CELUSD strong downtrendCELUSD in a strong downtrend, has been since the beginning of June with RSI in a strong down trend since beginning of April. I expect it could continue, especially as BTCUSD rises and alt coins are generally cashed out for BTC. Bullish over the long term, but looking for a better buy opportunity next week.
CELUSD
[UPDATE CELSIUS] Side action until the end of Oct, then 90-100$?I still think CELSIUS is one of the most well performing safe crypto utility assets out there.
This is what I see.
Celsius TrendWhile the storm is behind us for now, i will take a bit time to make some education about "trends" behaviours.
So look at at Celsius Project :
- You can notice in the trend the regularity of Higher High and Lower Low... very harmonious and never too twitchy.
- Always bouncing on his support trend
- When you see a Trend acting like that, you can be sure that the project is not manipulated by anyone.
- Of course Celsius follows theKing because Theking is theKing! but his run his Healthy and not suspicious.
i will compare it with another coin to show you the difference between a normal trend and non sense trend.
Happy TraDing !
CEL token in new triangle, will BREAK OUT to $11 range soon CEL token in the new triangle will break out to $11 range soon
As you can see the #CEL token usually goes through a consolidation triangle, before breaking out to a new triangle on the upside in a quick span, before consolidating again.
Considering
-Growing Assets Under Management, Users this pushes up the CEL token price due to the flywheel economics
#CELSIUS #CELTOKEN #CELUSD #BULLISH #ROCKETSHIP
CEL Breaking out, next target in upper 9 dollar rangeCEL Breaking out, next target in upper $9 dollar range
Following last cycle break of descending triangle, we had about a 70% launch up, I expect something similar soon, up to the $9-$10 range.
#CEL
Celsius Next TargetCelsius stayed strong in this Dip, slow dipping is often followed by Hard Pumping, it's just a matter of time to make a good come back.
As Always follow the King moves as first influencer.
What Is Celsius (CEL)?
Celsius (CEL) is an all-in-one banking and financial services platform for cryptocurrency users.
Launched in June 2018, it offers rewards for depositing cryptocurrency, along with services such as loans and wallet-style payments.
Users of the platform receive regular payouts and interest on their holdings. Celsius’ native token, CEL, performs a variety of internal functions, including boosting user payouts if used as the payment currency.
Who Are the Founders of Celsius?
Celsius originally came into being as the product of creators Alex Mashinsky and Daniel Leon in 2017.
Mashinsky has a long-running history in the internet development sphere, having worked on the Voice Over Internet Protocol (VOIP) in the 1990s and other technologies since. Celsius is far from Mashinsky’s first corporate venture, with seven startups and 35 patents to his name, the project’s official website states.
Trading Parts :
Buy Zone : 5.90 - 6$ (now)
TP1 : 8$ (Security TP)
TP2 : 9.95$
Stop loss : 5.49$ ( if Daily Candle close down this zone)
Happy Tr4Ding !
CELUSD ~ Accumulation along 50D MA, rocketship fueling up...Disclaimer: I hold about 1/3 of my crypto assets in celsius.network for long term staking APY%, so I am a holder of CEL in rewards...
I do not trade CEL, but I do HODL from weekly rewards. However I have been curious a long time about trying to trade CEL because of its high DAILY volatility which is actually quite predictable.
As you can see on the chart, the price of CEL fluctuates up to +/-20% per day, making it a fairly easy swing trade crypto if thats your thing.
(ALWAYS long in a bull market, NEVER short)
However, while we are waiting for BTC and the market to accumulate and make its next big move, CEL is positioned perfectly along the 50D MA (yellow line on chart) to make a major move up to the next bracket which should be a solid 100-200% pump over its previous ATH flipping said ATH into a support.
I dont know many who actually trade CEL - and I'm pretty sure its just those of us HODLing who use celsius to gain high APY% rates on our HODL cryptos, but this is a good trade setup if you do.
I might actually pump my CEL coffers a bit soon and get myself into gold or platinum tier for higher APY% rewards in prep for the next move up. Might as well....
If you dont know about celsius.network, heres a ref code so you can signup and get some free $$$.
Basically - its one of the best 3 places to hold your cryptos longer term as they will give you weekly rewards (that compound weekly) for simply holding your cryptos in your celsius wallet.
The company is fully insured up to $2.5m and the reward rates are top notch for many coins.
Between Incognito, Celsius, Crypto.com, TrustWallet, and Atomic Wallet, I am able to stake nearly all my coins for between 5% and 25% APY rewards.
celsiusnetwork.app.link
($30 in free crypto for signing up using my link)
celsius.network
(here are the APY% rates for holding cryptos in celsius - I typically hold BTC, ETH, CEL, SNX, AAVE, USDC/USDT/DAI - I'm still trying to find a safer/better place to hold things like XLM, BAT, etc but currently still holding those in celsius too - remember these rates compound weekly, meaning you get rewards weekly and those rewards start earning APY% as well.... celsius can literally replace your bank!)
CELSIUS consolidation ModeCelsius is consolidating after its major Run up. I believe it will continue consolidation to at least $3.30 , depending on where the market is once it reaches this goal, is where Celsius may follow. It will at least return to 3.30 in my honest assumption Due to our Oscillator, trend line, and current consolidation. Thank you!
* ohhh btw when one or several of my ideas make you rich AF please feel free to inbox me for my btc wallet address to send a "pay it forward/gratefulness" tip. Positive VIBEZ! If you have a currency or stock you would like me to take a look at hit up my inbox! *
Celsius CEL / ETH - Swing Trade Oscillators indicate buying signals for Celsius on the CEL/ ETH chart on the 1D and 3D TF.
It seems like Celsius has completed an ABC correction and that it has found support on a Low-Volume-Node (LVN) from where it bounced hard which is a bullish indication.
There is strong bullish momentum for a pump up to 30% and maybe oven more!
Swing Trade CEL-ETH (R:R=2.8):
entry@ 0.001043-0.001013;
TP1@0.0012298;
TP2@0.0014988;
SL@0.00083979 (SL timeout = 19000s), below 200MA
I´m not a financial adviser. For educational purpose only!
Celsius NetworkNot going to go on about the massive rise in Defi and interest income providers. Celsius, although not technically defi I believe is set to benefit from the growth of this market.
In terms of the chart.
Hidden Bullish divergence on MACD (class A), and Class C on the RSI
Price has respected the log scale wedge, and a 1:1 move would put this up to around $0.4
Price breaking above the centre-line of the wedge is Bullish, conversely, Bearish if it fails here, and may indicate a potential break-down of the wedge.
Not financial advice in any way. DYOR
Time Ticks By #Celsius $CEL $CELBTCWeekly
Looking at our highest timeframe we can see CEL has not been involved in a bull market. Price action showing we are respecting our bullish channel, resistance at 2500 satoshis. Stochastic RSI showing momentum is in favor of the bulls however it does seem to be slowing down. Weekly support is shown at 2200 and 2000 satoshis. A rejection from 2500 and we should be seeing a sell-off to 2000; a look at our smaller timeframes will give us a better idea.
Daily
Shifting over to our pattern timeframe we get a better picture of our minor uptrend starting from April 11th. Stochastic RSI showing bearish momentum has bottomed out and it continuing to the upside. A daily bullish engulfing confirms support has been found and we will continue to the upside. Resistance at 2750 satoshis, followed by dynamic resistance at 3500 satoshis. Rejection from this level and expect a sell-off to 2000.