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Celr

CELR.USDT (Y20.P4.E1).TA.Macro structureHi All, Planning ahead phase: After I looking at ADA, I came across this as its bouncing today to see why, and it makes sense with the Bullish div. playing out. So I thought, what's the story on this coin CELER NETWORK. Hence my TA on the structure. MY OBSERVATIONS and THOUGHTS: ============================================================= Daily gives you the trading strategy and with the 8 HRLY or 12HRLY, I find it easier to see the details (entry points) on the chart. > Indicators show me a bounce here due to the Bullish div. on the RSI, double bottom. > We are having the ABC correction playing out, targeting the 0.5 or 0.382 fib level, really depends how deep BTC correction is as well. FYI, I don't expect a deep correction with the SP500 or BTC so maybe the 0.5 fib level is our target here. > On the way up, we have 3 points of reference on the bottom trend line. The 2 bottom points is where the target is based on the BARR or Inverted BARR approach. > As per chart, I'm assuming then the downward trajectory is some type of Wedge and soon we will see the top of the trend line of this wedge. > Note how we passed the 0.618 level so this will be a strong resistance hence why I have placed the trend line and potential price action accordingly. > On the chart, I envision the 0.5 level to be hit with potential dips in the orange section and if its was to be a deeper pullback, then a bottom formation taking place in the orange section; Indicators: > On the 8 hrly, we have Phoeix with the green rsi crossing over the red, in sync with the RSI bullish div. > On the daily, we have no sign of a reversal any time soon based on the Phoeix indicator. Still downward pressure on the daily. 8 HRLY chart: DAILY Chart: 3 Day chart: Phoeix downward pressure still there
Long
by ssari
1
Celr/btc aim at previous bottomCelr/btc After break of trend line previous support celr dropped too much But i think more drop will come Here is some weak support around 36-38 sat But i dont think it will hold If break of that level happens as I expect Then next interesting buy area is around 20sats which was previous bottom strong bull will enter there if price dropped I Don't recommend bbuy blindly at 20sat it should make base of support and you see bullish rejections If you like hit my ideas like button and follow up with me for good signals
by Babenski
2
CELR AnalysisI am currently bullish about CELR while EngineeringRobo remains bearish. If you are holding CELR you should continue to hold and sell at the resistance level (0.009) If you are looking to buy CELR your options are: - Wait for EngineeringRobo Buy signals. - Buy at the .0054 support level. - Buy now, as the candles have recently touched the MA200 line. at whatever level you choose to buy, look out for EngineeringRobo sell signals! If you are interested in using EngineeringRobo, DM me!
by DanFox0x7C6
3
Celer Network Full Chart AnalysisCeler Network (CELRBTC) started by conquering (moving and closing above) Ma200, the black line on the chart. A strong bullish wave followed after this resistance was taken out... This level now turns support. After CELRBTC peaked, it moved down to test MA200 as support, and this level holds. A higher low is printed exactly at the 0.786 Fib. retracement. We have 3 signals pointing to the 44-46 support range as being a strong one. 1) MA200 2) Trendline 3) 0.786 Fib. There is more... The MACD is showing hidden bullish divergence, which I explained in the ATOMBTC chart. A young bullish crossover is also taking place on the same indicator; the MACD. Prices can move up from here. Another higher low... The altcoins continue to grow as predicted. Thanks a lot for your support. Namaste. (Note: Check the related ideas below for previous charts on this pair)
by MasterAnanda
7