CEL
CEL broke down from long term support#CELBTC
#CEL broke down from long term ascending support line, and now price is above a support zone, RSI is going to reach over sold zone, so I think price fall more to touch the support zone then a pull back to resistance zone and broken support line to confirm it as resistance.
CEL broke out from short term triangle#CELUSD
$CEL is still inside a long term descending resistance zone, but as you can see price broke out from upper line of a short term triangle and now pull back to the support line, it will go up to touch $6 or more in couple of days.the long term target can be around $7.5.
CEL inside a triangle#CELUSD
#Celsius is a platform that offers financial and banking services to cryptocurrency users. It launched in 2018 and offers numerous services, such as loans, staking and interest payouts up to 17% to their users. The native token for the platform is CEL, which further increases the aforementioned payouts if it is used as the currency of choice.
The World Blockchain Summit will take place in Dubai on Oct 13-14. One of the speakers will be the founder and CEO of Celsius, Alex Mashinsky.
As for its price movement, CEL has been trading inside a massive symmetrical triangle since the end of January.
CELUSD strong downtrendCELUSD in a strong downtrend, has been since the beginning of June with RSI in a strong down trend since beginning of April. I expect it could continue, especially as BTCUSD rises and alt coins are generally cashed out for BTC. Bullish over the long term, but looking for a better buy opportunity next week.
CELUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has been able to get out of its triangle channel and start moving upwards. At the moment, it does not have the necessary energy to climb. We wait for it to stabilize above the line, then we enter the trade for the above goals. If the price enters the triangle, we also saw the support area.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Celsius TrendWhile the storm is behind us for now, i will take a bit time to make some education about "trends" behaviours.
So look at at Celsius Project :
- You can notice in the trend the regularity of Higher High and Lower Low... very harmonious and never too twitchy.
- Always bouncing on his support trend
- When you see a Trend acting like that, you can be sure that the project is not manipulated by anyone.
- Of course Celsius follows theKing because Theking is theKing! but his run his Healthy and not suspicious.
i will compare it with another coin to show you the difference between a normal trend and non sense trend.
Happy TraDing !
CEL Token Appears to Be In Upward Momentum ChannelOver the last 12 months, CEL has remained in a strong upward channel, although has fluctuated between strong upward trends and "breathers" (consolidations) where it eases off for a bit (indicated with a red background).
In my humble opinion, the main reason for this strong upward trend is the unique tokenomics of CEL, which include:
Celsius depositors buying CEL in order to gain access to higher interest rates
Celsius borrowers buying CEL in order to gain access to lower loan interest rates
Celsius buying US$1-2 million of CEL every single week on the open market in order to pay interest to users
Significant user growth
Consistent flow of new partnerships with crypto exchanges and other services
New features which will continue to attract new users
Assuming these continue, I believe the next 6 months will be positive for the CEL token, and if it remains in the upward channel, it has the potential to reach the targets indicated.
Time Ticks By #Celsius $CEL $CELBTCWeekly
Looking at our highest timeframe we can see CEL has not been involved in a bull market. Price action showing we are respecting our bullish channel, resistance at 2500 satoshis. Stochastic RSI showing momentum is in favor of the bulls however it does seem to be slowing down. Weekly support is shown at 2200 and 2000 satoshis. A rejection from 2500 and we should be seeing a sell-off to 2000; a look at our smaller timeframes will give us a better idea.
Daily
Shifting over to our pattern timeframe we get a better picture of our minor uptrend starting from April 11th. Stochastic RSI showing bearish momentum has bottomed out and it continuing to the upside. A daily bullish engulfing confirms support has been found and we will continue to the upside. Resistance at 2750 satoshis, followed by dynamic resistance at 3500 satoshis. Rejection from this level and expect a sell-off to 2000.
The 8th Wonder, Compound Interest $CEl #Celsius @CelsiusNetwork
Weekly
Celsius Network; the crypto that lets you earn interest in holding your crypto. Yet to see a bull market this crypto is already being used. Looking at our trend timeframe we can see since being introduced to the crypto space Cel seems to be respecting a bullish channel. All time high closed at $0.1730 and our all time low at $0.0350. The price currently sitting at $0.10-$0.11, stochastic rsi showing momentum heading up although we are currently in consolidation. Fundamentally a great project with technicals to match.
Daily
Shifting over to our pattern timeframe we get a better look at minor uptrends and downtrends being formed and broken. Stochastic RSI showing momentum is in favor of the bears, however, price action is starting to show signs of support. The last time we were at this price we saw a jump from $0.11 uo to $0.16; followed by a small retracement anda push to $0.18. A daily close above $0.1050 is a good sign we have found support and should continue to the upside either after consolidation or immediately.
CEL Challenger - Waiting to buyHello,
For this stock we have seen a recent break of a downward channel from 2016. volume confirms that this break is real and looks to be the reversal of a long downtrend. however the stock has gone up 500% since Aug 2019. Now the market will come back to test the breakout and potentially lower. shake out of weak hands/fomo buyers etc.
from the analysis we have been stopped at the 50fib and at resistance high from early 2016, it also coincides with a 1.27 extension from that 2016 resistance. RSI is very high showing it is overbought and this has been on a tear since mid 2019.
I marked a big accumulation zone however I don't believe we will break below the 61.8 at .095 (52% drop in price from here). I will start to accumulate some between .125 and .095. this channel that we broke will now be strong support, it coincides with 50%&61.8% retracements of this leg and the daily 50 moving average is there too - so it is a very strong support area. If we do not hold that area we can see a retest of the lows at .02 (but I am doubtful of this low)
I put the upside targets in the medium term in yellow
Lots of these small miners have broken out but the market will give us a chance if we are patient to buy them lower. I have posted other charts sharing that the gold price/silver is looking to pull back. The big cap miners already showed a pull back and that is usually indicative of a drop in the spot prices of gold/silver.
I will be posting several charts on small cap miners and I plan to trade them during the next two years, it should be an amazing time for gold and silver and the miners which should see spectacular gains.
Thankyou
CEL could have some bullish movements soonChallenger Explorations Limited are looking like they are siting in a short term bottom
Fundamentals.
South African Mining Minister has announced petroleum and gas mining are be given fast track approvals (shale gas mine application in south africa) following independent audit of SA's mining revenue found then well below where they should be ranked globally.
South Africa plans to move to 100 % clean energy in the coming years (solar, wind and nat. gas)
application for land is wedged between CHEVRON and SHELL claims in an area with high volume of GAS.
South American gold silver and copper mines are set to begin drilling and should be close to revenue making stage of the mines in question (mines acquired in company take overs ((i believe in an attempt to create revenue as they are waiting for South Africa gas mine to kick off)).)
experienced and very knowledgeable team including the VC who has had a lot of experience funding mining companies in the passed.
Technicals
nothing much to look at here, in a nice triangle at the moment so a break out is imminent, volume decreasing through pattern as reinforcement of this theory. Massive volume spike with little to no movement on the price action shows this is a level of Highest liquidity and will often indicate levels where smart money is accumulating positions.
I'm Long on this one pending rev from south america and approval of South Africa's gas mine permit.
TP will ensue if price starts moving north bound!
I am of the opinion that we may be poised for a global, i doubt i will be holding a position in anything if that is the case.
DYOR
not a financial advisor
good luck ladies and gentlemen
happy trading.