$TIA TIA Celestia Rounded Top Pattern .... Bottom Out?
TIA
Celestia rose to a height of over $21 and has recently done about a 50% retraced to form a rounded Top pattern.
Current price: $10.9
The rounded top pattern is usually a bearish pattern, so possibly Supports can be retested at 9.0, 7.2 to make for buy the dip opportunities!
But in bullish territory, it could be signalling retracement completed and is ready for higher prices:
Resistances: 13.8, 15.9, 18.0, 20.3, up to price discovery 27.2
Current price: $10.9
The rounded top pattern is usually a bearish pattern, so possibly Supports can be retested at 9.0, 7.2 to make for buy the dip opportunities!
But in bullish territory, it could be signalling retracement completed and is ready for higher prices:
Resistances: 13.8, 15.9, 18.0, 20.3, up to price discovery 27.2
Comment:
Bounced off the 7.2 support...
