$XRP A bull flag is a chart pattern used by technical traders to signal when the market is likely to rally further. This pattern usually appears when prices undergo a short-term corrective phase within a broader uptrend, indicating that the asset is likely to experience a further rise in price. The pattern unfolds in specific phases, starting with a significant upward surge caused by a strong influx of buying pressure. This initial movement can be a reaction to positive sentiment, fundamental news, or market dynamics that favour an increase in the asset’s value.
A Pennant pattern in technical analysis is a continuation pattern that takes a short pause or break in a strong price rally, followed by a breakout in the same direction as the initial move. Typically, it appears on the chart after a strong downtrend or uptrend, where the price hangs around for a while. During consolidation, it forms a small, symmetrical triangle, shaping like a flag pole with a Pennant on top.
Let's talk about #btc Recently everyone discussed a shooting star candle pattern , #btc made a monthly shooting star candle, I think this is 65% correct and 35% incorrect ( 🚨my personal view and research #NFA #DYOR )
What is the next ?
1. #btc goes down - If Bitcoin Dominance goes down with btc then #altcoin pumping hard
2. #btc goes down - If Bitcoin Dominance goes up #altcoin dumping hard
Conclusion - btc could retest at $85k , during Bitcoin dominance also goes down that means ALTCOIN will pump ..
Bitcoin Dominance broke out, as I predicted, altseason has started now #btc is moving up side , Dominance is moving down side, That means #Altseason 2025 .
In addition, Bitcoin Dominance is not confirmed yet , so be cautious
$BTC btc bounce from the support at $91443 I told my previous post here,91k is the strong support and we are in a bull run , perhaps the trend is friend , I would like to see today's candle as well as the next couple of days moves
$NEAR Near Nearusdt 1h time frame, near is going to frame the double bottom or W pattern , but we wait for this . If near will go down at $4.80 both patterns are invalid. So, near preparing the pattern given in the chart
1. It is risky to long here , but good chance to make profits, but put the Stopp loss at $4.80 . 2. As usual we wait for break out and confirmation for entry ($5.72+). Target will $6.65
Btc rejected the resistance at $99835 , We wait for this resistance to break and hold for a few days, then we come back towards the bull run or next target $120k.
Still btc has support at $91814 , which is strong support till date , btc tried to break out , but didn't. It's Good things.
Now we focus on weekly closing as well as daily closing the next couple of days .
🚨 If btc break $91k next target is $85k , I told you before .