Technical Analysis and the Unlock effect

Celestia is releasing staggering 86% of It's Market Cap in new TIA tokens. While its Market Cap it 1Bi, injecting around 900mi in new tokens will dilute the actual investors.

Link to the post about the Unlockings and Investors Dilution

And the price effect? First of All, don't forget the when things are Obvious, it usually goes to the other direction before moving to it's natural course. It means that TIA may go up before breaks down. Also, don't forget that We are in a BULL Market and this makes the perception twisted but anyway, the dilution is the trend.

TIA token right now is in a giant triangle formation on the monthly (purple trendlines) and breaking it will send the price to a much higher with the macro to go Low. Or going low, retracing and get back to go down.

Where are the Triggers and important points to pay attention? $ 12.45 $ 8.665 $ 6,5-6,87 $ 4.51-4.42 In my humble opinion, selling after a rejection at 12.45, when the markets are high will be the best outcome for investors that are stuck. For minor time-frame trades, I do not recommend but you can use the 6.5 and higher prices to use as a target or support when entering.

Be Safe! TIA HD CHART Show Less

 4

Disclaimer: The content presented on this website, including any analyses, reviews, and ratings, is provided for informational purposes only and should not be considered financial advice. crowd.news does not endorse or recommend any financial transactions or investments based on the information available on this platform. Visitors to this site should perform their own due diligence and consult with a professional financial advisor before making any investment decisions. crowd.news is not liable for any actions taken, financial or otherwise, based on information or links from this website.