Difficult times for Celestia! Will the bears Tia lead to $ 1? star-news.press/wp

• Tia witnessed an increase in the open sale, indicating that the homosexuality was prevalent.
• The one -day procedure also reflected in a steady drop, and that the step less than $ 1.31 would enhance the decline.

Celestia had a downward look for both short and long. Since the opening of the trading session on June 30, Altcoin threw 12 %.

It appears that it is likely to go about $ 1.2 or about $ 1, support the numbers of the psychological round.

Coinalyze data has shown that over the past two days, the open interest has increased as it has risen while the prices of Celestia decreased. This was an indication of the open sale.

Moreover, over the past 24 hours, the financing rate has decreased to a negative area. At the time of writing this report, it rose again over zero.

Negative financing rates have shown that short positions were paying a long time on June 30, a sign that the total market morale was downward.

Immediate cardiovascular diseases have also decreased, confirming the increase in the volume of sale.

Celestia strains are lower

One day the graph showed that the declining pressure during the past few days was not an isolated phenomenon. Tia has decreased since mid -May.

Follow the A/D Index, the declining direction of the price, where the continuous sale volume is offered.

CMF confirmed this discovery. Last month, its reading was less than -0.05, which indicates the large capital flow from the TIA market.

The moving averages also agreed that the momentum was firmly declining.

The basic procedure examination was likely to be broken by a local level at $ 1.31. If this happens, this would be a break in the declining market structure, which is an indication of merchants that the decline is continuing.

The Heatmap map for one month’s liquidation has offered some hope. The $ 1.27 region was 1.33 dollars with a liquidity set that is likely to exceed the price.

Once this magnetic area was clouded, the distinctive symbol could have seen a bullish reflection.

For this scenario, the pressure pressure must be replaced by strong order on altcoin. Coinmarketcap data showed that 995k Tia was opened daily.

The fixed cancellation and the existing sale pressure should be steady, but the evidence presented did not show that this is likely to happen soon. Therefore, merchants and investors can maintain their declining bias.

Responsibility: The information provided does not constitute financial, investment, trading or other types of advice, which is just the opinion of the writer