Celernetwork
This Is Why The Celer Network (CELR) Can Be The Biggest GainerFalling wedge:
Since March 2021, on the daily time frame chart, the price action of the Celer network is floating in the falling wedge pattern. It was moving between the resistance and support of this pattern very well but after testing the support on 22nd June, the price action of CELR is moving directionless without hitting the support or resistance of this wedge pattern.
Big BAT:
If we take a look at the weekly time frame chart, then it gives us the clue that the priceline of BTC this time will not reach the support. Because in the long-term it has formed a very big bullish harmonic BAT pattern. There is also 50 simple moving average support in the buying zone and 100 SMA below this level. After completion of the final leg the price action was moved above the buying zone, but this time it has again entered the potential reversal zone. As per the Fibonacci sequence the buy and sell targets of this BAT pattern can be:
Buy between: $0.0248 to $0.0148
Sell between: $0.0488 to $0.0848
The buying zone is 40% wide therefore, we can use 50 SMA as stop loss. Breaking down this SMA will be difficult for the priceline.
Conclusion:
Even though the price action is moving directionless for the past several days in the falling wedge pattern. However, the falling wedge is considered as a bullish reversal pattern among the trader's community. At the same time, the bullish harmonic BAT formation is giving us another confirmation, that the price action will break out the resistance of the falling wedge and it can lead to a big rally soon.
Celer Bottomed- i will try to explain why Celer Network is currently near his bottom area.
- More we go far in the Time more the probality to go lower price increase, Prices have to follow the long term trend.
- So Celer ATH was 0.1$ and right now his price is 0.025$, if TheKing make another, Dip it would mean for Celer to go 0.002$.
- Everything can happen in Cryptos and those projects are still very youngs, that said, No Risks No Life, that's why you are parts of this game.
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i will give u my strategy for Celer Network :
- Demand Zone is 0.2$ as Celer bounced 2 times in the past and made like 1 month accumulation range in that price area before the first run.
- Buy 25% of what you want to invest around 0.02$ ish
- if Celer Break Down again don't touch it unless it reach 0.002$ ish, then invest your remaining 75%
- TP should be before 0.04$ for security and wait to see if Celer breaks the Downtrend.
-if your strategy is good, you don't even need to set a SL.
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Happy Tr4Ding!
CELER NETWORK UNDERVALUED PROJECT !Celer network is an undervalued project right now. With the incoming CBridge update, things are very bullish right now and the future is bright for CELR. This week we will see Celer from 0.3 cents to 0.5 cents. that is 50% increase. and possible this month or next month we will breakout above this bullish pattern.
Celer is currently priced at 0.03877 a 25% increase from last week. with a marketcap of 190M+
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CELR is going to the MOON! 🚀 🚀 🚀 CELR is currently forming a bullish flag pattern and its about to breakout ! It bounces at 0.786 fibbonacci. Price target is 0.16 and beyond.
With the current project CELR has its currently undervalued right now. Big news incoming this June. Its like Matic 2 months ago when no one knows its potential. DYOR.
CELR a layer2 is trading at 0.04cents with 250M marketcap. I believe it has a potential to become 1B+ in coming months with the ongoing project release.
I am very bullish on this one.
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Celer Network (CELR) Can Do 300% Mid-TermCeler Network (CELRBTC) just came out of a low and is showing many bullish signals... Let's look at hose:
We have bullish divergence with the MACD and RSI.
Prices broke and closed above EMA10 yesterday.
Today prices are moving above EMA21.
Volume is still low but this tells me that the real bullish action is yet to start.
The RSI is increasing rapidly and reaching 50.
Young bullish cross on the MACD.
Bullish altcoins market after massive Bitcoin bull run that is starting to consolidate (when Bitcoin takes a break, it is time for the altcoins to grow).
All these signals are telling us that Celer Network can go on bullish mode.
This is not financial advice.
Additional details on the chart.
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Namaste.
Celer Network Strong Bullish Momentum 72% Gain from Buy Zone 1Celer Network Strong Bullish Momentum, 13 EMA failed to test the 50 SMA, the bulls are back in the market pushing Celer back ATH levels. 72% Gain from Buy Zone 1 to the 127.20% Fibonacci level @ $0.11. Celer has been in this beautiful continuation pattern since our buy script signalled a buy after the 13 EMA crossed up above the 50 SMA on 27th February. The signal was shared with our group on Telegram and we are still enjoying the gains. 405% Gain since the 13 EMA crossed the 50 SMA in this bullish continuation pattern. We expect to test the 127.20% Fibonacci level in the next coming days/ week as we enter the new month after a short lived Retracement down from the ATH -30% from $0.094 to $0.065. Stellar performance from Celer since its addition to our Portfolio. Happy Trading, Have a great weekend :) $Celer