CELRUSDT trade ideas
CELR already break out of the trendline! SKY is the limit now!I have been keeping eye on the purple upper trendline since the late September early October. After breaking the trendline, it is re-tested again with a success. Now we can see the big breakout towards $0.3 and beyond! Statically best place to enter the trade but not always! Volume is also very high! Rsi sitting at perfect bullish spot and it is above all the EMA levels. Can not get any better! Lets hope that BTC also stays stable for the next few weeks and no bad fud!.
Chill out CELR lolWelp, CELR jumped the gun and is already headed to the moon without you.
This candle is super bullish but I also expect a drawdown.
If it finds support on top of that falling wedge we're likely headed to the first target which is that solid red line.
If it falls below the top line of that falling wedge, I would expect it to continue down the wedge for a more timely breakout like I expected as indicated by the yellow arrow I drew a few days ago.
First target is solid red line.
Next target is dotted red line, which makes up the resistance of a larger bearish rising wedge. Probability says it will be rejected here and break down out of the bearish wedge, but cryptos everywhere have been breaking out of bearish patterns so we'll see!
There is a line of resistance even higher which is the top line of a large raising channel. That is a stretch target at $1.50-$2.00'ish. A lot can happen between now and then though.
NFA.
CELRUSDT is testing the breakoutCELRUSDT is testing the breakout
IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
CELR, may break the downtrend line.The following content is machine translation:
It has been adjusted for more than 20 days and rebounded for 3 consecutive days, reaching near the downtrend line. You can pay attention to whether it can break through the trend line. The break can be followed by more, but not bearish.
Support at 0.1 below
The macd indicator has the possibility of a golden cross, and failure to break through the trend line may reject the golden cross.
Pay attention to the trend line to see long and short.
CELRUSDT UPDATE
We can see the market is forming another beautiful falling wedge here on the daily timeframe, we had a similar fractal play out previously on this token- a move we capitalised on with students giving us over 200% spot profit. The range is tightening and a breakout will occur soon we are waiting for entry confirmations.