TIAUSDT: A Bullish Breakout or False Hope? Key Levels to WatchYello, Paradisers! Are we about to witness a massive bullish move in TIAUSDT, or will it break down and catch traders off guard? 😱 Let's break it down.
💎TIAUSDT has broken out of its descending channel and is in the process of forming a W pattern, which is increasing the probability of a bullish move.
💎However, for the bullish scenario to truly play out, we need TIAUSDT to break above the resistance zone and close a candle above it. Only then can we expect further upward momentum. But remember to closely watch BTC's price action as well, as it will increase the overall probability of success.
💎In the case of a pullback, we could see a bounce from the small support level, but for confirmation, we need to see a Change of Character (CHoCH) indicating a shift back to a bullish market structure. This will significantly improve the odds in our favor.
💎However, if TIAUSDT breaks down and closes a candle below the support zone, it would invalidate our bullish scenario and we’ll need to re-evaluate.
Be disciplined, trade smart, and always wait for confirmation before making any moves.
MyCryptoParadise
iFeel the success🌴
TIAUSDT
TIA/USDT 80% down from My Analysis#Celestia (TIA/USDT) Profit Update:
I alerted you when LSE:TIA was trading at its peak/ATH and advised selling at $16.50+. It went up to $20 for a bearish retest and then experienced a hard dump, now down 80% from my levels. Hope you earned or saved money!
Profit Targets:
TP1: $13.86 ✅
TP2: $9.82 ✅
TP3: $7.10 ✅
Currently, LSE:TIA is trading around $6.4 and has dumped to $4.8.
Analysis:
Now trading at a strong support zone, I expect this area to be a good accumulation and reversal zone towards a new all-time high.
Stay tuned for more updates and happy trading!
TIAUSDT bullish on 4H chart for 1:3 ratioBased on the provided data, the current support and resistance levels for TIA against USDT are as follows:
Support Level: $8.429 (SL)
Resistance Level: $11.98 (Target)
These levels are derived from the latest trendlines, parallel channel support and resistance prices. The support level indicates a price at which there is potential buying pressure, preventing the price from declining further. On the other hand, the resistance level represents a price at which there is potential selling pressure, preventing the price from rising further.
It's important to note that support and resistance levels are not fixed and can change over time as market conditions evolve. Traders and investors often use these levels to make decisions regarding entry and exit points for their trades.
TIAUSDT: Gears up to break free from its descending channel! 🌊💎 Paradisers, #TIA could initiate a bullish move if the price bounces and breaks out of the descending channel.
💎If #TIAUSDT bounces and breaks through the descending channel, display a Change of Character (CHoCH) towards a bullish market structure, this would enhance the likelihood of a bullish trend. We could then set our sights on targets up to the next resistance levels.
💎However, if the price breaks down below the bullish Order Block (OB) level, it would be considered bearish. But for now, I am not focusing on bearish moves, so it would be better to disregard it in that case.
TIAUSDT Long: Eyeing Steady Gains to Resistance LevelsI'm initiating a long position on TIAUSDT as the setup shows potential for an upward move. Currently, the price is hovering above the entry point I've identified at 18.1200 USDT, with the
RSI indicating bullish divergence points that support my decision to go long.
I've set my first target (TP1) at 19.5955 USDT and a second target (TP2) at 20.4916 USDT, aiming for a conservative climb within this channel.