Price: 1.629 | EMA7: 1.64 | EMA25: 1.66 | RSI14: 42.64 | Resistance: 1.907 | Support: 1.582 | Average Volume: 1601965.35 | Volume Trend: Decreasing
Based on the provided technical analysis of TIAUSDT for a 4-hour time frame, here's a summary of the key indicators:
1. Price: 1.629
2. EMA7: 1.641025363531
3. EMA25: 1.663779772286
4. RSI14: 42.644405770237 (slightly oversold, indicating potential buying opportunity)
5. MACD: -0.017737948748956 (motion in negative territory above the zero line may signal a buying opportunity)
6. Resistance level: 1.907
7. Support level: 1.582
8. Average Volume: 1601965.3492
9. Volume Trend: Decreasing (indicating potential lack of interest or trend weakening)
To make profitable trades, consider the following recommendations:
1. Long Entry Price: The price must cross above the EMA25 for a bullish uptrend confirmation, with the market showing signs of recovery and volume picking up. Keep an eye out for RSI crossing back into the overbought region around 70 or above.
2. Short Entry Price: The price must cross below the EMA25 for a bearish downtrend confirmation. Look for confirmation from a stretched RSI around 30 or below and potential support around the 1.582 level. Alternatively, a bearish crossover of MACD signals an opportunity to sell.
Additionally, we must also pay attention to the support levels, RSI, and volume trends to determine potential buying and selling opportunities for both short and long entries.