PolarHusk

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin may have found support in the previous areas of interest -The 44k dollar zone is a confluence of these two EMAs -If the price can hold this level for the next 24hrs-48hrs -I think we can say BTC is ready to consolidate again -The next step is potentially to retest the recent top at 48k dollars -Tough day for the...

PolarHusk

💎Technical Analysis Summary💎 XRP/USD -XRP is confirming the monthly support area around 0.55 dollar -This zone is a confluence of two EMAs and previous resistance zone -If this month of August closes a green candle -I think the chances to retest the recent high increases -And a potential test of ATH once the current resistance is broken -Congrats to the long...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin is respecting these two EMAs for the 3rd time -That is good because it is acting as a short term support -But the bad side is this support gets weaker over time -And a new resistance is confirmed around 48k dollars -This can be a potential double top if support 45.5k is broken -Take note BTC has moved up to 64%...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin respected the EMAs at the 8H timeframe period -With the confluence of previous higher low at 43k dollar range -The price is now retesting the recent top -This zone has been tested 3x and it is still acting as resistance -As long as the Bulls can hold above the EMAs and 44k dollars -I think there is still a big...

PolarHusk

💎Technical Analysis Summary💎 BTC.D -The Bitcoin Dominance started moving lower after a bearish retest -The mid-term trendline support is finally broken downwards -The price is now creating a lower low followed by a lower high -If this decrease in value for BTC Dominance continues -The next possible support for a bounce is at 44 level -For now, we can see strong...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin in the short term is looking to retest its local support -Though this area has been tested before so it might likely do it again -If the Bulls will defend the 43k dollars zone, then we can be safe -Then expect a potential return up to the 46k dollars again -From there, we will have to re-access the market if we can...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin is now testing the weekly mid-resistance area -We can see the price is reacting to this zone -The 20W Moving Average also a confluence in this level, this may act resistance -But if the Bulls can sustain the 41k-43k trading zone for the next 5-10 days -I think we will have a higher chance to break above this...

PolarHusk

BTC/USD -Bitcoin found support at near the 20D Moving Average -We can see a strong move up by the Bulls -If this daily candle closes in green -We can say the 37k dollar is our immediate support -If and only if the recent top is broken upwards -The chances to go higher increase to test 47k sell area -For now, everything is looking safe again -Some Altcoins is...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Finally, after 3 months of red candles. The month of July finishes strong -Bitcoin has a monthly immediate key area of support around 35k-29k dollars -This is the zone we need to watch for the remaining months of this year 2021 -As long as this area will hold, BTC will remain Bullish until the end of the year -For now, I'm...

PolarHusk

💎Technical Analysis Summary💎 WABI/BTC -WABI TAEL is currently testing its daily key area of support -This support zone is somewhere around 350 sat - 420 sat -Since the peak price last March 30, WABI continued to experience correction -We have seen a roughly -80% from the March top swing price -Multiple series of lower highs and lower lows indication of...

PolarHusk

💎Technical Analysis Summary💎 ETH/BTC -Ethereum is bouncing up from the 20W Moving Average -The 0.056 sat zone is acting as a weekly key level -Because it has been retested 3x and the Bulls are defending it -This area is also a confluence of previous support/resistance from March 2017 - April 2018 -Let us say if this zone will hold up until next week...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin is currently testing the mid resistance area after a 40% increased from the 29k region -This zone is a confluence of previous tops from January 8, May 26, June 15 trading -Also, the 100 Moving Average is sitting inside this zone -Take note, the RSI hit the 70 level or overbought territory -After 9 trading days with...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin finally confirms the weekly key support area -After a strong recovery back above the 50W MA and hitting the 40k level -We can say BTC is safe for now in the coming weeks -But the Bulls can't stay relax because the 40k dollar is acting as a strong barrier -And also, we have a new CME price gap of around 34k-32k...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin is saved by the last area of support and 200 Moving Average on 2D TF -If BTC will continue to move higher in the coming days -I expect a retest of the 20 Moving Average in this 2D time frame -This short-term 20MA may act as resistance again as seen in the past -The Bulls and Bears are differently in a tug of war...

PolarHusk

💎Technical Analysis Summary💎 ETH/USDT -Ethereum may have found support for the 3rd time around 1700 dollars -The price has bounced up by almost 20% today which is a good sign -If this mini upside move continue higher, the potential target is the resistance trendline -Which is located just above the 2000 dollar market area -But if ETH is unable to break that...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Warning sign for BTC, the price closes below the 50W Moving Average -It is now trading below the weekly key area of support -If BTC is unable to get above the 33k area in the coming days -Please be cautious and manage your position sizes -Because we don't know how far BTC will go if this downward continues -Good luck...

PolarHusk

💎Technical Analysis Summary💎 YFI/USDT -YFI is now retesting support area #1 for the 3rd time -Technically, this is not good because it tends to become weaker over time -if the bulls failed to hold this area, expect the price to test the next layer of support at around 20k -But if buyers will able to sustain at the current price level in the coming days -A...

PolarHusk

💎Technical Analysis Summary💎 ETC/USD -After a strong move up last June 22 by almost 100% increase -ETC failed to regain above the 50D Moving Average -This Moving Average acted as a dynamic resistance zone -Now, the price is retesting the support area number 1 -If we can see a strong bounce from here, I expect a retest of 50D MA again -But if this support...