The most common and most likely answer to this crossword clue is the 12 letter word DREAMCATCHER
I've seen this crossword clue in Financial Times
D
R
E
A
M
C
A
T
C
H
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R
Buddy explains!
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does DREAMCATCHER mean?
DREAMCATCHER noun- A decorative Native American object in the form of a hoop and net with attachments such as feathers, traditionally believed by the Ojibwa to “filter out” bad dreams.