HIGH SHORT IDEAHIGH just broke ascending triangle and according to current market sentiments it migh dump very soon.
ENTRY 4.40 - 4.60
TARGET 4.20, 4.00, 3.80, 3.50, 3.25
STOP 4.80
(THIS IS LOW LEVERAGE CALL)
HIGHUSDT.P trade ideas
Keep an Eye on HIGH! 📈 Bullish Breakout Alert! 🚀💎 Paradisers, #HIGH has recently broken out of a trendline and formed an inverse head and shoulders pattern, accompanied by CHoCH and BOS, indicating a bullish market structure.
💎If #HIGHUSDT manages to break above the resistance level, it would confirm the inverse head and shoulders pattern, potentially leading to a bullish move.
💎In the event of a pullback, we may anticipate a bounce from the demand level, although the probability of this scenario is relatively low, so caution is advised.
💎However, if the price breaks down below the demand level or falls below the right shoulder of the pattern, it would invalidate the pattern and be considered bearish. In such cases, it's advisable to refrain from immediate action and wait for clearer price action to emerge.
💎If you're new to technical analysis and feeling uncertain, don't hesitate to reach out via DM or comment below. I'm here to provide guidance and support.
HIGH/USDT SHORT!High USDT is a good short Opportunity, Expecting a Drop!
- Head & Shoulder
- Break of Neckline
- Retest
HIGH/USDT: Unleashing Bullish Potential in Falling Wedge Pattern💎 Hey Paradisers, take a look at the HIGH/USDT daily chart. It's forming a falling wedge pattern, which usually indicates a bullish trend. Currently, it's around the 1.101 demand zone. If it holds steady here and breaks above the upper trendline of the wedge, we might see a bullish trend ahead.
💎 What are we aiming for? We're keeping an eye on potential rises to resistance levels at 1.574. If the momentum keeps up, it could even reach 2.326 and 2.796. If you prefer cautious steps, you might consider entering after it breaks above the 1.574 resistance. This could confirm a strong bullish trend. Stay alert, ParadiseSquad!
XRP/USDT's Rising Wedge: Trade Alert for Potential Gains or Dips
💎 Paradisers, let's zoom into XRP/USDT. The asset has been tracing a rising wedge pattern for a while, adhering to both resistive and supportive trendlines. Interestingly, it's played a couple of traps during this phase and is currently hovering near the supportive trendline.
💎 If we witness an upward momentum from this point, potential bullish targets could be set at resistance markers of 1.344 and 1.374. On the flip side, a bearish scenario would need a dip below the demand zone at 1.231. If this breakdown occur, our sights would be set on the subsequent demand zones at 1.156 and 1.101.
💎Trade with caution and stay informed, ParadiseSquad!
HIGHUSDT longI think High has a good potential to jump up in Daily timeframe after cosilidation for a while. So, Long is favorable here.
Highstreet (High/usdt) Mentioned lvl below forecasting for upcoming mid term.
Idea only for knowledge purpose.
Do not take Or loss on the basis of idea please.
