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HIGHSTREET/USD TETHER PERPETUAL SWAP CONTRACT

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HIGHUSDT.P trade ideas

Highstreet (HIGH) - Easiest long trade.. ..since long trades were invented. Basically it is free money. On above 3-day chart price action has corrected 80% since 20 days ago! Market participants have capitulated. Take advantage. Previously price action has corrected to confirm support on past resistance. Sure it will break if it is meant to this time, but not right now. That is what makes this an easy trade. Look left. The previous two support confirmations resulted in bounces of 50% and 100% (growing), respectively. On this bounce sellers are absent, which will make for a stronger support confirmation than the previous two. How can I be so sure? Experience laddie and ladets. Zooming in down to the 18hr chart we can see all oscillators are now recording bullish divergence (black circles). Divergencies that were just as strong when the market was bearish. This time on the reversal. Is it possible price action correction further? Sure. Is it probable? No. Ww 18hr
Long
by without_worries
10
HIGHTUSDT.4HReviewing the HIGH/USDT chart on a 4-hour timeframe provides a comprehensive look at its recent trading activity and hints at potential future trends. The chart displays a significant downtrend followed by a recent consolidation phase, suggesting a possible change in market sentiment. Key Observations: Price Movement: The price has undergone a steep decline since mid-June, bottoming out near the $0.959 mark, which now serves as a major support level (S1). After hitting this low, the price action has shifted into a consolidation phase, indicating a potential stabilization or base formation. Resistance Levels: There are marked resistance levels at $1.717 (R1) and $2.087 (R2). The price has recently shown attempts to recover, touching and retreating from R1, suggesting this is an immediate hurdle for any bullish momentum. MACD Indicator: The MACD line is currently above the signal line but very close, suggesting a potential bullish crossover. However, both lines are near the zero line, indicating a lack of strong momentum either way. RSI Indicator: The Relative Strength Index is currently just below 60, which indicates a slightly bullish momentum but still far from being overbought, providing room for potential upward movement if buying pressure increases. Technical Analysis and Conclusion: The recent stabilization and attempts to push towards R1 suggest that the market might be absorbing selling pressure and could be preparing for a bullish reversal. However, the resistance at $1.717 remains a significant barrier that needs to be broken convincingly for a sustained upward move. The next target after R1 would be R2 at $2.087, but this would require substantial buying momentum, which is currently not evident from the MACD. Trading Strategy: Given the current market conditions, a cautious approach would be advisable: Bullish Scenario: Should the price convincingly break and hold above R1 at $1.717, it could present a buying opportunity with R2 as the next target. Traders should consider setting a stop-loss just below R1 to protect against potential pullbacks. Bearish Scenario: If the price fails to breach R1 and starts turning downwards, a retest of the support level at $0.959 could be likely. Traders might look for short selling opportunities if the price breaks below the support with a stop-loss just above the most recent high. Investors should closely monitor the volume and other market indicators to confirm the strength of any breakout or breakdown before making significant trading decisions. Always ensure to use risk management techniques to mitigate potential losses.
by MarsSignals
Trading Signal For HIGHUSDT Trading Setup: There is a Trading Signal to Buy in HIGHUSDT Highstreet Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 1.480 ⭕️SL @ 0.915 (-51%) 🔵TP1 @ 3.166 (+64%) 🔵TP2 @ 4.710 (+143%) 🔵TP3 @ 7.600 (+293%) What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
$HIGH / USDt pair 45%+ possible gainHello traders, This coin has been performing so well up until few days ago. After Btc's crash it was still fine but all of a sudden it crash badly. Of course this was expected but Leveraged short traders take this correction up a notch. I was not invested in High coin during the crash however one needs to think twice when going short at these levels. It is already down more than mage 68%..During the crash there was absolutely no correction on a daily frame. Expected bounce will be more than %45+ and will be very quick. Going short at the bottom $3+ levels is exactly same as going long at the top $8+ levels. You could lose your position in a matter of minutes and also one needs to consider spot buyers. Do you want to destroy these people and their dreams so you can make a bit more $$. Big short players already got rich . Sometimes enough is enough! And most importantly there is the moral part of the story as well. It could be you or me one day! Karma always finds us one way or another. I learn this in a hard way with Luna example. Speaking of which selling is slowing down and volume is going down accordingly. We should at least see good bounce back towards $4.5-$5 range anytime soon!
by SpaceCatZ
38
Highstreet (HIGH)On the above 4-day chart price action has corrected over 75% since the long idea published earlier this year topped out. Now sellers using emotions have provided you with a 2nd opportunity to go long. Why? 1) You know why.. The same conditions as before. 2) Price action resistance breakout. 3) Support and resistance. Price action returns to past resistance. Look left, green squares. Is it possible price action could fall further? Sure. Is it probable? No. Ww Type: trade Risk: <=6% of portfolio Timeframe: Now Return: Will say elsewhere
Long
by without_worries
49