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DrDovetail

DrDovetail

@t_DrDovetail

Number of Followers:0
Registration Date :5/18/2021
Trader's Social Network :refrence
ارزدیجیتال
2895
Rank among 49291 traders
-1.4%
Trader's 6-month performance
(Average 6-month return of top 100 traders :42.5%)
(BTC 6-month return :39.6%)
Analysis Power
2.1
477Number of Messages

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DrDovetail
DrDovetail
Rank: 2895
2.1
:Neutral
Price at Publish Time:
$2.83
XRP،Technical،DrDovetail

After the most recent resistance was found I was able to find the channel xrpusd price action is currently in which also is functioning as a bullflag. My guess is the uptrend will resume in October but we will know soon enough *not financial advice*

Source Message: TradingView
DrDovetail
DrDovetail
Rank: 2895
2.1
:Neutral
Price at Publish Time:
$115,866.87
BTC،Technical،DrDovetail

The pole looks more obvious on longer timeframe charts but the flag/ channel itself is best illustrated on the 1day time frame. In fact there is a much longer pole than the one shown here on the monthly chart, but I didn’t go with that one because the flag on the monthly is more of a horizontal channel than the descending channel shown here on the 1day chart. *not financial advice*

Source Message: TradingView
DrDovetail
DrDovetail
Rank: 2895
2.1
:Neutral
Price at Publish Time:
$3.14
NEAR،Technical،DrDovetail

The inverse head and shoulders breakout not yet fully confirmed, but price is currently comfortably above its neckline. In hitting the inverse head and shoulders full target, it should also validate the double bottom breakout as well. *not financial advice*

Source Message: TradingView
DrDovetail
DrDovetail
Rank: 2895
2.1
:Neutral
Price at Publish Time:
$29.44
AVAX،Technical،DrDovetail

Not sure whether it will validate the breakout here or go back below the neckline, but that was a very convincing bullish candle close above the neckline on the previous daily candle so it should give it some reasonable probability. *not financial advice*

Source Message: TradingView
DrDovetail
DrDovetail
Rank: 2895
2.1
:Neutral
Price at Publish Time:
$3.01
XRP،Technical،DrDovetail

Hard to tell which of these trendlines is the most valid top trendline and bottom trendline of this triangle/pennant so I have to include them all since any can potentially be. *not financial advice*

Source Message: TradingView
DrDovetail
DrDovetail
Rank: 2895
2.1
:Buy
Price at Publish Time:
$2.93
BuyXRP،Technical،DrDovetail

My previous version of this chart I placed the breakout tarts arbitrarily before the actual breakout so I wanted to post an updated version with the two targets lined up directly at the point of the breakout. Smaller target is for just the triangle and the bigger target for the entire bullish pennant. Remember this being a 6 month time frame this could take several years still even to hit the highest target *not financial advice*

Source Message: TradingView
DrDovetail
DrDovetail
Rank: 2895
2.1
:Neutral
Price at Publish Time:
$112,289.57
BTC،Technical،DrDovetail

It appears bitcoin is breaking up from a bulllish pennant who’s top trendline seems most valid on the 4hr chart, its bottom trendline most valid on the daily chart and its flag pole most valid on the weekly chart. Sometimes patterns will be cross timeline like that. If this is the pattern that is about to be validated, we should see confirmation in the form of price action using the dotted measured move line like a ladder and as support in the near future as well as also potentially resistance later on on the way to the target. When you see that type of thing occur, probability increases that this is the real breakout. *not financial advice*

Source Message: TradingView
DrDovetail
DrDovetail
Rank: 2895
2.1
:Neutral
Price at Publish Time:
$3,576.8
PAXG،Technical،DrDovetail

TA doesn’t get much more exact than this. Gold beautifully displayed why TA is such a powerful manifestation device. Look how perfectly Gold broke up and then used the dotted measured move line as a staircase to climb its way to the full breakout target. Perfection. Those who’s off at TA as just imaginary or arbitrary lines, have not seen this kind of accuracy play outthe and time again as I have during my time as a technical analyst. Posting this as a prime example for posterity. *not financial advice*

Source Message: TradingView
DrDovetail
DrDovetail
Rank: 2895
2.1
:Neutral
Price at Publish Time:
$3,577.96
PAXG،Technical،DrDovetail

Been a long journey but the top target I charted all the way back in 2023 for gold is about to get hit as we are now less than100 dollars away from that target. Based on this blue symmetrical triangle it is currently breaking up from we should not only hit the old target but surpass it and head to 3800 as well. *not financial advice*

Source Message: TradingView
DrDovetail
DrDovetail
Rank: 2895
2.1
:Neutral
Price at Publish Time:
$3.02
XRP،Technical،DrDovetail

The bottom trendline of this triangle definitely seems to have finally been narrowed down to this purple line and green line with multiple touch points to back that up. *not financial advice*

Source Message: TradingView
Disclaimer

Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.

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