PolarHusk

PolarHusk

💎Technical Analysis Summary💎 COINBASE: BTCUSD -In the short-term time period, BTC broke to the downside -The pattern decided to break its trendline of support -It seems the 41k dollar area acted as a strong resistance zone -If this downtrend continues, the potential target is almost the 35k region -That zone may act as a good rebuy area because of previous...

PolarHusk

💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -Bitcoin still following the upside trend -Right now, the price is currently consolidating around 40k dollars -BTC needs to defend the immediate 40k dollar support -This is the confluence of local support between Bull and Bear -The 20ma is now approaching the price which can act as a dynamic support -Trading...

PolarHusk

💎Technical Analysis Summary💎 BINANCE: ETHUSDT -Ethereum is having trouble to break above 1300 dollars -We can see two potential double top near a 1.3k area -It is now testing the 20ma support area and 0.5 Fib level -If the Bulls wants to keep the uptrend going -They must defend the mid 1.1k dollars area -Because if they failed to hold it and retested as...

PolarHusk

💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -New All-Time High for Bitcoin today after breaking the previous resistance at 35k dollars -The trend is our friend, the market continues to prove that going Long is the trading priority -Using Fib extension during the minor consolidation a few days ago -The potential upside next resistance area is around 39k-42k...

PolarHusk

💎Technical Analysis Summary💎 NASDAQ: ZKIN -ZKIN started the 2021 week on a strong breakout above the previous high -We have now new local support of around 2.65 dollars -This will be our immediate support in the short-term action -Looking at the weekly market structure, the Bullish H&S was confirmed last Nov 2020 -If the Bulls can keep the momentum, we can...

PolarHusk

💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -The Bitcoin bulls won the short-term game -After the price broke the descending channel to the upside -The pattern target area is the recent top around 34.8k dollars -From there, the market will decide if it will continue higher -Or pull back and try to form support in the mids 33k dollars -Further updates will...

PolarHusk

💎Technical Analysis Summary💎 BINANCE: BTCUSDT -Bitcoin dump -20% from the high and filled the short-term CME gap -We have now potential trading for the next few days -Our important support is at 30.4k dollars -This area must hold and form a base of support -To continue a strong uptrend if the Bulls wants rally higher -I'm expecting consolidation and hope for...

PolarHusk

💎Technical Analysis Summary💎 KRAKEN: ETHUSD -ETH is starting to make a big move today -Moving a few dollars away from $1,000 psychological resistance -Looking at the market structure, it just passed through the $800 resistance last April 2018 -Only a few hours left before the weekly close -This would be a good sign-holding above this range -Expect more upside...

PolarHusk

💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -For the 3rd time, Bitcoin monthly candle closes another green bar -This is the highest consecutive candles so far -Indicating a strong move by the Bulls during this uptrend -We can't predict how far can Bitcoin go -But we can use the Fib extension to potentially look for the next possible resistance -The Fib...

PolarHusk

💎Technical Analysis Summary💎 BNC: BLX -The 12 Month candle broke out of the consolidation range after 1095 Days of trading -We saw this history, last 2016 after a good breakout plus retest the bull run continued higher -Will history repeat itself? Can see also see a pullback to retest previous resistance? -This is a new start of 12 months of trading so a lot...

PolarHusk

💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -Bitcoin is set for a potential new High again -After the breakout of 27.6k dollars -The price has retested it and bounce at 9ma & 20ma support -If BTC can hold this area for the next 24-48hours -The chances to go higher up to 30k dollars will increase -The ultimate guide now is the 9ma fast-moving support...

PolarHusk

💎Technical Analysis Summary💎 NASDAQ: ZKIN -ZK is following the 9MA & 20MA daily support zone since the October uptrend -It is now forming a potential ascending triangle pattern -We can see a resistance zone at the body of daily candles between $2.55-$2.65 -This resistance area has been tested 6x and currently being tested today -From a strong bounce at 20MA...

PolarHusk

💎Technical Analysis Summary💎 COINBASE: BTCUSD -BTC overshoot from my previous target of 26k dollars -The price hit the next 2.618 Fib resistance level -This time, it painted a Doji candle which signals a profit-taking activity -This could be a potential top or start of a consolidation -Consolidation at the high or it may turn out a correction going down -We...

PolarHusk

💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -Bitcoin broke out the bullish triangle pattern to the upside -It is now currently testing the previous resistance zone -If BTC can hold and flip this into new support territory -The upside potential area is from 25.3k dollars up to 26.7k dollars -If you have a trading plan for this move -Please make sure to have a...

PolarHusk

💎Technical Analysis Summary💎 BINANCE: XRPUSDT -XRP hit the strong weekly resistance area which is a good profit-taking zone -We saw rejections for a few weeks then after bad news came out -The price sharply drop back to its 50W MA support with the confluence of the previous trading level -If XRP can hold this current price for at least 1-2 weeks -And BTC...

PolarHusk

💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -Bitcoin is forming a potential ascending triangle pattern -We can see a clear flat resistance area around 24k dollars -It also has an upward trendline of support with the confluence of 50MA -On the balance of probabilities, this pattern usually breaks to the upside -But the safest trading approach is to wait for...

PolarHusk

💎Technical Analysis Summary💎 NASDAQ: ZK INTERNATIONAL GROUP CO LTD -Daily timeframe shows the price is following the 20MA -We can see two rejection candles around $3.0-$2.8 -If we plot two trendlines, we can expect ZKIN to consolidate for at least 40 days -Before a decision making at the apex of the triangle pattern -For now, trading priority is still up but...

PolarHusk

💎Technical Analysis Summary💎 BINANCE: ZECUSDT -Zcash is respecting the strong weekly trendline resistance since 2019 -We can see multiple rejections around 76 dollars -We had a breakout last July but failed to hold and no follow-though -ZEC needs to decide now because it is already at the end of the triangle -I'm expecting within 4 weeks, we will see where the...