$TIA TIA, fakeout or a bullish retest??!!!
Follower request, I'll analyze TIA today.
On 1W tf, it’s trading below a downward trendline (check 1st screenshot) where it has touched 4times & got rejected. Breakout & successful retest of it will send TIA to the higher trendline.
On 3D tf, it’s just trading inside a triangle (check 2nd screenshot) which will eventually breakout or breakdown. Currently, it's just broken out the 50MA & now it’s doing a retest. A successful retest here will send it to retest the trendline resistance again & successful breakout of which will send TIA to retest 100MA on 3D tf. So, be patient till the retest.
On 1D tf, none of 10th October wicks have been taken out. Currently got rejected from 200MA (check 3rd screenshot) & hence going to retest the 50MA. So, be patient till the retest. Multiple candles closing above these retests (both on 1D & 3D tf) will be a good buying opportunity & sell if those levels are broken.
Finally, the liquidations chart (check 4th screenshot) is showing that final liquidations are lying at the $0.35 zone. That also aligns with my retest theory. Therefore, wait till that area got tested.
#tia #celestia