Celer Network / Bitcoin
Long
Updated

$CELR buy at resistance/support

109
$CELR broke the local resistance at 50 sat, and now most probably it will flip to be a support.

Make an entry at 50 sat, there is a slight possibility of this order may not get filled.

Stop loss at 45 or when BTC goes crazy. Even 40 if you are high risk, or hold it longer if have holding power.

I will set exits as below, overall 50% profit from entire plan. Risk/Reward Ratio 1:5.5

50% of volume at 65 with 30% profit
25% of volume at 80 with 60% profit
25% of volume at 100 with 100% profit
Trade active
First target was achieved and now it seems $CELR is making a local support at 65.

Let patiently wait for the second target at 80
Trade active
Second target of 80 was touched.
Coming back towards strong support.
Re-entry after good analysis
Trade active
Amazing,

Came back to re-buy of 50.

Now again heading towards the previous targets.

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.