DrDovetail

DrDovetail

Price is firmly above the smaller lime green neckline at the moment and likely to trigger the breakout, the ful target of which would send price action above the neckline of the larger double bottom pattern. *not financial adviice*

DrDovetail

BAND has been available for a significant iscount lately but the sale may be ending soon as it is now attempting both an inverse head & shoulders breakout, as well as sending wicks above the neckline of a slightly larger double bottom pattern. The double bottom pattern is in chartreuse and the inverse head and shoulder pattern is in lilac. We can also see BAND...

DrDovetail Updated 

Green target is the bullflag white target is the double bottom. *not financial advice*

DrDovetail Updated 

Looks like Chanlink is ready to confirm the double bottom breakout here as the past few candles have already started to climb up the measured move line like a staircase.Always possible for a dip back below the neckline at this point but probability slightly favors the readout being validated instead for now. *not financial advice*

DrDovetail

This one has an $8.50 target. This is the daily time frame, logarithmic scale. *not financial advice*

DrDovetail Updated 

I just posted the log chart version of these patterns before posting this idea and as you can see the linear chart version of these patterns have a much smaller measured move target for their breakouts. Usually what ends up happening in these scenarios is both the linear and log targets eventually get hit,, it just takes the logarithmic targets much longer than...

DrDovetail Updated 

Ihave arbitrarily placed the measured move line for the bullflag breakout in the month of October but there’s always a chance it stays in the flag longer than that, in which case the measured move line would get moved over to the right and slightly lower each time it does. If it breaks up by october and validates that breakout the measured move target will be...

DrDovetail Updated 

Ethusd chart has a similar set upas the total2 chart, a cup and handle that is breaking up from a smaller inverse head and shoulders that will complete the handle to the cup. Ethereum actually has two potential to trendlines for its cup and handle and I wouldn’t be surprised if both are valid. The breakout target for the inverse head and shoulder pattern will take...

DrDovetail

Seeing a big green candle today on dxy after confirming the neckline of the inverse head and shoulders pattern as support on the previous daily candle.

DrDovetail

Already went above the neckline once and the current daily candle is currently back above the neckline for a second time. Hitting the full target would mean a good 50% gain from current price. *not financial advice*

DrDovetail Updated 

The bull pennant we are in shown here on the 6month time frame seems to have a symmetrical triangle for its flag. The breakout target for just the symmetrical triangle is in the $33 range. Factor in the pole of the flag and the potential target skyrockets to 1.2k. Definitely not financial advice and certainly no guarantee it will hit either target as it’s still up...

DrDovetail Updated 

Nice it confirms the breakout the target is around 3 cents. Could always dip back below the neckline a time or two before that happens, but considering how it feels lke we are finally confirming an altseason here with bitcoin dominance taking a big dump probability highly favors an eventually validation of this breakout on flr. *not financial advice*

DrDovetail

If this pattern validates its breakout, the measured move target from here is over 3x. *not financial advice*

DrDovetail

It could easily dip back below the neckline a tie or two before it validates the breakout but definitely getting closer to doing so. Target is around 40-41cents. *not financial advice*

DrDovetail

Price action is well above the neckline and already over halfway to the target. *not financial advice*

DrDovetail

The smaller pink dotted measured move line is for the inv h&s pattern its formed inside the wedge with the top trendline of the wedge doubling as the invh&s pattern’s neckline. Hitting that smaller target is more or less a 2x from current price action. If we hit the full falling wedge target that’s a 4x from where it is currently. *not financial advice*

DrDovetail Updated 

An even higher target than the symmetrical triangles two potential targets materializes when we confirm the breakout up from this bull flag. It will likely have a bullish target somewhere around $5.20. Upon reaching this target it will also be breaking above a big cup and handle that will then have an even higher breakout target which I will post in my next idea...

DrDovetail Updated 

Should break above the neckline of this lemon lime colored inverse head and shoulder pattern in the upcoming 1-3 weekly candles here, and we are likely less than a week a way from the daily chart golden cross (not shown here). The breakout target from this inverse head and shoulder pattern will take price above the rimline of the larger cup and handle pattern and...