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Celrusdtlong

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.
Long
by moon333
1
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.
Long
by moon333
CELR/USDT (4H)Zones of interest and targets are on the chart. Good luck everyone! DISCLAIMER: This is just my opinion and view of the market. Please keep this in mind and consider in your trades. Hit "Like" if you like my analysis. That would help me to understand if you really liked it :-) ! Trading ideas are not trading recommendations - this is just my point of view. You can agree or disagree with it. Your likes and comments really help me. So I thank everyone in advance who really does it! Subscribe if you would like to get my fresh updates on the market and my TA on the regular basis. Good luck everyone!
Long
by SonicTrade