DrDovetail

DrDovetail

Keep in mind to the left of the cups left side of its rim is a higher candle wick which could potentially be the real rim of the cup and the cup could be deeper and have yet to have formed its rim...We will know whether or not the current neckline is the real neckline of ethereum's cup when we see large bull volume after we break the neckline within the first 3...

DrDovetail Updated 

Ripple has just broken bullishly up out of the descending triangle it was in, and also well above its 4hr buy sell line. What's more this descending triangle may be the handle of a larger cup and handle pattern which if so would only lead to much more upside in the near future. This looks like a good entry point, but since I've been in for awhile I will simply...

DrDovetail Updated 

Get entry point on digibyte most likely...keep in mind that there is a higher peak to the left of the cup where a deeper cups rim could form should breaking this neckline fail to initiate a big surge of bullish voluem. That would mean we would then still need to form a handle. If this is the real rim line you will know withing 2-3 4hr candlees closing above it...

DrDovetail

Looking to the left of the cup we can't see any obvious higher points where a deeper cup could forms o there's good chances this is a legitimate cup and handle breakout...we will have to see how it behaves in the enxt couple 4hr candles to be sure but now is still a good entry point...especially if it's valid...if not you will be able to tell relatively soon by...

DrDovetail Updated 

It's Cup & Handle Season! There have been multiple cup and handles that have formed all around the altcoin market recently in what I am going to dub as cup and handle season. I'm out hunting for valid cup and handles and while most of them this time around seems like they will eventually be validated....it is easy to get faked out by these patterns and think the...

DrDovetail

Of all the altcoins recently, tron has been not only holding it's ground but continuing to gain ground while other big coin breakouts have already dipped back down. It exceeded it's projected breakout price target from it's cup and handle pattern days ago, and has since then almost tripled that projected breakout! It seems content on continuing to rise as well....

DrDovetail Updated 

I know I have been analyzing a bunch of other alts recently, with it being cup and hande season and all...but let's get back to the bread & butter...the btcusd chart. As you can see we have formed another falling wedge(a bullish pattern) which happens to also be a slanted bull pennant. Both are bullish patterns and considering how close they are to the upward...

DrDovetail Updated 

good entry point here on nano....it wille ventually break above this neckline.

DrDovetail

Loaded up on bitshares 3 days ago and some more earlier today. Glad I did looks like it will hit its target sooner than later. Once it does I will start to ladder out profits and shift them to other alts that are on the verge of triggering...only leaving my foundational long term holding percentage of bitshares in after i've laddered out a few different levels.

DrDovetail Updated 

Every cup and handle that's materialized across the alt market the past week or so has had its own distinct nuances in its cup and handle....Zencash's handle actually appears to be another cup and handle. So it is esentially a double cup and handle. This should help it break above the rim line o it's bigger cup and handle with more authorrity than some of the...

DrDovetail

subject and chart says it all.

DrDovetail

Neo is looking rather bullish. Be cautious however because some people believe it may be also in an inverted cup and hande chart pattern as well which leads to a bearishdrop...if that were the case then the current regular cup and handle we are in and its breakout would be actually forming the upside down cup and handles handle. For now though it's gonna be...

DrDovetail Updated 

Yet another installment in the neverending cup and handles of the altcoin market. The main chart is Vechain I will post gas and qlink snapshots in the update section.

DrDovetail Updated 

Shouldn't be much longer before Stellar triggers it's cup and handle as well...likely a good entry point here..the upside is around 75% gains if it reaches the projected breakout target. I've noticed each alt's cup has it's own unique individual bowl shape and its own unique handle similar to the others but fun nuances between them...some have broading desending...

DrDovetail

SSIA the break up from the handle would've be the most ideal entry point but with ladder in more from here for my own personal strategy of course with this being non faniancial advice and everything. Good luck in whicher method you decide to choose. There will be several more cup and handles to break in the coming days all across the market...its kinda like an...

DrDovetail Updated 

I didn't bother shorting this recent minor correction dip because 1. We didn't form a lower low first and foremost and 2. We maintained support at the 4hr 50MA buy/sell line (in orange). I did however have to slightly widen the trajectory of the double bottom Eve trendline(in pink) to make room for that extra red 4hr candle...which has pushed the projected date...

DrDovetail

BTC is once again pressed itself up against the side wall of the eve bottom with not much room to spare this time doing so by forming a bull flag right along the same price point as the breakout target from the falling wedge we broke out of yesterday. Odds are good within the next 2 candles we will break upward and the projected upward target of this flag will...

DrDovetail Updated 

We can't be certain Storm'ccup and handle will trigger...but in the current context of the market probability is very high that it will and the upside is huge...the cup is so deep that even at its downward slanted angle Storm will; likely double in price. Of course this is just an assumption based on technical analysis and meant to be my own personal strategy not...