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HIGHUSDT.PS trade ideas

HIGH SCALP LONG m15Highstreet World is a commerce-centered metaverse, decentralized and built on an MMORPG game where brands, both traditional and crypto, can use our Merchant Portal to seamlessly integrate and build their presence in the digital world. From day 1, Highstreet strives for interoperability and already have major thought leaders from exchanges like Binance, Chains like Avax, to funds like Republic and Animoca integrated with our Metaverse as a Service layer. 1:7 RR
Long
by kmiarka
3
HIGH found support and ready to pumpSupport Level (Entry Point) : Around 6.354 USDT. This level has been tested and appears to hold, indicating buying interest around this price. Resistance Levels : There are multiple resistance levels: 6.779 USDT | 7.107 USDT | 7.139 USDT | 7.612 USDT Recent candlesticks show some bearish pressure with the price retreating from recent highs, yet finding support around the 6.354 USDT level. Price Targets: 1. Immediate Target : 6.779 USDT, which is the first resistance level after the current support. 2. Secondary Targets : 7.107 USDT and 7.139 USDT. If the price manages to break through these levels, it may reach the next significant resistance at 7.612 USDT. Bullish Scenario : If the price respects the current support level (6.354 USDT) and bounces back, we can expect a retest of the resistance levels mentioned above. Bearish Scenario : If the price breaks below the support level, the next potential support would be the previous low, which is around 6.000 USDT.
Long
by Z4F4R
HIGH is super bullishAccording to the waves we have on the chart, HIGH seems to be creating a big triangle. Wave A, B, and C are over. Wave C appears to have been a double hybrid correction. Now we seem to be in the bullish D wave of this triangle. It can explode while maintaining the green range. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
3
Get $HIGHHi guys! 👋🏻 🔔 Highstreet has been recovering after a slide to its historic lows. The metaverse has recovered after several notable partnerships and looks to continue its progress in partnering with Web2 corporations. 🔔 RSI, MACD and this rising wedge signal an upcoming slide towards the next support at $3.8 - $3.5. Watch these levels closely. 🔔 The cup is there, waiting for the handle to be formed. When the pattern is completed, the next resistance will be at $7.8. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
Long
by azizelliott
HIGHUSDT.1DExamining the 4-hour chart for HIGH/USDT, let's delve into the details: Key Resistance and Support Levels: Resistance 1 (R1): The chart does not specify the value, but it seems to lie slightly above the current trading price, potentially near recent highs. Support 1 (S1): Again, the exact level isn't specified, but it's marked on the upward trend line. A breach below this could signal a reversal of the current trend. Support 2 (S2): $3.653 - This level might serve as a lower boundary of the trading range if a downtrend confirms. Support 3 (S3): $2.986 - A significant fall below S2 could see prices testing this next critical support level. Technical Indicators: Relative Strength Index (RSI): The RSI at 52.54 is just above the neutral 50, indicating slight bullish momentum but not particularly strong. Moving Average Convergence Divergence (MACD): The MACD is below the signal line, and the histogram values are negative, suggesting bearish momentum is currently prevailing, though it appears to be weakening as the histogram bars are small. Trend Analysis: The price has been following an ascending trend line, supporting the price on pullbacks and indicating an upward trend. This trend line is crucial as a guide for the continuation of the bullish sentiment. Conclusion: The current market condition for HIGH/USDT on the 4-hour chart shows a market at a potential turning point. With the RSI near neutral and MACD indicating a bearish momentum, traders should be cautious. The adherence to the ascending trend line will be critical in determining future movements. A hold above this line could see attempts to test R1, while a break below might see the price fall towards S2 and potentially S3 if bearish pressure intensifies. For trading, consider setting up buy orders near the trend line with stops placed just below to catch potential rebounds while managing risks. Conversely, if the price breaks the trend line decisively, it might be prudent to look for short opportunities towards S2 or S3, keeping an eye on any change in momentum indicated by RSI and MACD for potential exit or entry adjustments.
Short
by MarsSignals
High Is Ready To Jump High**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions. 2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action. 3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis. 4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns. 5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses. 6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions. **Disclaimer for Crypto Trading:** Trading cryptocurrencies carries inherent risks, and it's important to understand the following: Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses. Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky. Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices. This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets. By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.
Long
by MoonTradingForecast