Technical analysis by UsmanFarouk about Symbol TIA: Buy recommendation (12/28/2024)

https://sahmeto.com/message/3108509

TIAUSDT Long on 1H.

Buy

Price at Publish Time:

$4.96

Profit Target:

(+13.32%)$5.62

TIAUSDT has been in downtrend on 4H and 1H timeframes. However it has broken the trendlines upwards alongwith making a bullish divergence on RSI on the 1H timeframe. Considering the existing levels of price, it is still within resistance zone (R1). Upon upward break of R1, a long entry shall be triggered riding the wave upto R2. Long position with RRR of 1:1 has been marked on chart. Good luck.

Source Message: TradingView