DrDovetail

DrDovetail Updated 

Target is 58 cents. Next target after that is retesting the top trendline of the tan channel, aka the double bottom neckline. *not financial advice*

DrDovetail Updated 

Just as an addendum to my chart I just posted on the measured move target for just the channel portion of this bullflag, I wanted to include an updated visual for the full flag and its breakout target which is pretty much just ever so slightly below 100k. Will link the previous relevant chart ideas below. *not financial advice*

DrDovetail Updated 

No guarantee it ont go back below the neckline once or even twice or thrice before the real breakout as such things are common, however it definitely looks like this current breach above the enckline could be the one that ends up validating. The breakout target once it validates is $171. *not financial advice*

DrDovetail Updated 

It certainly looks as though hbar is already validating the breakout from this inverse head and shoulders pattern…however with price action this far above the 50 and 200mas at the time of its golden cross, there’s always a likelihood it may dump back down to the MAs at the time of the cross or shortly thereafter, even dipping back below the neckline temporarily to...

DrDovetail Updated 

Too early to confirm this but thought it would be fun to post a speculative pattern on NEAR Protocol here. The bottom of this cup is not quite as rounded as I normally like them to be which is one more reason that this chart is mroe speculative as of now, but still I have seen cups with uglier bottoms play out so this one is definitely still feasible. Posting this...

DrDovetail Updated 

Bitcoin just hit a new all time high against the USD pre halving! The bitcoin spot etfs have shifted the paradigm and we now find ourselves in unprecedented times. Considering that, for all I know the correction may have already seen the lowest it will go before we resume bull, but if history can tell us anything, it’s that it’s very common to see multiple 30-40%...

DrDovetail Updated 

. . .has been validated. Now jsut waiting for price action to head to the full double bottom breakout target. In the current price zone, a mild correction before reaching the full target wouldn’t surprise me. In doing so it would help it create an inverse head and shoulders for its follow up bull pattern. Also a chance it just skips the correction and heads...

DrDovetail Updated 

Very close to hitting the teal channels breakout target, after that we head for the pink channels breakout target…also likely to go to the beginning of the red bearflag pole around 51 cents as is common with inverse Bart patterns. *not financial advice*

DrDovetail

As with other gaming and metaverse cryptos, it appears Axie Infinity is waking up from its slumber as well. No guarantee yet that it wont take another temporary dip below the neckline before fully validating the breakout but it seems pretty likely that validation is near. It appears all the metaverse and gaming cryptos want to take the reigns of the market over...

DrDovetail

Just as we are finally seeing mana pump and gala, we are now likewise seeing sand follow suit too as it seems to have finally broken up from the extended descending bear flag it was in for the longest time that I have posted charts about in the past. There are two possible measured move targets for the yellow channel its breaking up from. The dotted pink line...

DrDovetail Updated 

One daily candle close above the neckline here and the follow up confirmation candle is in the green for now. As always the initial break above the neckline is often not the true breakout validation move so its plausible we could dip back below the neckline once or thrice before its fully validated, but if it were to validate here the target will be $10.20. *not...

DrDovetail Updated 

Just like my previous idea I posted on gala, mana is also currently inside a similar bear flag where the flag is also a descending channel. The full breakdown target for this would be negative 1.80 so I think it’s more likely this bear flag breaks upward…the descending channel on its own usually breaks up so often when you see it as the flag of a bear flag it can...

DrDovetail

If the current weekly candle on bluzelle can close above the rimline for this cup n handle pattern it should solidify the current bullwick it has made after having a sizeable dip below the rimline earlier in the current weekly candle. Only have to worry about readjusting the measured move line in my opinion if we close the weekly back below the rimline as I would...

DrDovetail Updated 

Been hearing lots of good things about NEAR so finally pulled t up on a chart and I can see in the short term it is currently breaking upwards from a descending channel which looks much more like a bull flag on higher timeframes, as well as an inverse head and shoulder pattern. I have illustrated both measured move targets here on the chart; The purple dotted line...

DrDovetail Updated 

We can see here on the weekly how UNIUSd has formed a nice Adam & Eve double bottom (illustrated in the yellowish chartreuse color). We can also see how inside that double bottom we have formed a smaller fractal version of the Adam & Eve double bottom as well (shown here illustrated in pink). To make sure I covered all bases, I also included a the more common...

DrDovetail Updated 

Just an update of this chart and the breakout eth has confirmed of its long standing channel consolidation. I also expect it to hit the second target on the left of the chart that is slightly higher not long after that as well. That target is from a wedge ethereum broke up from long ago. *not financial advice*

DrDovetail Updated 

Needs to sty above both green trendlines to trigger the breakout *not financial advice*

DrDovetail

Im seeing confluence of last bull market cycles potential pennant target(yellow dotted line) and the current bitcoin cycle flag’s measured move line (purple target). Now I’m not suggesting that we will definitely reach this target level on the current bull market, as we have already seen this was a target from the pennant we broke up from during the last bull...