PolarHusk

PolarHusk

💎Technical Analysis Summary💎 BINANCE: BTCUSDT -It seems to be the 18k dollars is acting as strong support -Retested twice and we saw rejection candles -I have plotted a Fib box area where the price could consolidate -Base on price action and location between the Fib -The Bulls and Bears are fighting in between -I am more on the Bullish side base on this short...

PolarHusk

💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -Bitcoin hits an All-Time High today after breaking its recent top -It is not a strong breakout given the fact it is already a 22% increase from swing support -We have local support of around 18.9k-18.6k dollars -This is not a key level but a good area if BTC can hold for the next few days -My only advice is not to...

PolarHusk Updated 

💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -Bitcoin found support at the previous resistance area around 16.5k-16.2k dollars -It also formed a double bottom retested the recent support twice -The price started moving higher and it is now challenging the 0.5 Fib resistance -This is crucial for BTC if the Bulls wants to continue higher and remain...

PolarHusk

💎Technical Analysis Summary💎 BINANCE: XRPUSDT -XRP is trading between 0.5 Fib level, where the Bulls and Bears are fighting -This is a no-trade zone because we can not determine our short term bias -I recommend waiting for proper breakout direction to have a proper risk to reward ratio -Please do not force a trade if it is not part of your trading...

PolarHusk

💎Technical Analysis Summary💎 BINANCE: ETHUSDT -As we all know if Bitcoin failed. everyone will follow -That's why no matter how good your analysis is -Its accuracy will decrease because the money will follow BTC's drop -How to minimize the risk involved? -Always follow your trading plan and have a solid risk management -If one bad trade is hurting you, then you...

PolarHusk Updated 

💎Technical Analysis Summary💎 BINANCE: ETHUSDT -Ethereum is currently respecting the 20ma dynamic support area -We can also see a potential Bull flag with this descending channel -The key trading strategy here is to wait for proper breakout confirmation -Because of this pattern breaks to the upside -The Bullish pattern bias will increase and likely to continue...

PolarHusk

💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -BTC still respecting the 50ma dynamic support area on the 4H time period -This is Bullish and confirms a strong uptrend movement -New Higher High is set again above 19k dollars -If Bitcoin can sustain above previous resistance for the next 24-48 hours -The next potential upside target is 20k dollars or the new...

PolarHusk

💎Technical Analysis Summary💎 BINANCE: ETHUSDT -Ethereum respected the middle 20ma dynamic support for the 3rd time around -If the Bulls wants to keep the game up in a strong momentum -The price must hold within the Bullish zone around 590 dollars -I'm expecting ETH to consolidate for the next 24-48hours -Before deciding its next move unless Bitcoin starts to...

PolarHusk

💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -My previous idea on the 1H time period has failed for Bitcoin -We zoom out to the 4H time frame to look for dynamic areas or key support -We can see BTC respected the 50ma 4H dynamic support at least 4 times -If history will repeat itself, Bitcoin might do the same action -This idea will not work 100% all the time...

PolarHusk

💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -The Bulls defended the 50ma on the 1hr time frame -We saw the price rejecting the dynamic support area -This zone is also a confluence of previous resistance -If we want the market to continue its strong uptrend -It must go back above the 0.5 Fib level area -And retest the recent top at 18.9k dollars -A 2nd retest...

PolarHusk

💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -BTC did a great job making another Higher High and breakout its previous top -Our new potential support is 18.3k dollars area or previous resistance zone -If Bitcoin can't pass above 19k within 24-48 hours -I'm expecting a potential consolidation in this immediate support range -And we will wait for another Bullish...

PolarHusk

💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -Buyers are aggressively bought the dip for the 3rd time -We can see a Bullish rejection candle at a 17.3k dollar area -BTC manages to get above the 0.5 Fib level which is a good sign of strength -I'm expecting Bitcoin to consolidate in the next 24-48 hours -If we want BTC to continue higher, it must not go below...

PolarHusk

💎Technical Analysis Summary💎 BINANCE: BTCUSDT -BTC found resistance just above the reverse Fib level 3 resistance area -The price fell back to reverse Fib level 2 and potentially acting as an initial support zone -If BTC will come back down and confirms another bounce reaction -This will give us a strong bias that 17.3k is our potential key support in this...

PolarHusk

💎Technical Analysis Summary💎 BINANCE: XRPUSDT -After closing above the 0.5 Fib resistance level -XRP continues its upward movement and approaching near swing top resistance -Though there is still an upside potential increase -Going long is not a good idea due to poor risk to reward ratio -You don't have a proper stop loss location at the current market...

PolarHusk

💎Technical Analysis Summary💎 BINANCE: BTCUSDT -Bitcoin found support at previous resistance on the 2nd retest -The price confirmed support and may go higher up to reverse Fib resistance 2.0 -Using the reverse Fib extension during the 1st consolidation range around 15k dollars -We can say the 17k dollar range is the next strong resistance area -I don't...

PolarHusk

💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -Bitcoin is likely forming a small triangle near a 16k area -Currently, it is trading above the previous resistance zone last November 6-9 trading -We can see the 50ma 4hr dynamic support is approaching the price -This will help BTC to consolidate in the short term -The market trend is up so priority trade is...

PolarHusk

💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -After the recent breakout above 16k dollars -Bitcoin found strong resistance at the 16.5k zone -The price is now pulling back to previous resistance -This is a good pullback area if BTC can flip to new support -It is also crucial for Bitcoin because this will decide its next move -If you are taking this pullback...

PolarHusk

💎Technical Analysis Summary💎 BINANCE: CVCUSDT -CVC did a good bounce at 0.084 support but failed in the mid-Fib resistance -If this 4hr candle closes red, chances to retest the lower support will increase -We might see another potential bounce at the 0.084 area provided there is buying strength -Please watch the market closes before placing your buy...