CELRUSDT trade ideas
CELR Pullback to ATH? 🔥Hello Traders. Hope you are doing well.
Today I want to share my idea about CELR. CELR broke ATH on March 21st and had a nice bullish run since then. What now?
Well you can see after CELR hit 0.1$, it has corrected about 50% until now. It can be a pullback to purple range which was ATH. If you want to
buy CELR, in my opinion you can do 2 different scenarios :
1) You can put one order around 0.053-0.054$ and one order on the purple support around 0.04$. So you will buy it in two steps. ( Stop loss below support )
2) Buy the breakout. When the price breaks out of the yellow descending line, you can open long position. ( Stop loss below the descending line )
Also Rsi is in the oversold condition and likely the price is going to bounce back.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on CELR and don`t forget to comment what you think. ✌
CELR USDT Long SetupHello Everyone.
I hope you all are doing well.
My last trade on CELRUSDT was extremely profitable as the price went down to a level exactly as I predicted, please refer to related ideas for confirmation.
This time instead of short, CELR looks bullish to me as further lower prices are rejected near to support. Personally, I am opening a long position here with an appropriate stop loss. I will keep it open for a couple of days as it could take few days to reach a level where I will take profit.
Tip: Do your own research "Always"
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Trade responsibly.
CELRUSDT Possible Bearish Scenario Hi Everyone,
CELER NETWORK: Price made higher highs while RSI made lower highs. Possible bearish divergence on the 1D timeframe. The yellow line could be retested. The overall price action is still in an uptrend so there is nothing to worry about. Retests are good and a good "buy the dip" opportunity.
Personally, I will go short with an appropriate stop loss as there is a high possibility that the price will drop and RSI will find support at 51-50 area. Below that, trend reversal could occur.
Happy Trading :)