♾ #TIAUsd did not complete the correction

The price of the token has been in a downward movement for quite some time now. But the correction, which has already taken half a year, must end at some point.

During the whole downward movement, the price is within the pattern "descending price channel". This formation is very typical for corrections in the market.

More locally, the token has found strong support at the ~$4.75 support level. The price has already bounced upwards from it three times on bullish candlestick formations. Two times they were "pin bars" and once there was a "takeover" 💥

Judging by the fact that the price pushed off the lower boundary of the channel, now it will go to the upper boundary. At the same time, I expect a return to the uptrend when the resistance zone around ~$7.46 and ~$8.12 is broken 📈