PolarHusk

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin is rejected near the 70k dollar psychological level -An ugly -9% move hitting my swing trades stop-loss location -Most altcoins are affected with this move recently invalidating some bullish structures of altcoins -But looking at price structure, BTC reacted at previous local resistance at 63k dollars -This level...

PolarHusk

💎Technical Analysis Summary💎 KCS/USDT -KuCoin Token broke out of the strong key resistance level in January 2018 -But before the ATH happened, KCS formed a bullish triangle pattern on the weekly time frame -During the pattern consolidation, the price respected the EMA30 at least 3 times -Until the mid resistance 15 dollars is broken upwards and 20 dollar ATH...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin respected the EMA 23 and Fib 0.236 from my last update -A strong entry by the bulls and the price is back above 66k dollars -If BTC breaks into new ATH, the Fib extension are the potential targets -But if a failure to break 67k dollars, a test of 63k dollar support is likely -The price action is bullish again and...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Not much update today, Bitcoin is retesting its local support around 60k dollars -As long as the bulls can maintain above this region with the confluence of Fib 0.236 and EMA23 -The chances to form a bullish pattern is still in play in the coming days -Regarding the Altcoin space, I have opened new positions since my...

PolarHusk

💎Technical Analysis Summary💎 ETH/BTC -Ethereum set new weekly key support area around 0.060 BTC -This is an important level to be watching in the coming weeks or months -For now, ETH is strongly bouncing up to retest its weekly key resistance near 0.080 BTC -As long as the BTC Dominance value keeps decreasing this month -Expect this ETH pair will likely test...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin finishes the monthly candle of October above 58k dollars -That is a strong bullish green candle and hit a new ATH price -Very interesting month of November for the crypto space -If the overall market condition turns out well this month -We could expect a good run for the Altcoins again -I'm holding new positions in...

PolarHusk

💎Technical Analysis Summary💎 ETH/USD -The bullish weekly cup and handle pattern is confirmed -New ATH for Ethereum today breaking above 4.4k dollars -If ETH can maintain above 4k dollar and break above 4.5k -The next potential resistance target is 5k dollars using Fib extension -Let us all enjoy this new milestone for this second-largest cap altcoin -Regarding...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin respected the Fib .382 level and manages to hold above EMA 23 -This is a strong bullish sign in the short term price action -BTC might be also forming a bullish descending channel -If the buyers can hold above 59k dollars until next week -And we see a good breakout of this channel with decent volume -We could...

PolarHusk

💎Technical Analysis Summary💎 Bitcoin Dominance -BTC Dominance value hits the weekly key resistance level again -It reacted to this level for the 3rd time with a red weekly candle -If this rejection continue to go deeper and retrace to 40 levels -I'm expecting a good month for the Altcoin this November -All provided if Bitcoin price action remains stable or form...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Not much update for Bitcoin today -Currently testing the previous resistance level -We can see the price is reacting to this horizontal support -If the Buyers can sustain above this 59k dollar support -Consolidate and form a potentially bullish pattern in the daily timeframe -The chances to print another ATH price is...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin hit a new ATH recently but seems like a minor profit taking oppurtunity for others -The price is now testing the 60k physiological support level and previous resistance area -If BTC will consolidate within this support area and hold this level for a few days or weeks -Then, another potential to break into a new ATH...

PolarHusk

💎Technical Analysis Summary💎 ETH/USD -After holding 3.6k dollar key support last week, finally able to break its swing recent top -ETH is now trading again above 4k dollars and it's ready to consolidate near the ATH level -Today, also, Bitcoin broke into a new price at reaches as high as 66k dollars -For Ethereum, if it can hold its immediate support region...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin printed a new All-Time high and is trading above 65k dollars today -The price respected the 50W moving average since its correction phase -Since BTC is now at a new level of trading, price discovery is likely to happen -We can use fib extension to potentially look for taking profit zone can be -But for now, let us...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin is back above the 60k dollar and hitting as high as 62k dollars -Only a few percentages away from making a new All-time high price -The bulls have shown a strong move up since the breakout of 58k dollars -For now, if BTC can hold above 58k as an immediate support area -The chances to test the ATH level in the...

PolarHusk

💎Technical Analysis Summary💎 ETH/USD -Ethereum finally broke its mid resistance area after 37 days -One of the early signs of strength before the breakout is EMA19 is respected -With the help of Bitcoin's recovery from 53k up to 57k dollars today -Now, if BTC will remain stable or sideways in the coming days -I think ETH will likely test its recent swing top at...

PolarHusk

💎Technical Analysis Summary💎 TRX/USDT -After a good bounce from EMA23 two weeks ago -TRON is likely to retest its weekly key area of support -Due to BTC Dominance increasing value these few past days -Many altcoins are pulling back from their recent gains or lows -But looking at the long term view for TRX -As long as this EMA and a key area is holding -There...

PolarHusk

💎Technical Analysis Summary💎 BTC.D -The Bitcoin Dominance value is retesting the EMA19 on the weekly timeframe -If the recent history will repeat itself, we could expect rejection and retracement back to 40 level -And during its downward movement, the altcoin space will experience good recoveries or upside rallies -For now, we can see the BTC Dominance is...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Finally, BTC broke above the previous swing top at 53k dollars -Most short players got their stop loss hit after hitting as high as 56k dollars -The Bulls are back in momentum but we will have a much better view once the weekly candle is closed -For now, our immediate support is the Fib 0.236-0.382 region with the...