abdulmajid_sarwar

abdulmajid_sarwar

once again bitcoin is forming a bullish flag pattern on 4hr chart, the resistance range is coming from 42730 to 42550 and the support range is coming in the range of 41900 to 41450, if it break out successfully then the technical price is coming in around 44800 to 45400.

abdulmajid_sarwar

it is seen that the Symmetrical Triangle of total market cap on 1Day chart is breakout, if it keeps on going up the it will be very bullish for btc and some other major altcoins

abdulmajid_sarwar

as we are seeing a bearish flag is formed on the BTC.D 1Day chart frame. if btc.d failed to hold the percentage 43.10 and drop down to 42 then we will see huge move in alt coins in a coming days.

abdulmajid_sarwar

currently bitcoin is forming a symmetrical triangle on 1day chart, the resistances are coming in the range of 44200 to 42300, it will take some days or a week to retest these resistances, if it break out then the technical price of bitcoin is coming in around 56300. the support line ranges of this pattern is from 38200 to 41100. Breakout PRICE PREDICTION IS 56300.

abdulmajid_sarwar

Currently Bitcoin is forming W pattern on 1Day chart, the neckline resistance of W pattern is seen at 45000 to 46000, for the third time btc is rejected from the hardcore resistance level. if bitcoin hold the current level and break the resistance line successfully then the technical price prediction of W bullish pattern is coming in around 60000. if failed again...

abdulmajid_sarwar

since years this indictor always indicate the start of bitcoins bull trend, gain in BTC.D and increase in the number of transacted value of bitcoins. it hardly invalidated from so many years. once the grey line crosses the pink line, and with the blink of blue line it clearly shows the startup of bull trend, only war news can fail and manipulate the formed trend.

abdulmajid_sarwar

On 1day chart bitcoin's major indicators and patterns including, bullish divergence, higher lows wicks, Macd lines, Rsi, parabolic move, and number of value transaction Clearly shows that the bears are loosing control, and bitcoin is ready to take its ride to the major resistance of 45, all the indicators has given the bullish confirmation. to stay bull btc need...

abdulmajid_sarwar

currently bitcoin is forming bullish flag pattern in 4hr time frame, the technical resistance is coming in 38300, if it breaks the resistance and closed above 38300 at day closing candle, then the technical predicted price is coming in around 40100.

abdulmajid_sarwar

if btc break the neckline which is coming in around 44800 on 4hr chart, then the technical price is coming in around 48000. if btc failed to hold the range with 42800 to 44800 and break down to 42800 then the pattern will be invalidated.

abdulmajid_sarwar

According the support line of bitcoin bearish flag's support line btc has to touch the zone of 53300 to breakout the bull move, once the target support is touched then the predicted technical price is coming in around 80000.

abdulmajid_sarwar

Bitcoin/usdt pair is forming three descending pattern, the neckline of the last peak as resistance is coming in around 59000 to 58300, if the btc successfully breaks the resistance the the technical price target will be 63000. btc need to stay in the range of 56000 to 57000 to validate this pattern.

abdulmajid_sarwar

bitcoin Bullish flag has been seen on 2hr chart frame. if btc break the resistance coming in around 58400 and closed the daily candle, then the technical price target will be coming in 61500. btc need to break the resistance level of this bullish flag to change the trend. on the other hand, fear and greed index has hit the level of fear at 37 point, it is a bullish sign.

abdulmajid_sarwar

just another rising wedge is displayed successfully from the resistance of 56500, the upcoming technical price is coming in around 61100 very soon, AS btc dominancy is increasing steadily and this is a very bullish sign for bitcoin bull rally, and a breakage for alts.

abdulmajid_sarwar

Currently Btc has triggered an overbought areas of RSI at 4hr chart as well as daily chart, that signs for a little cool off coming in few a days for a short term period, on the other hand, MACD on a daily chart is showing a great bullish momentum, this is not going to be a major or mini crash but a short term correction to go further up at previous higher high.....

abdulmajid_sarwar

Cup and Handle can be seen On a daily chart frame, the resistance line is already broken up at 52000. the technical price target for this pattern is coming in around 77300 price. to gain this massive move btc needs a lot of volume from the strong hands. btc already crossed the market cap of $1trillion plus that is good sign for btc to stay bullish and continue the...

abdulmajid_sarwar

SUCCESFULLY ACHIVED the technically price target at 55400 as mentioned yesterday. Now the strong support area is coming in around the GOLDEN POCKETS at 53800 TO 52800.

abdulmajid_sarwar

currently a rising wedge can be seen in a 4hr chart, the resistances are coming in around 50450 to 50790, if breaks the resistance line then the technical price will be coming in around 55400 and the supports are coming at the range of 49125 to 49650, if breaks down the support line then the technical price will be coming in around 44500.

abdulmajid_sarwar

BTC is testing the weekly 21 Moving average that is coming in around 41600. to confirm the BTC short term bearish mode, BTC has to close the weekly candle below 42000. and to stay somewhat bullish then BTC has to close the weekly candle above 42000 in any cost by Sunday 5 AM weekly closing. If BTC breaks the 21 weekly perfectly at closing then it is very likely to...