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HIGHUSD trade ideas

A "WOW" Moment for HIGHHighstreet - A very undervalued asset as of the moment. It has had its up's and down's, but nothing out of the ordinary in terms of Wyckoff. This is looking like a late bloomer, but the chart structure looks very attracting. *HIGH is an Ethereum token that powers Highstreet; a metaverse and multiplayer online game incorporating shopping, gaming, NFT's, and traditional brands. **Apart from realizing a two-way currency flow within physical and virtual worlds, Highstreet (HIGH) introduces a market where in-game items can be redeemed for real-life products. During gameplay, users have an opportunity to explore the metaverse, fight monsters and complete quests all the while acquiring goods that have both digital and real-world utility. When ETH starts showing strength against BTC, I believe this one may follow along very nicely. A lower movement to the 1.786 (.609) isn't off the table and perhaps something slightly lower. But it's looking like a secondary test (ST) in the making. Will be keeping an eye on this one... - Not Financial Advice - *coinbase.com **coinmarketcap.com
COINBASE:HIGHUSD
by TheGemHunter
HIGHSTREET Stock Chart Fibonacci Analysis 022225Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 0.94/61.80% Chart time frame: C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: A A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
COINBASE:HIGHUSD
by fibonacci6180
HIGH - Very attractive long term/shot Take Profit zones.Looking macro we see a beautiful setup on the horizon this year. We saw a100% gain over a 492 day period. Similar macro swing looks to be forming once again. My thought process was to plot another 492 days out which puts un end of October 2025 for a possible 100% Fibonacci correction with a gain well over 1500%.Even the first take profit is showing a 350%+ return. I plotted a 1-5 course to highlight the TP zones and a A-E course to finish the plotted path back to 100% Fib. As you can see this is a long shot/long term play. The risk is worth the reward given its low buy zone price. Way more upside potential than downside. As always NFA DYOR...best of luck to us all willing to take this trade. I will post an update when there is significant movement.
COINBASE:HIGHUSDLong
by GoldenRule365
LONG TERM BEARISH BUT BULLISH FOR SCALP...While the long-term trend has been bearish, recent price action suggests a buildup to a possible breakout. As an investor or trader, this could be a critical juncture. If the price breaks above the trendline and enters the resistance zone, it could be an aggressive buying opportunity, potentially leading to significant gains. However, it’s crucial to watch for confirmation of the breakout with high volume, which would add credibility to the bullish case. Remember, in trading, there are no guarantees, only probabilities, and it's important to manage risks accordingly. Heikin Ashi Candlesticks: Indicate a smoothing of price action. Suggest a bearish trend turning flat, possibly signaling a trend change. Trend Analysis: A prominent downward-sloping orange trendline is acting as dynamic resistance. The ascending blue line indicates higher lows forming, a sign of potential bullish sentiment building up. Support and Resistance Levels: The purple shaded area represents a strong resistance zone. A breakthrough above this zone could indicate a significant bullish momentum. Price Target: The chart suggests an ambitious price target, offering a 140% gain from the breakout point. Such a target requires aggressive buying pressure to be achieved. Market Cycles: Yellow semi-circles may represent the cyclical nature of the price action, hinting at periods of consolidation followed by potential breakouts. Volume: For the breakout to be credible, it should be accompanied by high trading volume. Risk Management: Despite the bullish setup, it is crucial to maintain strict risk management protocols. Ensure to look for confirmation before considering any trades. Breakout Confirmation: Watch for a decisive close above the resistance trendline with increased volume for a valid breakout. PRICE ACTION: EVERYTHING BELOW THIS LINE IS PRICE ACTION THOUGHTS: ================================================================ Early 2022 Bearish Trend: The price experienced a significant downtrend from the beginning of 2022, creating new lows. Mid-2022 Consolidation: Following the downtrend, the price action moved into a consolidation phase, marked by a range-bound movement. This sideways trading indicates indecision in the market. Late 2022 to Early 2023 Recovery: The market saw a recovery with the price forming a rounded bottom, which is often considered a bullish reversal pattern. The price broke past the moving averages, indicating a change in momentum. Moving Averages: The price has oscillated around the moving averages, which have served as dynamic support and resistance levels. The moving averages are converging, which might indicate an upcoming significant price movement. Recent Price Squeeze: Currently, there is a ‘squeeze’ indicated by the price contracting and moving within a tighter range. This is typically followed by a breakout in either direction. Potential Bullish Divergence: The higher lows in the price, coupled with the lower lows in some momentum indicators (not visible but commonly analyzed), could suggest a bullish divergence, often a precursor to a bullish trend reversal. Volume Analysis: The volume profile is not visible on the chart, but an increase in volume during price up-moves would validate bullish interest. Conversely, low volume during the recovery phase could question the sustainability of the uptrend. Psychological Levels: Round numbers and previous highs/lows will act as psychological barriers to price movement. The price needs to close above these levels to confirm bullish sentiment. Fibonacci Levels: If present, Fibonacci retracement levels from previous highs to recent lows can provide potential reversal zones. These levels often act as resistance in downtrends and support in uptrends. Elliot Wave Theory: The chart may suggest an Elliot Wave pattern forming, which if accurate, could help predict future price action based on trader psychology and market cycles. Pattern Recognition: Any recognizable chart patterns (e.g., head and shoulders, triangles, flags) could provide additional insights into potential breakout points and price targets.
CRYPTO:HIGHUSDLong
by osodatsismoso