DrDovetail

DrDovetail Updated 

No confirmation yet but market currently feeling very bullish here. Likely to breach this neckline in the next few candles. *not financial advice*

DrDovetail

It just dawned on me that I had my chart on logarithmic for the previous 2 posts I amde about HBARUSD. As usual, the chart patterns on the log chart tend to have much higher breakout targets than the version of the chart patterns that appear on the linear chart. As soon as I realized this I went back in and adjusted the patterns to their linear chart erosions. The...

DrDovetail

Wanted to show my previous hbar idea which was on the daily time frame on the weekly as well so I could fit the pole of the bullflag in the frame here. I will put a link below to my daily time frame version of this post which goes into slight more detail about each pattern and also the Nvidia hbar news. *not financial advice*

DrDovetail

The inverse head and shoulders in the light blue, the light tan is the bull flag, and the pink is the double bottom. Currently price is above the Bullflag and the Inverse head and shoulders pattern. The bullflag also counts as a descending channel pattern as well. We just recently retested the neckline of the inverse head and shoulders as exact wick support which...

DrDovetail

Bitcoin dominance aka the btc.d chart has been in these 2 rising channels now for a long long tie, after ust recently being rejected down fro the top trendline of the neon yellow channel, there seems to be an opportunity here for it to potentially head down to retest the bottom trendline of that channel as well. If this occurs this could lead to an altcoin season....

DrDovetail

If xrp triggers the current bullflag its in on the daily chart it should take price ell above the neckline of the cup and handleshown here on this chart and trigger its breakout as well which has a breakout target around $6.70. *Not financial advice*

DrDovetail

Depends on if the green trendline is the more valid top trendline or the light blue one is. *not financial advice*

DrDovetail Updated 

Currently firmly above the neckline of this inverse head and shoulders pattern. Could definitely still find a way back below the neckline but if it does return to the neckline and maintain it as support that is a solid place to go long or add to a position for my own personal strategy. *not financial advice*

DrDovetail Updated 

SUUSD has had a very notable pump on this uptrend which hopefully will end up being the beginning of confirming a real sustained uptrend in the alt market. *not financial advice*

DrDovetail

I just posted a weekly version of this same pennant in the previous idea which I will link below, i wanted to also post the version of it on the 1day timeframe as well because the top trendline of the wedge on the 1day time frame has a different trajectory which lengthens the wedge considerably. With this longer wedge we can see that if it is the more valid for...

DrDovetail

The daily failing wedge’s top trendline is not as sharp of a trajectory as the the weekly timeframe’s and due to this, the daily time frames wege is noticeably longer, so I thinkI am going to post a follow p idea to this one that shows the longer version of the wedge, not sure which one is more valid yet at this current time. If the weekly 50ma(in orange) can hold...

DrDovetail

Looking like a very valid pattern on the weekly hart. My guess is it will break upward somewhere around where I have arbitrarily placed the dottedmeasuredmove line, in which case the breakout target would be somewhere around $4.80 always a chance we retest the bottom trendline and even send a wick below. It before confirming a break upward though. *not financial advice*

DrDovetail

Target is $3. Very likely to hit the full target based on the bullish momentum from the sec ripple appeal being ofifcially dropped. Likely to continue upward from there as well but for this current idea I only wanna focus on the inv h&s target. *not financial advice*

DrDovetail

I decided to do a second chart idea on the pennant I posted in the last chart, this tme including the super pivotal support trendline and moving the emasured move line to the point that support line crosses over the top trendline of the wedge. Will be interesting to see if either of these measured move line projections from this dea and the last one play out. *not...

DrDovetail

The full wedge extends all the way into August. I certainly hope we break up from it well before then. I place the measured move line around where I think we old break upward from if we can flip the 200ma back to solidified support. It of course could actually take much longer to break up from the wedge but even if it did the lowest price of the wedge is really...

DrDovetail

It’s hard to say where it will. Break up from ths pennant, I put the dotted measured line in an arbitrary spot which will almost certainly have to be readjusted and most likely further down than where I placed it but if it were to somehow break up from the wedge by then and confirm that breakout the target would be in the 145k zone. *not financial advice*

DrDovetail

Unless this is some sort of strange bull trap. The recent declaration o Trump’s Truth Social page that he will be including ADA in the Strategic reserve has resulting in a major pump for cardano here which will likely confirm the breakout of both this bull flag its currently above and the cup and handle it’s about to be above (yellow line) *not financial advice*

DrDovetail

We knew it was likely this would happen at some point in the near future from when the gap was formed and it appears like now is the time. Price action needs to dip as low as $77,920to fill the gap entirely. History tells us the correction should be over with not long after the gap is filled. The only way this isn’t the case is if the top of the bull market was...