HIGHUSDT trade ideas
HIGH Descending Channel! Daily Timeframe Analysis!Hi guys! if you saw this Technical Analysis! you will thank me later!
Based on this, HIGH is currently consolidating in this Huge Daily Descending Channel. Currently AMEX:HIGH is tapping the third time the resistance of this channel.
There are 2 scenario in my T.A
one, if HIGH breaks this resistance and make a S/R flip or flip the resistance. it will most likely pump and move based on the upward arrow above the resistance of the channel.
Second. Rejection at this resistance. then it will drop like the downward arrow down to the demand zone where you can buy a lot and the most time to buy. with that, it will make a huge bullish divergence ready to break the resistance of the channel for the fourth time!
Thats all!
Good luck!
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Trade responsibly
HIGHUSDT → Positive dynamics. Resistance retest HIGHUSDT makes an attempt to break through resistance after a long downtrend. A set-up is formed, which can turn the market around.
The price makes a false breakdown of the support at 1.633 and leaves the range, breaking through the downward resistance.
The coin enters a new range, the liquidity area of 2.060 may be the target.
Bitcoin is showing positive dynamics and thus altcoins are starting to revive.
On the daily chart the moving averages are acting as resistance and the price is testing the MA-200.
Strong support: 1.633, the previously broken wedge boundary
Strong resistance: 2.060, 2.598.
If the bulls manage to keep the price in the green zone versus the previously broken resistance, then the HIGH/USDT will continue on its way towards 3.000
Regards to R. Linda!
Highstreet (HIGH) forming bullish Gartley for upto 11% pumpHi dear friends, hope you are well and welcome to the new trade setup of Highstreet (HIGH) with US Dollar pair.
Our last successful trade of HIGH was as below:
Now on a 4-hr time frame, HIGH is about to complete a bullish Gartley for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
HIGHUSDT wants the breakout?HIGHUSDT recently bounced on the 0.786 Fibonacci level, indicating a potential reversal in the market. Additionally, on the 4-hour timeframe, an inverse head and shoulders pattern is being formed, which is a bullish signal.
An inverse head and shoulders pattern is a technical analysis pattern that typically forms after a downtrend and signals a potential trend reversal to the upside. It consists of three troughs, with the middle trough being the lowest, and the two outer troughs being higher. The middle trough is called the "head," and the outer troughs are called the "shoulders." The pattern is considered complete when the price breaks above the neckline, which is a level of resistance connecting the two outer troughs.
In this case, the market is creating an inverse head and shoulders pattern on the 4-hour timeframe, with the neckline at the 2.76$ area. If the price breaks above this level, it could signal a bullish trend continuation, and traders could look for new long positions.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
Buying HIGH here...risky oneTA and PA says buy. We have beautfiful bullish structure - rounding bottom or cup and handle is forming - both are bullish. Volume is there = whales are in and are interested in profits. We should trade with them to have profits. RISKY ONE so be careful and use stoploss.
NOT A FINANCIAL ADVICE + MANAGE YOUR RISK AND USE STOPLOSS