π HIGH has been a standout in the market, currently in a pivotal retesting phase at the demand level, which previously acted as a supply area. Notably, HIGH has demonstrated a strong bounce from this demand level, indicating readiness to continue its upward journey.
π The LTF (Lower Time Frame) movement shows HIGH in a Bullish Flag pattern, and a successful breakout from this pattern could potentially attract more buyers, probability the coin towards our targeted strong resistance area.
π However, should HIGH struggle to break out of the Bullish Flag pattern, it might retreat to the demand area to gather new momentum for another attempt at an upward move.
π A critical scenario arises if HIGH fails to maintain its position at the demand level and breaks below it. Such a development would be concerning for HIGH's future trajectory, signaling a possible shift to a downward trend. This could lead HIGH back towards a more substantial support area.
π The LTF (Lower Time Frame) movement shows HIGH in a Bullish Flag pattern, and a successful breakout from this pattern could potentially attract more buyers, probability the coin towards our targeted strong resistance area.
π However, should HIGH struggle to break out of the Bullish Flag pattern, it might retreat to the demand area to gather new momentum for another attempt at an upward move.
π A critical scenario arises if HIGH fails to maintain its position at the demand level and breaks below it. Such a development would be concerning for HIGH's future trajectory, signaling a possible shift to a downward trend. This could lead HIGH back towards a more substantial support area.
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Follow a team of traders with 10+ years of experience?
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