I know Celsius has come under scrutiny recently due to expected lower sales and economic state of the U.S. This has left a lot of people to think that Celsius has become less then desirable as shown by the heavy price drop. One thing we can see is that there were two zones of previous consolidation that lie around where price is now. So not only is Celsius as a huge discount for something that has had great success the past two years, but also the fact that the area it is entering now could see fresh buyers (like me) trying to enter around these two orderblocks. Let me know what you guys think!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.