HIGHUSDT trade ideas
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.
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
high long setupALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
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.
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.
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.
High coin may aim higher.The bollinger band high is also the resistance of the downtrend.
If it can break up both, the rise could be very fast.
* What i share here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose all your money.
✴️ Highstreet High Targets (345% Profits Potential Or Higher)Highstreet is now on a long-term growth trajectory, the bottom was hit December 2022.
This pair, HIGHUSDT, is now looking really good.
Everything that has been happening for the past 16 months produced a very strong bullish chart.
➖ Last week produced a full green candle with really high volume. This same candle also broke a long-term resistance based on a continuation pattern. These are strong bullish continuation signals.
It is all pretty clear if you ask me: First you see red, then you see green.
You can find the targets clearly depicted on the chart.
👉 The current peak is set at 345% potential or $14.45 —but there can be more, much more... If one can buy and wait (hold/wait patiently until the market rises and is time to sell).
Namaste.
#HIGH/USDT breaks the PWH $3.265 support level#HIGH/USDT breaks the PWH $3.265 support level and heading towards a retest of the Diagonal Trendline in 4-Hour TF!
AMEX:HIGH needs to hold the trendline to gain bullish momentum. Otherwise, it will retest the PMH $2.59 support level.
Wait for a bounce to long or breakdown to short
#HIGH/USDT - Long - Potential 36.10%Strategy: Long
Exchange: BINANCE
Account: Spot
Entry mode: Market order in range
Invest: Risk 1%
Exit:
• Target 2 : 3.506 35.68%
• Target 1 : 2.785 7.78%
Entry: 2.584 ⌁ 2.584
• Current market price: 2.584
Stop: 2.087 (-19.23%)
Technical indicators:
Risky play but I like that rejection wick. Big volume spike pushed us through the 2.590 resistance.
• ⎿ 24h Volume: 51076826.297817
• ⎿ Satoshis: 2.584
• ⎿ Analysis: TradingView
HIGH/USDT Primed for a Bullish Rally? HIGH Analysis 💎Paradisers, let's examine #HIGHUSDT, which is showcasing significant market activity and is on the verge of retesting the ascending channel's support.
💎Currently, #Highstreet is advancing towards the ascending support from within the demand zone. There's a notable chance for the price to rebound from this zone and propel its way upward, aiming for the bearish Order Block (OB) as its next checkpoint.
💎However, if AMEX:HIGH does not muster the strength to rebound and instead falls beneath the demand zone, we might see a withdrawal to the Bullish OB area around the $1.33 mark, where it could find fresh impetus for another ascent.
💎The Bullish OB zone has historically been a key launchpad for significant market recoveries upon engagement. Yet, a failure to sustain this zone, indicating a shift towards bearish momentum, may necessitate a new bullish course from a further reduced position.
💎In case #HIGH doesn't leverage the momentum from this or any subsequent level, a continued decline may ensue. Rest assured, your ParadiseTeam is on standby, ready to shepherd you through these fluctuating market conditions.