celer network rsi indicator ,as you can see today celer could have a upward power move but for those scalpers and day traders Rsi bearish signal is obvious .we can go for a short position 5,15,30 min time frames .
In my perspective when the handle formation is done there comes a bearish move and the key support level of 46k would be lost . plz follow and comment your ideas.
According to the dynamic support line on daily chart we can be optimistic about an upcoming strong bull run . the other previous celer network correction were roughly minus 70-80 % in price. Seemingly this point can be the end of correction wave by falling almost 70% Stochastic indicator implies the over sold area has been reached for days and bulls want to take...
the stochastic indicator shows over sold area . comparing other lower time frames the price on 5 and 15 minutes could break above 200 EMA which can be interpreted as a potential reversal zone for longer time frames like 4 hour and daily . be cautious this whole scenario can be ruined by a bad news launched publicly against any of those leading coins like btc .