CELER TETHER ⚠️ Can CELR's Bull Run Continue After a Pullback?💬 Celer (CELR) was red hot when it first IEO'd on Binance. It looks like the Celer love is back after a MainNet update and some bullish price action.
Can this bad boy of Binance bust out of its overhead resistance, or is it back to cellar for this one? Let's take a look at some levels to find out.
Hit that 👍 button to show support for the content!
Help the community grow by giving us a follow 🐣
-----
Support:
S1: The S1 S/R Flip and continuation range is our primary support and where the bulls will want to defend price. As long as we stay at S1 or above, it is only a matter of time before resistance is tested. Bulls just need to rally enough here to break the cycle of lower highs and show the world that the current bullish price action isn't just a continuation of the longer timeframe bear trend.
Resistance:
R1: The R1 bearish orderblock and major pivot point formed from the previous high before the COVID crash is the first major resistance Celer bulls have to face. A rejection here could lead to a retest of S1, so that is something to watch out for.
R2: The R2 S/R flip is the major resistance. This level saw some significant price action back in 2019 and is likely to see a reaction again. R2 makes a great target for swing trading bulls, but that doesn't mean CELR can't go further, perhaps by turning this old support level back into support.... we'll have to see when we get there.
-----
Summary:
There is every reason to be bullish on CELR here if the bulls can stay above S1 and break the cycle of lower highs. Even if the bears manage to defend R1 or R2, there are gains to be had in the meantime. Good luck people and make sure to manage risk accordingly to your own strategy!
Resources:
blog.celer.network
✨ Drop a comment asking for an update, we do NEW setups every day! ✨
CELRUSDT
This Is Why The Celer Network (CELR) Can Make You RichHi guys hope you are well and welcome to the new update on Celer network. The CELR token had recently a big event of stacking mainnet launch on 30th of June 2020.
Movement in upchannel and EMAs:
Now if we switch to live daily chart then the price action of CELR token is moving in an up channel. After 2nd June the price action was already moving up after getting bounced from the support of this channel. But after 9th June the price action surged high and rallied more than 54% and even moved out of the channel but during the retracement and retesting the resistance as support the price action failed to retain the support and moved back into the channel.
At this time the price action is moving above exponential moving averages 10 and 21 and trying hard to breakout the resistance of this channel. This time the price action has achieved higher than the previous recent high price level. Therefore there can be strong chances of breakout because while attempting to breakout the price action has good supports of EMA 10 and 21 as well.
Catch the wave using Bill William alligator indicator:
Here the Bill William’s three lines or alligator indicator can be really very helpful to catch this bullish rally. We can use this indicator with the combination of an up channel. If the smallest time period moving average moves below all the moving averages and the biggest time period moving average moves above all and it gives the sell signals then we can see if the price action has broken down the support of the channel or not. If the support is not broken down then we can ignore the signal otherwise we can sell and use it as our stop loss.
A big bullish Butterfly move:
Now I would like to show you a very important and significant move by the price action of Celer token on the long-term weekly chart. And here the CELER token has formed a big bullish Butterfly pattern. At this time the price action is geared up from the potential reversal zone and moving above this PRZ level. If we take a closer look at the chart then the price action has found last support at $0.00133. Therefore seems to be impossible for the priceline to move down than this level. As per Fibonacci sequence of the Butterfly pattern the buying and sell targets can be as below:
Potential reversal or buying zone: $0.00206 to $0.00133
Fibonacci projection or sell zone: $0.00715 to $0.01952
Conclusion:
On the long term the price action is in uptrend. However, on the short-term daily chart the price action is at the resistance of the channel. If the price action will be not able to breakout the resistance then we may witness a downward rally up to the support again. This channel support should be used as a stop loss in case of complete breakdown of the support.
CELR/BTC Now 148% Profit within one Month Now What?#CELRBTC now hit 50 satoshi
And our entry was 20-22 Satoshi
So both entry was filled.
So guys Total Profit of #CELRBTC is 148%.
Enjoy guys with Profit.
Support:-42/35/28 Satoshi
Resistance:- 54/68/Moon
Please LIKE and Appreciate me for my Hard work guys.
Must follow me for latest crypto updates.
Thank you.
#CELR/BTC Last Opportiunity, 200%+ Potential Profit.Welcome to this update guys. In the previous chart as we know CELR went as high as 29 sats from our entry at 21-22 sats.
Approximately 40% Profit.
those who missed this could be another opportunity.
BUY RANGE : 21 sats to 24 sats
TARGETS:
30
34
42
50
63
72.
Stop LOSS: 19 sats
Once we break above the 26 sats and 30 sats region it's highly likely we will hit all the targets.
This could be a good trade IMO.
CELR/BTC now 38% profit from our Entry and still more rooms#CELR/BTC 38%Profit update:
#CELR now Hit 29 sat (1 Sat away from out TP)
but still more room for upside.
congrats who bought at dip and now huge profit.
Guys CELR/BTC now struggle at Resistance level but if we break 30 satoshi Resistance level then we can see easily spike upto 35 Satoshi as well as 43 satoshi.
I am long term holder of #CELR
but not all in.
My strategy is when CELR/BTC will reach 35 satoshi around I will sell my principal amount and rest of profit I will hold for long term.
mean to say that our principal amount also safe I hope you got it.
Support: 25/23 Sat
Resistance: 30/43/68 sat
Please like and follow me for latest crypto updates.
and one more thing guys
I am doing very hard work for this all analysis so please appreciate me and please like my IDEAs.
Thank you
CELR/BTC 23% profit so far still Ride is open#CELR/BTC Profit Update:
current price is 25 satoshi.
#CELR my bid filled at 21-22 Sat and Now Hit 26 Sat.
but #CELR still in Accumulation zone.
so short term Holder you can take profit.
20% profit is not Bad.
first if we break 31 Satoshi resistance then we fly towards 43 Satoshi.
Support: 23 Sat
Resistance: 30/43/68 sat
Please like and follow me for latest crypto updates
Thank you
CELR/BTC Bullish I can expect 100% Profit from here#CELR/BTC Falling wedge TA Update:
Current Price of CELR/BTC is 23-24 Satoshi.
I am placing buy Bid between 21-23 Sat
#CELR Now Accumulation Zone so I am Buying Some $CELR here.
Fresh Setup:
Entry: 21-23 Sat
Targets: 42/68 Sat
SL: 20 Sat
Please like and follow me for latest crypto updates
Thank you for appreciating me guys.
CELRUSDT formed bullish Shark | A good long opportunityFormation of bullish Shark:
This time on short term 2 hour chart the price action of Celer Network (CELR) token has formed bullish harmonic Shark pattern and entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Shark pattern should be:
Buy between: $0.00158 to $0.00156
Sell between: $0.00161 to $0.00165
Stop Loss:
The potential reversal zone area which is up to $0.00156 can be used as stop loss in case of complete candle sticks closes below this level.
This idea is for short term traders not a long term idea; I will be keep posting more trading ideas.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
CELR/BTC (Bullish breakout: up to 40% profit?)CELR/BTC
CELR broke the pattern to the upside but still awaiting follow-through
If CELR can hold this new level of support for the next 24 hours.
There is a chance we could an enough follow up and bring the price higher to 35 sats.
The stop-loss is placed under 22 sats because that will be its invalidation point for this upward scenario.
Celer Network (CELR)CELRBTC
Celer Network
it is also a project that started trading on the Binance exchange after IEO.
after that we saw a pump and a long-term depreciation. Now we have been in the accumulation zone for several months. They formed a triangle like many other altcoins. But I see interest in this coin - new volumes. And over the next few weeks, we will break through the resistance line of this triangle. And fly higher.
This coin is also on my list of coins that have good growth potential. For speculative investment.
CELR/BTC (Up to 93% Profit Target)CELR/BTC
This coin manages to break and trade above daily down-line resistance together with 50 MA and 100 Day MA.
As price approaching this key resistance, we can see an increase in Bull volume.
If CELR can hold this level and break Higher Highs. Then the market structure is now turned into an uptrend.
Trade setup
Buy area: 55 Sats - 48 Sats
Sell target: 63 Sats - 92 Sats
Stop loss: 43 Sats
Don't forget to click on the thumbs up button
Follow my channel for future Altcoins TA updates
www.tradingview.com
Join Free Trading Community Chat Group
t.me
Trading is simple, don't over complicate things :)