PolarHusk

PolarHusk

💎Technical Analysis Summary💎 XRP/BTC -XRP recently broke out of its mid-term consolidation last month -Today, a new consolidation range is building up -If the overall market condition turns good in the next few days or weeks -And XRP forms a bullish continuation pattern -The chances for this coin to move higher increases -I will keep an eye on this

PolarHusk

💎Technical Analysis Summary💎 BTC/BUSD -Bitcoin is rejected for the 3rd time by 100MA & 50MA on the daily time frame -Price action is technically bearish with the confluence of the descending trendline resistance -This trend line is also respected 3 in a row and the price is back at the critical support region -The price is nearing the apex of this triangle...

PolarHusk

💎Technical Analysis Summary💎 BTC/USDT -Bitcoin is rejected by the 100D-Moving Average last week -And the price is back at the key support area around 18k dollars -This is technically not looking in the daily timeframe view -The support becomes weaker over time if the Buyers are unable to bounce up -If this support zone fails, expect a 16k dollar Bitcoin is...

PolarHusk

💎Technical Analysis Summary💎 BTC/USDT -Bitcoin confirms support of the previous 2017 ATH resistance level again on the weekly candle -This is technically good for the next few weeks of trading because we now have a good support area -If BTC can sustain another follow-through from the buyers, the next resistance target is up to 25k dollars -Many altcoins have...

PolarHusk

💎Technical Analysis Summary💎 BTC/USDT -Bitcoin may have found temporary support at a previous key area of around 19k dollars -The bulls are slowly trying to push the price up but will certainly hit a trendline resistance -If the buyers can break this trendline, we could expect this move down can end at least -But expect longer consolidation between previous...

PolarHusk

💎Technical Analysis Summary💎 WABI/BTC -After months of daily consolidation, WABI manages to break the critical resistance level -Multiple green candles above the resistance area is a bullish confirmation -This move is followed by solid volume before and during the breakout phase -If the buyers can sustain their momentum in the next few days -The potential...

PolarHusk

💎Technical Analysis Summary💎 BTC/USDT -Bitcoin has been printing daily red candles for 6 days straight now -Today, the price is now testing its immediate support level -With the confluence of previous mini consolidation and previous resistance -If we are going to plot an upward trendline, BTC is just right at the potential support -If Bitcoin can manage to hold...

PolarHusk

💎Technical Analysis Summary💎 BTC/USDT -After the profit-taking or rejection at 24k dollars last July 20 -The BTC price retested the 20k region and was able to generate new buying strength -Bitcoin today is finally showing back momentum and is most likely to test its recent high -Altcoins are following the decisive move of Bitcoin which is a perfect sign -Now,...

PolarHusk

💎Technical Analysis Summary💎 BTC/USDT -The Bitcoin bulls are trying to push the price up again above 22k dollars -This area has been tested 3 times in the past 30 days but no luck -If the bulls will fail today, they must hold the immediate support at 21k dollars -Otherwise, we might see another retest of bottom key support at 18k dollars -Technically, BTC is...

PolarHusk

💎Technical Analysis Summary💎 KCS/USDT -The daily timeframe is showing a little good sign in terms of price action -The bulls are forming a series of Higher Lows while testing an area of resistance -I'm expecting this triangle will somehow decide its market direction in the next few days -If the buyers can takeout and hold above 10 dollars, then that would be a...

PolarHusk

💎Technical Analysis Summary💎 BTC/USDT -Bitcoin has been moving sideways for the past few weeks already -Respecting both the resistance area around 22k dollars and support at 19k dollars -As a result, Altcoins are unable to sustain a good upside rally to due this type of condition -Previous consolidation last May to June has been a bearish downside move -Will...

PolarHusk

💎Technical Analysis Summary💎 BTC/USDT -Bitcoin bounces from 18k dollar region or previous trading action on candle body closed -But faces rejection at EMA-23 with a long red wick candle with 7+ hours remaining before closing -If we are going to plot a trendline we can see a potential triangle pattern until the 2nd week of July -We might expect BTC to play...

PolarHusk

💎Technical Analysis Summary💎 KCS/USDT -We know BTC has been moving downwards for the past few weeks or months now -All Altcoin are following the same path as Bitcoin and KCS is one of the samples -By looking at the daily timeframe of KCS, we can say a new base of support is being established -Now, on the bearish side, a trendline of resistance is likely to play...

PolarHusk

💎Technical Analysis Summary💎 BTC/USDT -Bitcoin is back at its daily key support area today -In terms of price action, this is technically bad because the support gets weaker -We can see this area has been rested multiple times since early May or a few weeks back -Now, the bulls are trying to defend this region again and the bears can look for another...

PolarHusk

💎Technical Analysis Summary💎 KCS/USDT -The EMA19 acted resistant last week and currently creating pressure downward -The weekly key support area is being retested at around 15 dollars -This is technically not good in terms of price action because the bulls might get weaker next time -Also, Bitcoin on the other hand is following the same path which creates more...

PolarHusk

💎Technical Analysis Summary💎 BTC/USDT -Bitcoin has been trading sideways for the past two weeks now -Short term resistance at 31k dollars and support at 28k dollars -Using the EMA19, the price respected this resistance from April 20 until it breaks support -If the previous history repeats itself, a potential rejection and a daily bear flag might be in...

PolarHusk

💎Technical Analysis Summary💎 KCS/USDT -This time, we are looking at the weekly time frame to provide a short term view -KCS coin is respecting the 13 dollar key area which has a confluence of previous mid-resistance last April-September 2021 The price bounces off from this region twice from January 17 and recently last May 9. -The bulls manage to trade above...

PolarHusk

💎Technical Analysis Summary💎 BTC/USD -Two consecutive red monthly candles for Bitcoin as the major support area are being tested -Though we can see a buying movement by the bulls around 25k dollars pushing the price up almost 20% -But we still have 17 days left before this monthly candle closes so we can still expect a lot of volatilities -As the bears continue...