PolarHusk

PolarHusk

💎Technical Analysis Summary💎 ETH/USD -Ethereum found its key support around 2.7k dollar zone -With the help of confluences like S/R level, Fib 0.618, and EMA23 -If ETH can hold above 3.4k this week, it will likely retest 4k soon -The uptrend is not yet over, it is just consolidation at the high area -As long as the Bulls can maintain above 3k dollar zone -The...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin is looking good today after a bullish retest on the S/R level -The chances to retest the 53k recent swing top is highly probable now -If BTC reaches the 53k level, we will have to observe for any price reaction -If the price will go higher or faces rejection because the sellers might re-enter -There is always a risk...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -The bulls showed their strength back after confirming the 40k dollar new key support -The 40k dollar zone is a confluence of multiple factors like the S/R level, 50W MA, Fib 0.618 -This weekly candle is about to close in 3 hours, if this one closes above 46k that is a good sign -A potential upside continuation up to its...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Finally, the bulls showed up after a double bottom reversal pattern is confirmed -This pattern is also a confluence of a descending bullish channel -Which is trading in the key area of interest around the 40k dollar zone -Currently, BTC is testing the mid resistance level at 48k dollar -If the bulls will continue to go...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Every time the price goes above 44k dollars, the bears always enter the market -We can see two downward trendline resistance which is acting heavy in the short term -The only good thing right now is BTC is holding the Fib 0.5 and 100D moving average -We will soon see a breakout direction within this week either up or...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -The previous support area has turned resistant today -This zone is a perfect entry for the sellers to enter the market -Another lower high structure is being painted by the Bears -The Bulls needs a lot of work to do, they need to defend its recent mid support -If the buyers can hold the 40k dollar area and bounces up like a...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin defending the Fib 0.5 level or 40k dollar zone -The price bounce up by almost 12% today which is a good sign -We can see many altcoins are also finding their new support area -This could be a good positive view in the coming days -Bitcoin is about to retest its previous support of around 44k-47k dollars -If we can...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin hit the mid support around 40k dollar zone -This area is a confluence of the 100D MA and Fib 0.5 -We can see the price reacted bullishly on this level -The bulls immediately bought the dip within few minutes -This is a good short term strength but still not enough -We need to see BTC holding above Fib 0.5 for at...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Things went bad for Bitcoin today as the price is back at the neckline support -The price declined by almost -14% from the Right Shoulder swing point -The overall market received a negative impact which leads to multiple stops out or liquidation -I am technical out of my swing trade positions at a small loss today -Getting...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin broke out of this bullish descending channel today -As the price reached as high as 48800 dollars -The previous 46k dollar resistance area did turn support -If BTC can hold above 47k dollar, I think the chances to go up increases -My short term upside target is up to 49.7k-50.4k dollars -For now, everything is...

PolarHusk

💎Technical Analysis Summary💎 ETH/USD -Ethereum today shows a good sign as the price broke above 3.5k dollars -We can also see the 50D Moving Averages has been respected twice recently -What we like to see is to flip the recent resistance to new support in the coming days -If that happens, we might see a retest of recent swing top resistance around 4k...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -After an extreme price action yesterday liquidating both high leverage long and short positions -Bitcoin today is showing a little strength as the price is trading above the MA50 and MA200 -This is a good sign to the market because I can see some mid-cap to low-cap coins are recovering -If BTC can maintain above 46k for the...

PolarHusk

💎Technical Analysis Summary💎 ETH/USD -Ethereum today is starting to show signs of strength -As the price is now holding above the Fib .382 level -The .382 Fib is a confluence of previous price action last August -The 50D Moving Average is now entering the important short term support area -If Bitcoin will remain stable this week trading action -I think ETH will...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin today's price action is still respecting the Fib .382 support area -The 50D Moving Average again acting as a dynamic support range -The bulls need to act fast and regain above 46k level to bring back momentum -If we want to see any signs of strength, the faster the 46k is regained the better -At least 2-3 daily...

PolarHusk

💎Technical Analysis Summary💎 ICX/USDT -This coin ICON has dropped as much as -37% due to BTC volatility recently -The good news though the price retraced to Fib 0.5 level with the confluence of S/R area -There is still a chance for this coin to move up for the midterm action -Provided this current area of support will remain valid for the month of September -We...

PolarHusk

💎Technical Analysis Summary💎 ETH/USD -Ethereum is holding above the important S/R area -This is a good sign in the short term action -If ETH can maintain this area for at least 3-5 days -I think we will have a good chance to retest the 3.8k -That is the best scenario if Bitcoin will remain stable too -Because once BTC starts consolidating in a range -Altcoins...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin price drops by almost -20% hurting the overall market space -The price touches the mid support area and we can see a strong reaction -The 0.382-0.5 Fib area is a confluence of the 50D Moving Average plus S/R -We can say the 52k dollar is the new swing top needs to break -And Bitcoin is ready for a longer...

PolarHusk

💎Technical Analysis Summary💎 CLV/USDT -Clover Finance is having an issue breaking up higher -Due to a strong daily key resistance area around $1.8-$2.0 -The good news though the price is respecting the short term EMAs -If you are playing conservative on this type of scenario -I recommend waiting for the breakout confirmation -With this type of approach, you...