DrDovetail
@DrDovetail
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@ DrDovetail
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Link may be ready to breakout here. If it confirms the breakout here the target is $12.50. *not financial advice*

Algorand finally poking above the inv h&s neckline. For now we won’t know exactly where the measured move target will be until we know clearly where we officially break above the neckline as well as flip it to solid support. Will update this idea once it happens. *not financial advice*

Quant continuing to pump; nearing a golden cross. Quant seems to be leading the market. Continuing to pump before the other cryptos and making its way towards a potential new inverse head and shoulder neckline. Of course it doesn’t have to find resistance at this neckline, but there is good probability it will…if so it should give us a great idea of where it’s next measured move will be once it breaks above the neckline. Also vastly approaching a golden cross here. Will be interesting to see where it’s price action goes in the next couple weeks but as of now I think I can safetly predict that it will at the very least reach this white line. *not financial advice*Comment: If it does meet resistance at the white line instead of just continuing above it, then I’m guessing the breakout target from the inverse h&s will be around 220-225 whenever it finally breaks above. Of course I wouldn’t be completely sure of this happening until we got clear confirmation of the breakout. If price actions just continues above the white line without resistance then this will be nullified.

Could ICP actually break to the upside for once? If we have indeed already found are market bottom, then we may actually see ICP break upward for once in its existence. If it does the target is all the way up at $11. It’s hard to trust this asset considering how far it has fallen, but at the same time, if there’s ever a chance this one can find a way to ever set a new all time high and I bought in at this level, I would stand to make a crazy profit if I could HODL it for that long (if it ever even comes close to its ath). Most people that would take this current trade would likely probably take profits once it hit the target which is always wise, however I may buy such a small portion here that letting it sits until a possible new ath wouldn’t phase me at all…grabbing a small amount here with money I can afford to lose is worth it I won’t have to stress about when to get rid of it and if I get lucky enough to see ICP hit another ath I can take it out at that point. If it continues to dip no big loss for me as I have nothing major invested in it anywyas *not financial advice*

About to break above a weekly btc falling wedge soon? We can see price action is now currently back above the weekly 200ma (in blue). This key moving average has held solid support for most of bitcoins existence and if it can flip back to solidified support here as well then it should allow price to break up out of this falling wedge right around where I have placed the dotted line that charts the measured move of the wedge’s bullish breakout. If we see this occur odds are very likely the bull market will be back on….of course ideally we will still want to see price action eventually create a new higher high which would require a new ath. *not financial advice*

IOTA looks ready to break upward. Breakout target shown here in green. *not financial advice*. Iota may be a sleeper. Supposedly an ISO20022 compliant crypto.Comment: This pattern could qualify both as a symmetrical triangle as well as a descending inverse head and shoulders.

Is Solana ready to confirm its inv h&s breakout? We can see Solana has successfully retested the bottom green neckline as support and is seeing a nice green cancel bouncing up after the retest greatly increasing the probability that it will confirm it’s inv h&s breakout and head to the mid $50s for it’s breakout target. On the way to that price target, we will clear the neckline of a slightly bigger inv h&s pattern and if we can maintain that neckline as solidified support as well then we should continue to head to its even higher breakout target not long after reaching the first one…we could see a correction after going above the higher neckline that takes us back to retest that neckline as support just as we have the lower neckline. *not financial advice*

If 1 hr head and shoulders reaches full breakdown trgt= 19.5k 1 hour patterns tend to not reach their full targets a lot more often than the time frames that are 1 day or longer…however if we are still inside the larger downtrend then hitting the full target is a high probability. Lots of doom expected this week which could lead to further bearish patterns after this one. Will have to wait and see if we can get an encouraging bounce once this breakdown is over. *not financial advice*Comment: The larger time frame pattern of the bullflag may be enough to prevent this 1 hour pattern from reaching its full target…we will have to wait and see.

Sand has a very similar inv h&s to mana 2 potential necklines here..this descending white one and the more conventional horizontal one in yellow..wouldn’t surprise me that if one of them validates they both do. *not financial advice*

Mana trying to flip the inv h&s neckline to support If it can succeed in flipping the neckline of this inverse head and shoulder pattern to solidified support, then the breakout target of the pattern should be around 1.28-1.30. It hasn’t validated its breakout yet though so if bitcoin takes a tumble, it could take mana down with it before it gets a chance to validate this pattern. Will likely see it decide which way it will go in the next 2-4 days. *not financial advice*