Is a Parabolic Rally Coming?
Celestia (TIA) is on fire! 🔥 It's about to form its first-ever 1-Day Golden Cross, which is a bullish indicator that suggests a potential parabolic rally.
What is a Golden Cross?
A Golden Cross occurs when the 50-day moving average (MA) crosses above the 200-day MA. This signals a potential bullish trend reversal.
Why is This Significant for TIA?
* Breaking the Lower Highs Trendline: TIA has successfully broken out of a long-term downtrend, indicating a shift in market sentiment.
* Upcoming Golden Cross: This powerful technical indicator could propel TIA to new heights.
Target Price
Based on the previous parabolic rally in November 2023 to January 2024, a similar move could take TIA to a potential target price of $46.
Important Note:
* 1W MA50 Resistance: The weekly 50-day MA is the last major obstacle before the Golden Cross. A break above this level could trigger the parabolic rally.