PolarHusk

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...

PolarHusk

💎Technical Analysis Summary💎 ETH/USD -Ethereum found its key support around 2.7k dollar zone -With the help of confluences like S/R level, Fib 0.618, and EMA23 -If ETH can hold above 3.4k this week, it will likely retest 4k soon -The uptrend is not yet over, it is just consolidation at the high area -As long as the Bulls can maintain above 3k dollar zone -The...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Bitcoin is looking good today after a bullish retest on the S/R level -The chances to retest the 53k recent swing top is highly probable now -If BTC reaches the 53k level, we will have to observe for any price reaction -If the price will go higher or faces rejection because the sellers might re-enter -There is always a risk...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -The bulls showed their strength back after confirming the 40k dollar new key support -The 40k dollar zone is a confluence of multiple factors like the S/R level, 50W MA, Fib 0.618 -This weekly candle is about to close in 3 hours, if this one closes above 46k that is a good sign -A potential upside continuation up to its...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Finally, the bulls showed up after a double bottom reversal pattern is confirmed -This pattern is also a confluence of a descending bullish channel -Which is trading in the key area of interest around the 40k dollar zone -Currently, BTC is testing the mid resistance level at 48k dollar -If the bulls will continue to go...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Every time the price goes above 44k dollars, the bears always enter the market -We can see two downward trendline resistance which is acting heavy in the short term -The only good thing right now is BTC is holding the Fib 0.5 and 100D moving average -We will soon see a breakout direction within this week either up or...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -The previous support area has turned resistant today -This zone is a perfect entry for the sellers to enter the market -Another lower high structure is being painted by the Bears -The Bulls needs a lot of work to do, they need to defend its recent mid support -If the buyers can hold the 40k dollar area and bounces up like a...