SpyMk

HIGH Descending Channel! Daily Timeframe Analysis!

BINANCE:HIGHUSDT   HIGH / TetherUS
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 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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