CELRUSDT trade ideas
This Is Why The Celer Network (CELR) Can Be The Biggest GainerFalling wedge:
Since March 2021, on the daily time frame chart, the price action of the Celer network is floating in the falling wedge pattern. It was moving between the resistance and support of this pattern very well but after testing the support on 22nd June, the price action of CELR is moving directionless without hitting the support or resistance of this wedge pattern.
Big BAT:
If we take a look at the weekly time frame chart, then it gives us the clue that the priceline of BTC this time will not reach the support. Because in the long-term it has formed a very big bullish harmonic BAT pattern. There is also 50 simple moving average support in the buying zone and 100 SMA below this level. After completion of the final leg the price action was moved above the buying zone, but this time it has again entered the potential reversal zone. As per the Fibonacci sequence the buy and sell targets of this BAT pattern can be:
Buy between: $0.0248 to $0.0148
Sell between: $0.0488 to $0.0848
The buying zone is 40% wide therefore, we can use 50 SMA as stop loss. Breaking down this SMA will be difficult for the priceline.
Conclusion:
Even though the price action is moving directionless for the past several days in the falling wedge pattern. However, the falling wedge is considered as a bullish reversal pattern among the trader's community. At the same time, the bullish harmonic BAT formation is giving us another confirmation, that the price action will break out the resistance of the falling wedge and it can lead to a big rally soon.
CELR testing the support zone CELR is now at the major support zone. The next resistance area is $0.0294-$0.0298 and $0.0335-$0.034. This is a good risk and reward trade. Expecting a good bounce from the support zone.
Buy Zone: $0.0248 - $0.0253
Target: $0.0271 - $0.0294 - $0.0334 - $0.0378 - $0.0415 - $0.0463 - $0.0513 - $0.055
CELR - Daily - "Decent Swing Trade"Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!!
________________________________________________________
________________________________________________________
//////////////////////////////////////////////////////////////////
///////👍✋Not financial advice, do your own due diligence ✋👍////////
/////////////////////////////////////////////////////////////////
➡️Technical Standpoint⬅️
1.) Accumulation spotted on this asset; started around 7/27/2021
2.) Within a descending triangle at this time. Probably a fake out in my opinion.
3.) Estimating it will be ready to go mid August.
➡️Fundamental Standpoint⬅️
1.) As of 7/6/21: twitter.com
➡️Current Season⬅️
- 6/14 confirmations for BTC, ETH, and large cap season
//////////////////////////////////
//////Indicator Legacy/Meaning//////
//////////////////////////////////
✨ Linear Regression Line( LR ): is the green/red worm-like line.
✨ TD Sequential (TDS): tradetrekker.wordpress.com
✨ Social Activity Indicator(SA):
- Based on trader sentiment. The indicator will provide either a Strong Interest, Neutral/Some Interest, or No Interest signal.
- Lime background = spike in interest.
- Yellow background = drop in interest.
- Fuchsia Circles = Clustering of circles on the lower end of the spectrum means consolidation.
//////////////////////////////////
///🎉🎉🎉Before You Go🎉🎉🎉///
//////////////////////////////////
Leave a like👍 and/or comment💬.
We appreciate and value everyone's feedback.
"Keeping it short and sweet as always."
- assetsandcoffee📈☕
CELR > Moving in a Channel > Buy Opportunity?Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of CELR .
According to my technical analysis, the Celer Network coin is moving in a channel and now, it is time for a pullback.
"My analysis is valid until We don't see a breakout from Channel"
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Celer Bottomed- i will try to explain why Celer Network is currently near his bottom area.
- More we go far in the Time more the probality to go lower price increase, Prices have to follow the long term trend.
- So Celer ATH was 0.1$ and right now his price is 0.025$, if TheKing make another, Dip it would mean for Celer to go 0.002$.
- Everything can happen in Cryptos and those projects are still very youngs, that said, No Risks No Life, that's why you are parts of this game.
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
i will give u my strategy for Celer Network :
- Demand Zone is 0.2$ as Celer bounced 2 times in the past and made like 1 month accumulation range in that price area before the first run.
- Buy 25% of what you want to invest around 0.02$ ish
- if Celer Break Down again don't touch it unless it reach 0.002$ ish, then invest your remaining 75%
- TP should be before 0.04$ for security and wait to see if Celer breaks the Downtrend.
-if your strategy is good, you don't even need to set a SL.
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Happy Tr4Ding!
CELER NETWORK UNDERVALUED PROJECT !Celer network is an undervalued project right now. With the incoming CBridge update, things are very bullish right now and the future is bright for CELR. This week we will see Celer from 0.3 cents to 0.5 cents. that is 50% increase. and possible this month or next month we will breakout above this bullish pattern.
Celer is currently priced at 0.03877 a 25% increase from last week. with a marketcap of 190M+
Like and share if you agree !
AND SPREAD THE WORD OF CELER NETWORK !
CELR - Daily - "Like Rolling Dice"Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!!
________________________________________________________
________________________________________________________
//////////////////////////////////////////////////////////////////
///////👍✋Not financial advice, do your own due diligence ✋👍////////
/////////////////////////////////////////////////////////////////
➡️Technical Standpoint⬅️
1.) Price is below the LR and a strong resistance line, giving bears the advantage.
2.) Currently in a gray area. Better to open a position closer to the 1.618 FIB or aqua T9 support.
➡️Fundamental Standpoint⬅️
1.) Events related to the Budapest release expected to take place by end of Q2.
2.) No signs of accumulation at this time. Next move will run on buy the hype, sell the news fuel.
➡️Current Season⬅️
- Pending additional data. Current season is unknown.
//////////////////////////////////
//////Indicator Legacy/Meaning//////
//////////////////////////////////
✨ Linear Regression Line( LR ): is the green/red worm-like line.
✨ TD Sequential (TDS): tradetrekker.wordpress.com
✨ Social Activity Indicator(SA):
- Based on trader sentiment. The indicator will provide either a Strong Interest, Neutral/Some Interest, or No Interest signal.
- Lime background = spike in interest.
- Yellow background = drop in interest.
- Fuchsia Circles = Clustering of circles on the lower end of the spectrum means consolidation.
//////////////////////////////////
///🎉🎉🎉Before You Go🎉🎉🎉///
//////////////////////////////////
Leave a like👍 and/or comment💬.
We appreciate and value everyone's feedback.
""Keeping it short and sweet as always.""
- assetsandcoffee📈☕
CELR is going to the MOON! 🚀 🚀 🚀 CELR is currently forming a bullish flag pattern and its about to breakout ! It bounces at 0.786 fibbonacci. Price target is 0.16 and beyond.
With the current project CELR has its currently undervalued right now. Big news incoming this June. Its like Matic 2 months ago when no one knows its potential. DYOR.
CELR a layer2 is trading at 0.04cents with 250M marketcap. I believe it has a potential to become 1B+ in coming months with the ongoing project release.
I am very bullish on this one.
Like this post if you agree.