Celernetwork
Celer Network (CELR) forming bullish BAT | Good buy opportunityHi dear friends hope you are well, and welcome to the new update on Celer Network (CELR) token with US Dollar pair.
Previously I shared a long-term trade setup for CELR, which is still in play as below:
Now on a 2-hr time frame, CELR is about to complete a bullish BAT move for another price reversal soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
CELR/USDTCELR/USDT- Doing incredible and playing out "Exactly as predicted" lol. IO think this has so much room left to grow as a long term project. Its a no brainer for the defi space.
CELR/USDCELR - An undervalued gem considering how much volume (12 billion+) which has been transacted through Celer networks' cBridge.
Celer Network descending wedgeCeler Network descending wedge has formed, the breakout should be a powerful one..
CELR/USDT - wen $0.02+?CELR/USDT - wen $0.02+?
I am expecting CELR to retest the resistance at 0.195. If the bulls can push us above $0.02, I think we can run up to $0.032 - by the end of February my conservative estimate, even if we are rejected at $0.02, I believe we will land in the highlighted area of the chart above which is still above where we are at now. I think Celer is an underrated project in the space that has a function and secure protocol that is definitely helpful in cross chain interactions. Overall, I am long term bullish on Celer network and the future of the project.
CELR/BTC A quick Short CELR/BTC had a massive pump today, I am expecting a pullback to about 65 satoshis in the very short term (24-48 hrs).
CELR/USD- I AM GOING LONGCeler Network is pushing upwards and looking like its going to have a huge move coming up.
CELRUSD - pushing right up at resistance!CELR/USD pushing right up at a big resistance, if we break through, the upside move can be massive.
Good luck!
CELR/USD LONGIMO if CELR can break back into the channel (dark blue lines on the chart) we can continue the uptrend.
If it fails below the 1st level of support (green lines in the chart), I would then expect it to go further down to the second level of support on the chart and my theory would be invalidated.
As far as fundamentals go.. Celer is a great product that is needed in the space to enhance interoperability between chains.
Good Luck everyone
CELR/USD LONGlooking for a breakout with increasing volume and three solidiers on the chart signifying a trend reversal.
Target 0.01515
CELR/BTC breaking upwardsTarget #1 is 85 Satoshis, this target aligns with the fib extension - 0.236, and the upper Bollinger band. This move would be about a 25% move to the upside
Celer network!Pushing up against the top Bollinger band and RSI is overbought over 70, proceed with caution however, I am holding on to this one because I believe it will pan out soon.
Good luck !
CELR/USDTCELR/USDT looking bullish, it is a great project that I have had my eye on for a while. L2's will be a leading narrative going forward in the space. Matic is holding up the best amongst all cryptos, I think that just as L1 coins flourished, L2's with utility, superior tech, and strong communities will succeed. Celer network will help interoperability among blockchains through cross chain bridges.
01/12/2023
Position Entered at 0.0116
Current Price: 0.01205
Target #1: 0.022
Target #2: 0.027
Target #3: 0.030
Good Luck everyone!
CELR technical analysisPrice is still moving down from the 2h supply zone as expected. I expect price to move down towards the 5h demand zone where we would be looking to long from.
Celer - Bullish Short TermLooks bullish here.
Sitting on 2020 high as support.
And volume is picking up too.
Soon it can move to $0.026.
Re-newed attempt to change the trend for Celer Network.Through this strategy we can see that the down trend continued and the previous attempt to change the trend was un-successful.
Further continuation of the downtrend is possible as far as 0.010. I have taken this as an opportunity to continue building my position.
There is a macro pennant formation and a channel within this pattern.
It appears that more people are becoming interested in Decentralised finance. The hikes seen on interest rates may further fuel the exodus from traditional finance.
My decision to adopt Celer Network, it's instant messaging protocol and SGN is simple; Any holder of celer becomes a valuable asset to a rapidly expanding network of protocols and layer 1 chains.
The brilliance of the mentioned protocols can be seen in the speed of adoption at the institutional / developer level.
22% Weekly Swing on CelerUsing my strategy I am aiming for a 22% increase in Celer short term.
Accumulation range is a good place in time to swing and accumulate with decent volatility.
I do believe this is the bottom for the market going forward.
My trigger is the RSI outliers above the travelling Median. Better ones come at the end of a good set.
Not long enough for Celer Network (before Merge)Can you guess the time frame?
Celer Network keeps coming to mind with the merge approaching.
ENS service and constitution reminds me a lot about the ideas when I first realised what Celer could be used for.
Seeing the likes of Eth, Dot and Link intrinsically dependant on celer as state guardians.
You need celer to access the star bridge
Celer Network CELR bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Celer Network CELR has a negative overall sentiment recently.
I have the following price targets:
CELR/USDT short
Entry Range: $0.015 - 0.019
Price Target 1: $0.013
Price Target 2: $0.011
Price Target 3: $0.009
Stop Loss: $0.021
CELRUSDT Short to SupportCELR is quite weak if compared to other cryptocurrencies. This might due to the recent hijacked event on celer bridge. Short now to the next support line 0.1147.
Celer Network 1 Billion tpsRe-accumulation phase for an incredibly bold proposiiton.
1 Billion transactions per second seems light years away compared to today's speeds,
With Celer, the path to 1 Billion tps is becoming a reality.
The SDK will have a massive network effect.
Celer to the moon?Volume confirm trend and price has a strong bullish trend. If in 4h it break sr line with good volume. But just I dont like1 thing,rsi divergence.
Thank yo for follow,like and comment.
