$HIGH Price Urgent Update:

it's been a very rough and tough time for $HIGH but the recent dump was a very big opportunity to buy high at very low price and that recent dump also indicated a bullish momentum to come. As the price of high pumped from 1.386 to 1.589 which shows a recovery sign but to me more precise or accurate analysis let's continue to the technical analysis.

According to the 15 minute time frame high is in a consolidation phase but the good good things is market is making higher high and lower low which is a very positive sign for bullish momentum.

Market on the 15 minute time frame is little bit above the Moving Average of 9 and 18 days which indicates a strong recovery sign and a momentum towards upside.

Here comes the Exponential Moving Average of 50 and 100 days on the 4 Hr Chart is highly positive and near to make a golden cross which indicates a very strong bullish reversal.

Relative Strength index ( 7,20,50 ) are in the over sold territory which is also a very strong sign of bullish market reversal because when ever market is in the oversold territory many big whales are interested to buy which surges the price to its high point.

NOTE: Trade with Caution