DrDovetail

DrDovetail

Digibyte reached the double bottom breakout target and then some with yesterday’s big green candle. Now that it has spent the current daily candle consolidating, it has already consolidated long enough to make it so there is currently a valid inverse head and shoulders pattern in play on the 4 hour chart. If it takes a few more daily candles of consolidation...

DrDovetail

Much like litecoin’s current setup, algorand is also in the midst of completing the right shoulder of its inverse head and shoulders pattern as a golden cross is set to occur in the next 2 -4 daily candles. Hopefully the golden cross on both algorand and litecoin provide the same bullish momentum we’ve seen it already provide xlm, solana, and the total chart, if...

DrDovetail

Current weekly candle on the weekly xrpbtc chart is holding support right on the neckline of this double bottom pattern. If this candle closes and still maintains the neckline as support, and the follow up candle also maintains that support that should likely validate the breakout at that point. f so XRP should continue to make gains against bitcoin in the near...

DrDovetail

Crypto custody, trading, and on ramp solutions provider BAKKT just got a pump i price that sent it above the double bottom enckline thanks to Donald trump’s media company suggesting they want to acquire the platform. Bodes well for price flipping this neckline to support and valdating the double bottom breakout in the near future. *not financial advice*

DrDovetail

XTZ just hit its previous breakout target and much like hbar proceeded to then fly right past it and keep pumping. We can see price action is now about to reach a potential double bottom neckline on the weekly chart here. Always a good chance after a pump like this price will end to consolidate a bit before getting a second wind needed to confirm the breakout of...

DrDovetail

Seeing a to of similar patterns around the alt coin market starting to fully play out ad xtz/tezos seems like one of the next ones up to bat. *not financial advice*

DrDovetail

I noticed the previous chart I posted for tesla I accidentally had logarithmic mode turned on so. Wanted to show the more realistic linear chart breakout target here. *not financial advice*

DrDovetail

The next couple charts I post will simply be to lllustrate how the golden cross (orange line crossing above the blue line) immediately resulted in a very pivotal bullish pump that coincided with a major fulcrum point on the chart recently on multiple different charts. More times than not in the other market cycles, when a golden cross occurs it usually takes a few...

DrDovetail

Looks like Quant has broken above an inverse head & shoulders pattern with two valid necklines. The higher longer one having a higher breakout target of course. Based on the pattern unfolding on total2 chart right now as well as it’s impending golden cross, I’d say QUant reaching both inverse head & shoulders targets is highly probable *not financial advice*

DrDovetail Updated 

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

The red line is the rimline of the Total2 chart’s cup and handle pattern that I made a post about a few days ago and will link at the bottom of this post. I thought it would be a good idea to include a close up of this bull flag that is forming with that redline mostly serving as support here so it would be easier for people to see when the breakout from the cup...

DrDovetail

Of its verse head and shoulder pattern that it recently broke upward from. *not financial advice*

DrDovetail

Send it. Lot of demand for the US based Cryptos all the sudden, why do ya suppose that is? *not financial advice*

DrDovetail

XLM.riding XRP’s coattails as usual. They seem to operate in tandem when they go nova, kinda like T Corona Borealis; XRP the red giant, and xlm the white dwarf. Stellar Ripples indeed.

DrDovetail

Already over halfway to the breakout target, this may only be just the beginning of the upswing however as we are likely to be confirming the breakout of a much more macro falling wedge on the logarithmic chart on our way to reach this bullflag target on the linear chart. *not financial advice*

DrDovetail

If price can get above the monthly 50MA here (in orange), and flip it solid support for a candle or few, we should see xrpeth confirming the breakout from this monthly chart falling wedge and then heading up to reach the measured move target posted here. This is a logarithmic chart. *not financial advice*

DrDovetail

This ascending channel on the monthly chart has both pi cycle tops from the last two bull runs as key touches on the top trendline. The bottom trendline has lots of important key touches too. If we break above my other big wall of channels which I have posted in a previous idea, thie top trendline of this channel would be the next price I would be looking for for...

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...