Looking for upside or W pattern..$CELR might be looking for a pump here, RSI levels seem good to me. In recent months, pretty much each time it broke the white RSI trendline, price went up. If BTC pulls back, we might see a pullback here as well and maybe form a double bottom before catching back up to the MA's and back to the 0.5 fib extension level at least.
CELRUSDT
CELER Network Weekly Analysis 12.12.21In this price this is so valuable , Because of that i'll tell you the targets of $CELR :
🔵 Entry Price : 0.06$ - 0.074$
☑️ TP1 : 0.08$ (+12%) : Short-Term
☑️ TP2 : 0.096$ (+35%) : Short-Term
☑️ TP3 : 0.11$ (+56%) : Mid-Term
☑️ TP4 : 0.145$ ( +105%) : Mid-Term
☑️ TP5 : 0.168$ (+136%) : Mid-Term
☑️ TP6 : 0.183 (+158%) : Long-Term
☑️ TP7 : 0.199 (+180%) : Long-Term
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 12.DEC.2021
⚠️(DYOR)
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Binance: Celr buy / long 1dBinance: Celr buy / long 1d
Entry: 0.1
SL: 1d close below 0.08
TP: 0.19
As exciting as blockchain is, it can leave much to be desired with transaction speeds and throughput. The Celer Network (CELR) is a smartly designed layer-2 scaling solution that provides off-chain transactions handling. The Celer platform offers fast, simple, and secure off-chain transactions for both payments and smart contracts. The project was among the first to be developed using the Substrate framework and is part of the Polkadot ecosystem. As to the overall goal of the network, its founders envisioned unleashing the full potential of blockchain and revolutionizing Dapps with more efficient and productive outputs.
To learn more about this project, check out our deep dive of Celer Network.
The Celer Network Architecture
The Celer Network architecture (cStack) is built on four elements:
1) cOS: The core of the network that provides the workflow.
2) cRoute: A mechanism that allows an increased operations capacity by streamlining routes within the network.
3) cChannel: Channels for transmitting transactions within the network.
4) cApps: An ecosystem application layer used for scaling and user privacy.
The platform uses a Proof-of-Stake (PoS) consensus variation called Delegated Proof of Stake (DPoS). With this algorithm, participants may stake their coins for a reward while transferring the responsibility of validating transactions to "delegates."
CELR holders will provide tokens for liquidity and will receive a reward for doing so. The key point of Celer is that the platform allows layer-2 scaling for any blockchain. Thus, the project covers a wide spectrum of the market, multiplies the liquidity potential, and increases the product's reliability, coverage, and adaptation.
CELR network starting run to 1 dollar.Last TA on CELR got invalided this asset is incredibly volatile, massive swings and misleading volume reading but now this time round with the Gann Fans we can get a better idea on where price is going.
16 days we have been holding this trend line , price spikes down to the to the white box but instantly gets bought back , macro structure now finally in a uptrend. Sometime in the next 8 days we will have to see a break of the 2/1 Gann ratio or else we go down again.
Celer Network LONG ✅✅✅This crypto is one of recommended ones fundamentally which you need to have some Celer in your pocket.
it about 2 month we are in correction process, for now we are in strong demand areas which can take price much higher,
you can buy some here as first level and more when it hits our strong supports which determined on the chart perfectly
‼️Dont forget risk management‼️
Any question comment me bellow
@FxShzd
CELRUSDT , Its time to buy , Why ???Hello guys
Whats up ?
According to our last breakwave that we had and made new ATH , At this time we are in fibo 0.786 and we expect that the price should rise and support in here and go up
We shown on chart 2 zone for buying and hold it , Because CELR is one the most powerful project in layer 2 and that makes a bridge between the network and blockchain
In 1h time frame we are changing the trend from downward to upward and its time to buy
ITS AMAZING
Again , Dont forget use stop loss and attention to money management
Previous analysis :
Good Luck
Abtin
CELR 100% move incoming CELR has one of the most beautiful charts I have seen in a long time , its a monster and right now its getting ready for its next big move to 0.25. We have been in a descending wedge for 44 days and finally today we have broken it ,following very similar pattern from the last two major moves.
This TA is invalided with any daily close under 0.10 , I found this coin on by bit randomly since they added so many alt coins , never heard of it before don't know anything about the blockchain but if you just take one look at the coins structure and growth over one year you just know this coin's destination is up!