DrDovetail

Feels like it may be validating the breakout above the blue line as it also seems to be climbing up the dotted measured move line here on the last few candles. So probability is quite good that we validate the breakout on this impulse. If so the full measured move target is around 152.9k or more or less 153k. *not financial advice*

Because of the bullflag with the long pole it is currently breaking up from *not financial advice*

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*

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*

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*

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*

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*

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*

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*

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*