Celer Network were in downtrend since birth. However, it seems a Head and Shoulder pattern is formed and due to the crypto market upward movements, CELR too can start an upward impulse wave. There are two possible targets; the horizontal area and the ascending blue line. Let's see what happens.
Note
Well, here is the complete chart of Celer Network, and it seems CELR is moving in a wide ascending channel. The previous analyses show that CELR bounced off the channel's bottom line after a Head and shoulder pattern was formed. Let's see how high CELR can go.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.