#CELER/USDT#CELER
The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 0.01750
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.01800
The first target is 0.02084
The second goal is 0.02293
The third goal is 0.02523
Celerusd
#CELER/USDT#CELER
The price is moving within a 2-day channel pattern, which is a retracement pattern
We have a bounce from a green support area at 0.02280
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 0.02480
The first target is 0.02640
The second target is 0.02870
The third goal is 0.03084
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/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 $0.02, I believe we will land in the highlighted area of the chart above which is still above where we are at now. I think Celer is an underrated project in the space that has a function and secure protocol that is definitely helpful in cross chain interactions. Overall, I am long term bullish on Celer network and the future of the project.
Celer Network Analysis 04/03/2021as we can see the price has already done its accumulation and established its initial journey,
we can target the parallels legs of Fibonacci projection and if on the same impulsive wave we triggered the extension zone of 161.8% which is our 2 TP then we can be more confirm about the 3TP which is the 261.8% of the same Fibonacci projection.
there are total of 1 TPs and 1 Ultimate Target we have specified here where as the 1 TP is very close to achieve and rest may take some time but alternatively all will be triggered
Celer Bottomed- i will try to explain why Celer Network is currently near his bottom area.
- More we go far in the Time more the probality to go lower price increase, Prices have to follow the long term trend.
- So Celer ATH was 0.1$ 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!
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.