On the TIAUSDT chart, we observe a descending parallel channel that has been recently retested 📉, indicating potential price consolidation. MA55 and MA144 are close to forming a bullish cross 🔄, suggesting a possible upward impulse 📈. The next significant resistance is at the confluence of MA233 and the Fibonacci 0.382 level 📊, which could influence the future price direction. Monitoring these levels closely is essential for anticipating upcoming market moves 👀.
I am currently long on this setup 🚀.
I am currently long on this setup 🚀.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.