Celer
CELR.USDT (Y20.P4.E1).TA.Macro structureHi All,
Planning ahead phase:
After I looking at ADA, I came across this as its bouncing today to see why, and it makes sense with the Bullish div. playing out.
So I thought, what's the story on this coin CELER NETWORK. Hence my TA on the structure.
MY OBSERVATIONS and THOUGHTS:
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Daily gives you the trading strategy and with the 8 HRLY or 12HRLY, I find it easier to see the details (entry points) on the chart.
> Indicators show me a bounce here due to the Bullish div. on the RSI, double bottom.
> We are having the ABC correction playing out, targeting the 0.5 or 0.382 fib level, really depends how deep BTC correction is as well.
FYI, I don't expect a deep correction with the SP500 or BTC so maybe the 0.5 fib level is our target here.
> On the way up, we have 3 points of reference on the bottom trend line. The 2 bottom points is where the target is based on the BARR or Inverted BARR approach.
> As per chart, I'm assuming then the downward trajectory is some type of Wedge and soon we will see the top of the trend line of this wedge.
> Note how we passed the 0.618 level so this will be a strong resistance hence why I have placed the trend line and potential price action accordingly.
> On the chart, I envision the 0.5 level to be hit with potential dips in the orange section and if its was to be a deeper pullback, then a bottom formation taking place in the orange section;
Indicators:
> On the 8 hrly, we have Phoeix with the green rsi crossing over the red, in sync with the RSI bullish div.
> On the daily, we have no sign of a reversal any time soon based on the Phoeix indicator. Still downward pressure on the daily.
8 HRLY chart:
DAILY Chart:
3 Day chart: Phoeix downward pressure still there
CELER NETWORK GREENThis DEFI coin looks good. most of DEFI coins reached ATH already, but this one is just starting his move.
ichimoku turned green clouds on weekly TF.
Target is 200 Sats and his retracement to golden number.
i don't show others indicators but they look like turning in bullish mod.
Can buy now for 100%++ Gains but sell it before 200 Sats for security!
Invest safety, wisely and always keep some power for rebuy in case of BTC King Cr4sh !
Happy Tr4Ding !
CELR will blast off like ZILthese charts are nearly identical when you zoom out on the 1D timeframe. CELR has been lagging behind ZIL but recently it's started moving in the parabolic direction. I expect a retrace to the boxed area before it moves up in the next impulse and then it will most likely be in a strong uptrend similar to that of ZIL. Pull up your chart and compare them you'll see the full picture :)
CELER TETHER ⚠️ Can CELR's Bull Run Continue After a Pullback?💬 Celer (CELR) was red hot when it first IEO'd on Binance. It looks like the Celer love is back after a MainNet update and some bullish price action.
Can this bad boy of Binance bust out of its overhead resistance, or is it back to cellar for this one? Let's take a look at some levels to find out.
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Support:
S1: The S1 S/R Flip and continuation range is our primary support and where the bulls will want to defend price. As long as we stay at S1 or above, it is only a matter of time before resistance is tested. Bulls just need to rally enough here to break the cycle of lower highs and show the world that the current bullish price action isn't just a continuation of the longer timeframe bear trend.
Resistance:
R1: The R1 bearish orderblock and major pivot point formed from the previous high before the COVID crash is the first major resistance Celer bulls have to face. A rejection here could lead to a retest of S1, so that is something to watch out for.
R2: The R2 S/R flip is the major resistance. This level saw some significant price action back in 2019 and is likely to see a reaction again. R2 makes a great target for swing trading bulls, but that doesn't mean CELR can't go further, perhaps by turning this old support level back into support.... we'll have to see when we get there.
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Summary:
There is every reason to be bullish on CELR here if the bulls can stay above S1 and break the cycle of lower highs. Even if the bears manage to defend R1 or R2, there are gains to be had in the meantime. Good luck people and make sure to manage risk accordingly to your own strategy!
Resources:
blog.celer.network
✨ Drop a comment asking for an update, we do NEW setups every day! ✨
This Is Why The Celer Network (CELR) Can Make You RichHi guys hope you are well and welcome to the new update on Celer network. The CELR token had recently a big event of stacking mainnet launch on 30th of June 2020.
Movement in upchannel and EMAs:
Now if we switch to live daily chart then the price action of CELR token is moving in an up channel. After 2nd June the price action was already moving up after getting bounced from the support of this channel. But after 9th June the price action surged high and rallied more than 54% and even moved out of the channel but during the retracement and retesting the resistance as support the price action failed to retain the support and moved back into the channel.
At this time the price action is moving above exponential moving averages 10 and 21 and trying hard to breakout the resistance of this channel. This time the price action has achieved higher than the previous recent high price level. Therefore there can be strong chances of breakout because while attempting to breakout the price action has good supports of EMA 10 and 21 as well.
Catch the wave using Bill William alligator indicator:
Here the Bill William’s three lines or alligator indicator can be really very helpful to catch this bullish rally. We can use this indicator with the combination of an up channel. If the smallest time period moving average moves below all the moving averages and the biggest time period moving average moves above all and it gives the sell signals then we can see if the price action has broken down the support of the channel or not. If the support is not broken down then we can ignore the signal otherwise we can sell and use it as our stop loss.
A big bullish Butterfly move:
Now I would like to show you a very important and significant move by the price action of Celer token on the long-term weekly chart. And here the CELER token has formed a big bullish Butterfly pattern. At this time the price action is geared up from the potential reversal zone and moving above this PRZ level. If we take a closer look at the chart then the price action has found last support at $0.00133. Therefore seems to be impossible for the priceline to move down than this level. As per Fibonacci sequence of the Butterfly pattern the buying and sell targets can be as below:
Potential reversal or buying zone: $0.00206 to $0.00133
Fibonacci projection or sell zone: $0.00715 to $0.01952
Conclusion:
On the long term the price action is in uptrend. However, on the short-term daily chart the price action is at the resistance of the channel. If the price action will be not able to breakout the resistance then we may witness a downward rally up to the support again. This channel support should be used as a stop loss in case of complete breakdown of the support.
LONG - CELR - Trading OpportunityDouble bottom on BINANCE:CELRBTC with a bullish divergence on the support holding strong. Risk/Reward is quite good so there's no harm in going for this one.
Entry: 0.00000041
Target 1: 0.00000052
Target 2: 0.00000058
Target 3: 0.00000068
SL: 0.00000037
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Celer Network (CELR)CELRBTC
Celer Network
it is also a project that started trading on the Binance exchange after IEO.
after that we saw a pump and a long-term depreciation. Now we have been in the accumulation zone for several months. They formed a triangle like many other altcoins. But I see interest in this coin - new volumes. And over the next few weeks, we will break through the resistance line of this triangle. And fly higher.
This coin is also on my list of coins that have good growth potential. For speculative investment.
CELRBTC formed bullish Gartley | A good long opportunityPriceline of Celer Network / Bictoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000062 to 0.00000061
Sell between: 0.00000064 to 0.00000066
Regards,
Atif Akbar (moon333)
Celer Network (CELR) - 1:3.6 risk-reward @coinselorCeler Network set out a new 42-day high and is trying to break out from a well established trading range. Volatility is still pretty low and trade is offering a very realizable 1:3+ long trade.
It is also possible to wait for a lower intraday wick and improve risk-reward. However, I always advise against buying dips during trend-following type trades. We want to buy strength.
BINANCE:CELRBTC
Market Cap:
$18,318,765 USD
2,195 BTC
CELETUSDT has formed a bullish BAT | A good long opportunityPriceline of Celer Network / Tether US cryptocurrency has formed a bullish BAT pattern.
Stochastic is oversold but MACD is still strong bearish so I would suggest to wait for MACD to change weak bearish and then buy within the PRZ area.
I have usded Fibonacci sequence to set the targets:
Buy between: 0.00773 to 0.00755
Sell between: 0.00815 to 0.00878
Regards,
Atif Akbar (moon333)
CELR - Excellent potential in the short and medium term!Purchase Price BUY 0.00000049
Short term
Take-Profit: 0.0000063
Take-Profit: 0.0000070
Medium term
Take-Profit: 0.00000080
Take-Profit: 0.00000089
Stop-loss: 0.00000044
Recommended trading volume: can reach 5-10% of the size of your deposit.
CELR - fix 10-25% of profit