PolarHusk

PolarHusk

💎Technical Analysis Summary💎 BTC/USDT -My previous update last December 23, expecting the bulls to hit push 52k dollars -But as soon as the price entered that region, the bears acted defensively -We saw two bearish rejections and finally the bears manages to bring the price down -Today, Bitcoin is retesting its key level of support which is not a good sign...

PolarHusk

💎Technical Analysis Summary💎 BTC/USDT -The bulls may have found support on the weekly key level -The 45k region acted as new interest for the buyers -Also, the confluence of 50W Moving Average may have added defense -Most likely, Bitcoin is safe for the next few days -Potentially consolidate at current market price and form any bullish pattern -On the other...

PolarHusk

💎Technical Analysis Summary💎 BTC/USDT -Bitcoin finally broke above the trendline resistance -on the 5th retest, the strong resistance has been a breach -But before this strong move of BTC, there is a double bottom pattern -BTC bounces twice at 45k support region and pushes as high near 50k -If we want to see the bulls continue, the current price level must...

PolarHusk

💎Technical Analysis Summary💎 KCS/USDT -KuCoin token has still held above previous resistance for 15 days now -Respecting the important EMAs19/23 as the candles close above this moving averages -This is technically a good sign because the old resistance may flip into new support -Since BTC is moving in range for the past few days, the KCS coin has the potential...

PolarHusk

💎Technical Analysis Summary💎 BTC/USDT -From the BTC update yesterday, the price retested the horizontal support again -This is not good because the support gets weaker over time -We could see another bounce reaction here or consolidate a bit -Before deciding another move, technically, this price action is bearish -Still, be cautious everyone, especially the...

PolarHusk

💎Technical Analysis Summary💎 BTC/USDT -Bitcoin on the short term view is showing a bearish price action -The price is respecting the downward trendline resistance and EMA 23 -We can also see a horizontal key area of support around 46k dollars -If the new 49k resistance level is unable to invalidate in the coming days -BTC might retest the flat support zone for...

PolarHusk

💎Technical Analysis Summary💎 KCS/USDT -Despite the recent BTC downward action -KCS remains above the daily Fib 0.5 level -Also, looking at the higher time frame 3Day period -The price respected the fast-moving EMAs 19 & 23 -The previous swing top last April 10 still acting as support -The priority for this coin remains to the upside -Provide the current...

PolarHusk

💎Technical Analysis Summary💎 BTC/USDT -So far, Bitcoin respects the 200D Moving average and Fib 0.786 level -This area for me is the last bullish oppurtunity for the buyers -If the bulls can not defend this region, expect a much longer downtrend -I have plotted a potential bullish channel from the daily swing top -If we can see a reversal pattern within the...

PolarHusk

💎Technical Analysis Summary💎 KCS/USDT -My last update on this coin last November 30 hit the top resistance -But due to BTC big move, the price drop and retested the daily support area -With the confluence of Fib 0.5 which acted as a bounce area twice in a row -Technically, this coin remains bullish as the price still holding above 50D MA -If you are taking...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -My previous update last November 30 has failed -Bitcoin drop down to its weekly key support area -The price also retested the 50week Moving Average -And currently, we can see the BTC is reacting to this level -A massive -30% flash crash hits my stop-loss of a few trades I opened -The good side though I'm following strict...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Despite the recent -10% move of BTC last Friday -Today, the bulls have managed to regain back above 58k dollars -This is good news because the key area is being respected -We have the previous resistance last September 7, Fib 0.5 and 100D Moving Average -These multiple key factors drive the price back up the previous...

PolarHusk

💎Technical Analysis Summary💎 KCS/USDT -On November 25th, KCS tried to break the recent ATH level -But due to Bitcoin's downward movement of at least -10% -The attempt to hit a new level has failed -The good side though is still bullish -Since the important EMAs are respected to date -If the overall market will remain stable next few days -I expect KCS to...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin may have found support near Fib 0.5 level -We can see the price reacted to this region and a bounce is happening -If we plot a descending channel, the price could test the resistance at 60k dollars -And if a bullish breakout of this channel, we could expect much higher price targets -If we see a good move above,...

PolarHusk

💎Technical Analysis Summary💎 KCS/USDT -Not much update for the KCS coin as the price is trading in a range -Currently, the EMA23 is still being respected with the confluence of Fib 0.382 -If we can see a strong move above 25 dollars in the coming days -That could signal an uptrend continuation and potential new ATH levels -For now, the market is calm and...

PolarHusk

💎Technical Analysis Summary💎 BTC/USDT -Bitcoin may have reacted bullishly just above the Fib 0.5 level -This zone is a confluence of mini S/R flip last October 13 trading -I have plotted a potential descending channel coming from the swing top -If BTC forms any bullish reversal pattern within this bullish Fib area -In the coming days or weeks, we can expect...

PolarHusk

💎Technical Analysis Summary💎 KCS/USDT -First of all, BTC broke bearish down to 55k dollars today -Most altcoins are affected by this downward move -But this KCS coin showed strength and still respected the EMA23 -This moving average is a confluence of Fib 0.382 level -That could be a good oppurtunity for the Bulls to re-enter this market -For now, there is no...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin failed to hold the immediate support area at 63k dollars -After a sharp drop down to 58k dollar, the next potential support range -This fast move by Bitcoin suffered most of Altcoins and I got stopped of my trade -The market is not good recently so I didn't put heavy on this position -BTC is technically bearish in...

PolarHusk

💎Technical Analysis Summary💎 KCS/USDT -KuCoin Token is technically respecting the EMA19 on the 12H timeframe -The Bulls are always buying the pullback oppurtunity every time the EMA19 is hit -Currently, there is a short term consolidation with support at 21 dollars and resistance at 25 dollars -If this pattern breaks above the 25 dollar ATH price, the next...