$TIA UPDATE. April 26th.
Wow. Celestia is very stacked when it comes to resistances and supports. Not very good for trading, but here we go.
The first resistance is a wide one, mainly due to a certain red candle which went all the way to $10.63. This resistance ranges from $10.48-$10.63, followed by a resistance at $10.68-$10.74, and then a final one, at last distant from others, at $10.98-11.08.
First support ranges from $10.35-$10.22, followed by a second support around $10.00.
📶Local Signals
I. 1h RMO shows a bull signal of -1.60/-3, meaning "asset oversold".
II. PDIs below 50/70 show the dump, while the LAG PDI at 39/70 shows there is plenty of room for a pump.
Local signals thus support an uptrend and possible pump.
🪙Bitcoin Analysis
BTC today is weak. Thus, in the event of a BTC dump, Celestia is likely to follow. For an in-depth on why BTC is weak, check today's BTC analysis.
⚖️Trading for Bulls and Bears Alike
If you're feeling bullish, you may buy inside the first support to sell at the resistance of your choice.
Stop loss for bulls is below the second support, about $9.97
If you, however, feel Bearish and believe BTC will play a major role in Celestia, you may short at any resistance of your choice and sell at the first support, or second support, depending on how bearish you are feeling.
Stop loss for bears is in between third and second resistance, at $10.81, unless you are shorting at the third resistance, then your stop loss should be $11.31 instead (4th resistance, not shown in the image)