$TIA Celestia 65% Retracement Completed...
$TIA. Celestia rose to a height of over $21 and has recently done about a 65% retracement to form a Inverse Cup and Handle Pattern.
Current price: $7.7
The inverse Cup and Handle pattern is usually a bearish pattern, so there's a possibility that Supports around $5 can be retested!
In bullish territory, it is signalling retracement complete and is ready for higher prices:
UP Resistances: 9.0, 11.1, 13.8, 15.9, 18.0, 20.3, up to price discovery 29
Long Invalidation under 7.2
Current price: $7.7
The inverse Cup and Handle pattern is usually a bearish pattern, so there's a possibility that Supports around $5 can be retested!
In bullish territory, it is signalling retracement complete and is ready for higher prices:
UP Resistances: 9.0, 11.1, 13.8, 15.9, 18.0, 20.3, up to price discovery 29
Long Invalidation under 7.2
Comment:
Invalidated!!!
