CELR/BTC buy opportunityHi followers,
CELRBTC looks nice to hit the previous all time high, after some time of consolidation and low volatility, the pair broke to the upside, formed nice flag continuation pattern and higher low, which already broke to the upside confirming the continuation move up.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
Celr
🔥 CELR Huge Bullish ReversalA week ago I made an analysis on CELR. Here I argued that a break out was soon occurring, target of $0.06.
The break-out did indeed occur and the target was reached. Sadly enough, BTC saw a massive dump yesterday which also took CELR down. However, the support I indicated earlier held and caused a massive reversal today.
As I'm typing this, CELR is ending up to be one of the top daily performers, closing in on the $0.06 resistance we earlier indicated as an important target.
My view is simple. We're going to beat this $0.06 resistance soon and keep on pushing to $0.07. This might take a couple of days, assuming BTC will not dump much further.
Happy trading!
CELRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. As you can see, the price is fluctuating in the specified range. If the line breaks and stabilizes, it can see its target over time. But if it can not break the line upwards and we see weakness in the process, we consider the fall to the bottom line.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🔥 CELR Horizontal Channel: Potential Break OutCELR has been trading inside a horizontal channel for several weeks now. It appears that big investors are either distributing their tokens or accumulating them for the next move.
Looking at the state of the market, I'd wager that the current bullish push from CELR will take this token outside of the horizontal channel. In this bullish scenario, $0.06 is my first target.
On the other hand, it could also happen that CELR will bounce off the resistance and fall back to the support area.
Happy trading!
LONG CELR/USDTCELR has formed a Cup & Handle pattern. Broke out and done with the retest.
I am placing my long orders now.
Entry: $0.04885 to $0.05022
Stop Loss: $0.04298
Targets:
$0.05329
$0.05656
$0.06077
Accumulate the dip and book profits in the targets given above.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.
CELRUSDTFrom past history 0.02787 to 0.03043 the market goes indecisive and this indecisiveness may lead in either direction mostly influenced by BTC movement.
Currently BTC falls from anything near $39,000 and bounces back from anything near $34,000 therefore the trendline for CELR will remain somewhat in-between 0.02787 to 0.03043 limits
CELR TO 0.1 USDT Celer Network is a layer-2 scaling platform that brings fast, secure and low-cost blockchain applications on Ethereum, Polkadot and other blockchains to mass adoption. Celer launched the world’s first Generalized State Channel Network and continues to push the frontier of layer2 scaling with advanced Rollup technology. Applications and middlewares like CelerX, cBridge, layer2.finance and more built on Celer have attracted more than one million users in the gaming, DeFi and blockchain interoperability space.
CELRUSDT Might ExplodeAt the moment CELR is trading at .0299 level and smoothly following the lower resistance line. The MACD lines are showing a decline where CELR is smoothly up trending. This condition usually denotes that the market oversold and investors want to buy at a price where not much sellers are available.
If the market is kept under such a condition it explodes either way, the usual pattern is is MACD is downwards market explodes upwards and voice versa.
This is only an analysis and not a financial advice.
CELR has broken out the wedgeBroke out the wedge:
Since March 2021 the price action of CELR was moving in a falling wedge pattern. Recently after getting bounced on 20th of July it has broken out the resistance of this falling wedge. Now the priceline is moving down to re-test the previous resistance as support. Once it will confirm this break out then the next move can be up to the tail of this wedge pattern which is approximately at $0.09.
Different support and resistance levels:
In the month of March 2021, when the price action started moving down then it broke down several support levels. Now all these support levels are working as resistance levels for the price action of Celr. Recently the priceline has bounced from $0.02 support level and broke out the next assistance of 3 cents. Now it is retesting the previous resistance and in case of a successful re-test it can move up to break out the next resistance levels. We have the next resistance levels $0.04, $0.05, $0.06, $0.07, $0.08 and $0.095 respectively.
Big harmonic move:
On the weekly time frame chart, the price action has formed the final leg of the bullish Gartley pattern. There are also 50 simple moving average support in the buying zone and 100 SMA below this level. After completion of the final leg the price action is moved above the buying zone.
Conclusion:
Even though there are so many resistance levels above the price action, however, after the break out from the wedge pattern if the priceline will move to hit the target of this wedge which is in fact the tail of the wedge then it can easily break out all the resistance level and reach the final resistance at $0.095.
CELR Breakout! 🔥💥⚡CELER finally managed to break a long-term downtrend and get ready to move towards the goals drawn in the chart.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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