingshot in price action it is in the perfect zone to form a right shoulder to a newly materializing inverse head and shoulders pattern. The common theme for many inverse head and shoulders patterns this alt season has been very tiny right shoulders so there’s a decent chance it breaks above the neckline...

DrDovetail Updated 

I’m starting to think my hypothesis has been proven at this point as yet another alt coin has its massive breakout pump on the exact same day pill candle it has its golden cross on. Dash now joins the countless other alt coins who have also broken up from the chart patterns with a big pum the day fo their golden cross. *not financial advice*

DrDovetail

Zcash appears to be forming a special inverse head and shoulders pattern I like to refer to as the sweet dreams or sleepy head inverse head and shoulders as the trendline you draw to highlight the head and shoulders take on a smile face with its eyelids closed. I anticipate even though I already drew the hypothetical length of the right shoulder fairly s that...

DrDovetail

Goldencross just occurred and so far fetch is responding with a green candle. It has been slowly climbing up its inverse head and shoulder measured move line but we could see it do something similar here to how Render reacted recently. I expect price to hit both of these targets in the near future *Not financial advice*

DrDovetail

Goldencross just occurred and so far fetch is responding with a green candle. It has been slowly climbing up its inverse head and shoulder measured move line but we could see it do something similar here to how Render reacted recently. I expect price to hit both of these targets in the near future *Not financial advice*

DrDovetail

200k by May?! The measured move target is over 200k and the trajectory of the ensured move line suggests that it could even potentially reach this target in the first half of 2025. A very exciting notion let’s hope it can and will. I do expect one steep corrections on the way to this target. *not financial advice*

DrDovetail Updated 

I placed the measured move line arbitrarily where price action would usually tend to break up from the handle of a cup of this size, if it does validate a breakout anywhere near there the target should be around $4.32. If bitcoin is cleared for takeoff soon and resumes the uptrend/bull market there’s a chance SUI could break out of this cup and handle pattern...

DrDovetail

Storj looks very close to completing the right shoulder of this inverse head and shoulders pattern here. 74% gains off one pattern s nothing to sneeze at. *not financial advice*

DrDovetail

In a very similar inverse head and shoulders that digibyte jsut successfully broke out of with the same kind of little right shoulder. For now there’s been no confirmation of a breakout or even solidified support on the neckline just yet so price could easily dip back below the neckline here, however considering the golden cross has occurred it wouldn’t surprise...

DrDovetail

This project known as Constellation with the ticker DAG has seen quite a bullish pulse lately with its golden cross, it now has et some resistance on both the double bottom neckline and the cup and handle rimline but I wouldn’t be surprised if it overcomes that resistance in the near future. *not financial advice*

DrDovetail

CRV easily could just keep going parabolically vertical here but this would also be a very nice place to catch its breath and attempt to complete the right shoulder to an inv h&s pattern. Just in case I will be watching this trendline to see if it can break above it in the next few candles or not *not financial advice*

DrDovetail Updated 

Digibyte shown here on the daily chart showing a nice bullish impulse firmly above the neckline of its inverse head and shoulders pattern. Already well on the way to the breakout target here so very likely validating the breakout. Also doing so a day or so before it has its golden cross. Once it reaches the full breakout target it’s likely to test the next...

DrDovetail

I’m hoping the right shoulder quant is now forming here by retracing after reaching that top purple horizontal line, will be a very short shoulder with help from it’s recent golden cross and hopefully the support from the top trendline of the yellow channel that quant just recently broke above. Usually a right shoulder would last for a much longer period of time...

DrDovetail Updated 

Currently after yesterday’s fantastic green pump candle on Link, the new daily candle s currently red as link takes a quick breather. Now this could only last a very short time but if t lasts for a few daily candles, that will be enough to qualify the current correction as a right shoulder to what will then be this newly formed inverse head and shoulders pattern....

DrDovetail

Here we see Root network should have a golden cross in a few days and is currently correcting a slight bit which is in the process forming a right shoulder to this inverse head and shoulders pattern. Fro this level alone, were Root network to hit the inverse head and shoulders breakout target it would be a 103% gain or so, however odds are good it dips a slight...