PolarHusk

PolarHusk

ENJ/BTC ENJ went straight into the 200 Day MA, breaking above it and now back to 200 MA retest as support. It is not easy to say the 200 MA will hold because, during the pump, no support is built around the 200 MA. We will wait for more price action between this area of support in the coming days. It is not advised to buy this coin at this price point as it...

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BTC/USD Bitcoin broke the trend-line of support and currently fighting to get above 7400. If BTC will fail to hold this important level, expect the price to further drop to the previous Higher Low. Increasing bear volume is not looking good for Bitcoin as prices slowly dropping. 50 MA and 100 MA are acting as resistance now and adding more pressure to the downside.

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BTC Dominance BTC Dominance is in a critical area in which it may break bullish or bearish rejection. It is currently hitting strong resistance coming from the downward trend-line of force plus the 100 Day MA. Though the price is holding the 50 Day MA as support it is still unknown which direction it will go to. Best trading advice with this type of scenario is...

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NCASH/BTC NCASH went up 80% from 10 sats to 18 sats and now in a deep pullback. As long as it can hold this key area of support between 14-12 sats, There is a strong possibility to continue its uptrend in the coming days or weeks.

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DOCK/BTC DOCK has broken the 200 Day MA and trading above it for a couple of days now. As long as the price can hold this level longer, The more chances of moving up further and continuing this bull market trend.

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FET/BTC FET is currently struggling to break above the 200 Day MA and previous support turning into new resistance. Bearish RSI divergence is also adding stress for the price to move up further. If FET will unable to break this resistance within 24-48hrs, We could expect the price to pull back into the support area to accumulate more buyers to step in.

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ONE/BTC ONE may have a hit temporary top, a bearish divergence with the RSI adds a factor to this. If the top is set, I expect the price to a pullback in the 95-85 regions to get buyers to enter the market again and invalidate the bearish RSI divergence.

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WPR/BTC Market structure is bullish as price crosses above the 200 Day MA. It is currently in a healthy pullback within a range of support area. Expect the price to consolidate in the support zone for a couple of days before another leg up. This is the start of a bull market since the 50 MA crosses 200 Day MA.

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FTM/BTC FTM may have found temporary top or resistance and it's now due for a pullback to recharge its momentum. The market daily structure is still valid bullish as long as it can hold support the 50 MA plus 100 Day MA. Bull cross of moving averages is giving us the sign of Bulls in control of the current market trend.

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ETH/USD ETH broke outside the triangle pattern but not enough momentum to explode upside. Bulls may have little control of the 4hr trend if it can hold above 50 MA. I expect the price to continue its growth up to $170 if the price can hold this level for a day or two. A break below $146 will trigger bearish downside action.

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BTC/USD Bitcoin is about to retest the key area of support again if BTC can maintain this level in the coming day or two. There is a high probability of bounce will happen to test the resistance at 8000-8200 regions. 4hr TF structure is still valid and no red flags yet. This is the time for Bulls to show up and potentially change the daily trend.

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POE/BTC POE is about to reach the end of this triangle pattern, a breakout is likely to happen within a week or two. To provide higher chances of a bullish breakout, the price needs to hold above the 50/100 Day MA as these are a very important level of support. Currently, everything is looking great as the price keeps making a series of Higher Lows and...

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STORM/BTC STORM is currently on a pullback or short term down-trend. Price needs to close and break above 21 sats to confirm that the pullback is already over and the uptrend is ready to continue again. 50 Day MA is acting as support during this pullback for 4 days, also, STORM needs to hold this moving averages to keep the bull's momentum intact.

PolarHusk Updated 

POLY/BTC Polymath has been consolidating for 120 days and finally some early signs of bear weakness. Price has broken above the down-line resistance and trading above 50 Day MA. Multiple green volumes are seen for 4 days which tells us that buyers are starting to step in. A big move is about to happen in the coming days.

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XVG/BTC Verge closed the candle yesterday above 200 Day MA (bullish). XVG is starting to make a new move to the upside now since the Bulls have control of the market structure already. I see more growth to the upside in the coming days.

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FUEL/BTC Fuel made a nice pump last Nov 25 but got rejected by the 200 MA after a few days and went on a pullback. FUEL is back again trading above 200 Day MA, If he can close the day will be a bullish candle, we can say that the pullback is now over and will continue the uptrend again. New Higher Low is potentially ready to establish.

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BTC/USD Bitcoin bounce right at previous resistance now turned into new support, both 50 & 100 MA plus upward trend-line are acting as support too. If BTC will keep respecting this trend-line of support, expect the price to move higher up to 8000-8200 regions. Since the price is now outside the previous trend-line resistance, Bulls may have a little momentum to...

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MFT/BTC MFT may have found support at 12 sats, If Mainframe can hold 15-16 sats regions for a couple of days there is a possibility that the downtrend pullback is now over and the price will continue its uptrend in the coming days or weeks.