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TIAUSDT trade ideas

TIA Posts 6% Gain as Breakout Pattern Emerges on Its ChartsBINANCE:TIAUSDT dropped below the $15.6115 support level during yesterday’s trading session to reach a low of $13.8700. Since then, TIA has recovered to trade above the significant price point. As a result of the recovery, the altcoin is currently attempting to overcome the upper boundary of a negative price channel. Should it successfully escape this range, it may then attempt to flip the resistance level at $17.4010 into support. A daily candle close above this threshold could lead to the Celestia price rising to the subsequent barrier at $18.7680 in the short term. This bullish thesis may be invalidated if TIA breaks below the $15.6115 support level in the next 48 hours. In this alternative scenario, the altcoin may be at the mercy of the descending channel once again, and stands the risk of falling to $12.7390 in the following few days as a result. Traders and investors will want to note that a symmetrical triangle pattern has formed on TIA’s daily chart over the past 2 weeks. This specific pattern suggests that a breakout may be in the cards for the Celestia price. A Potential Change in Momentum Technical indicators on TIA’s daily chart are currently neutral, and give no clear indication of which direction the potential breakout will go. However, the Moving Average Convergence Divergence (MACD) indicator shows that TIA’s negative trend is cooling down in intensity. This is evident in the leveling off of the MACD histogram’s slope. At the same time, The Relative Strength Index (RSI) shows that bulls are starting to slowly re-accumulate their strength against sellers, as the RSI is closing in on its Simple Moving Average (SMA). Should these two lines intersect, it may be a strong bullish sign that buyers will begin to boost the Celestia price.
by StevenWalgenbach
PriceAction Unleashed! (TIA)📊Analysis by AhmadArz: By strategically employing the priceaction approach, I meticulously analyzed the TIA cryptocurrency, decoding its fluctuations on both sides of the chart, and effectively signaling potential trends and market movements. 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
by ahmadarz
TIA/USDT Breakout the Bullish Flag. Ready to make new ATH!💎 TIA has recently achieved a breakout from the Bullish pennant pattern, marking a new all-time high. Presently, the chart indicates that TIA is undergoing a retesting phase at the resistance trendline. This retesting phase is crucial as it could probability lead TIA to extend its upward trajectory towards the maximum target area outlined by the pattern. 💎 However, should TIA retreat back to the trendline area and demonstrate an inability to sustain above it, this could signify a false breakout. In such a scenario, the likelihood of TIA reverting to a downward movement towards the support area increases. This potential reversal would indicate that the breakout momentum has not been sufficiently strong to maintain the upward trend. 💎 The key for TIA in this phase is to showcase a strong bounce off the resistance trendline and reclaim it as support. Such a move would reinforce the bullish outlook and could pave the way for continued upward movement. On the other hand, failure to achieve this bounce and reclaim the resistance could result in TIA shifting into a downward trajectory, with the support area becoming its next critical stop.
by MyCryptoParadise
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