DrDovetail

DrDovetail

SSIA. exact precision.

DrDovetail

Definitely one of the most bullish looking charts in crypto. Tezos still has lots of room to climb if I'm lucky enough to catch a pullback back towards the neckline at all I will definitely be jumping in much more than In currently already am. Not only has xtzbtc already had a true goldencross confirmation but it has now also triggered the breakout of both a...

DrDovetail

This is fantastic news for the bulls as we just achieved a higher high on the 1 day chart. I now expect us to go back down and fill the cme gap at 8.5k. If so I will be loading up on alts and btc in that range. I closed my 5x long at 10400 and am very happy with the results.

DrDovetail

probability favors a bullish breakout.

DrDovetail

SSIA.

DrDovetail Updated 

breaking up from a symmetrical triangle, a rising channel, and a cup and handle pattern simultaneously which can very potentially lead to tremendous upside.

DrDovetail

I love the symmetry of equal and opposite reactions and am a big fan of the newtonian physics because I see them play out all the time including in the charts...that's why I decided to place the projected breakdown target line at the same exact price as the projected breakout target to see if any confluence would appear and in doing so you can see the breakdown...

DrDovetail

I believe we still have a little more upside before the rising wedge breakdown occurs but do believe it will happen soon thereafter but will likely only lead to a higher low and then resume bull.

DrDovetail

Could see a dump back down to fill the gap at 8.5k in the next few weeks but even if that occurs it isn't likely to reverse the inevitable golden cross. I will be accumulating here but also holding a little capital to accumulate more should we fall to 8.5k as well.

DrDovetail

showing the chart for dashusd on bittrex to because unlike krakens it hasnt broken out of the pennant yet..also put a lower breakout target in case it only counts the triangle and not the the pennant and its around $175. On both exchanges however the golden cross should occur by the next daily candle so I'm, still very bullish

DrDovetail

Haven'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...

DrDovetail

If we break out bullishly here, it looks very bullish indeed, we have a couple horizontal resistances to overcome the current one at 9595, and the grey horizontal a few pips above that...the projected breakout target also requires we break above this turquoise horizontal as well and if we were to do that that would be a HUGE bullish sign BTCUSD will have achieved...

DrDovetail Updated 

XRPBTC breaking up with authority! Has now sent a wick above the 1 day 200ma...I will wait to see a 1 day close above the 200ma or bullish action taking price action multiple pips above the 200ma + a surge in bullish volume before I'm confident it won't be rejected by the 1 day 200(in blue)

DrDovetail

It looks like xrpusd price action is finally triggering its breakout from the inverse head and shoulder pattern after it spent the last couple weeks dancing above and below its neckline. It formed this white symmetrical triangle pattern and has broken up from it we are also finally inching above the descending white trendline of the monthly log chart triangle...

DrDovetail Updated 

lots of bullish pattern convergence happening on multiple timeframes here...the probability overwhelmingly favors at least a short term bull run here..but when it is this overwhelming we always have to consider a fakeout. Despite that I'm leaning long enough to mark this idea long even though a fakeout is very much still in the cards. Patience is key here. The...

DrDovetail Updated 

Alt season may finally be here! Looking at the 1 day chart on the Altcoin Market(total2), We can see the current trajectory of the golden cross has it happening on the 7th of february...however we are seeing a big surge in bullish momentum that could move the goldencross trajectory even sooner as price action has broken up out of the green falling wedge here and...

DrDovetail

Eth has a chance to break up from this weekly triangle pattern and climb to $800-$900 but it must first close a couple consecutive weekly candles above the 1week 50ma which is currently resistance.

DrDovetail Updated 

so far its staying above the neckline so that's a good sign. If it does indeed trigger the cup and handle breakout not only should it climb to 243.29 but that would almost guarantee the golden cross will be sustained...which would undoubtedly lead to more upside this is just the immediate pattern...there is also a much larger weekly/monthly triangle pattern we...