Celr
CELR - Broken Out, Ready to put up gains?!CELR network looks like it's go a confirmed breakout on BTC chart. LOADS of headroom, volume confirmed on breakout and bullish ABCD before the breakout.
Very promising signs across the board. I expect to see some serious movement here soon. Target are mapped for long term.
CELRUSDT can reach previous high after this butterfly moveButterfly move:
The previous Butterfly idea produced more than 189% rally so far.
Support and resistance:
On the weekly chart, after the rally the priceline has found strong support and now moving towards the next resistance level $0.0135. In the meanwhile, the price action of Celr has also broken out the 25 and 50 simple moving averages as well.
Up-channel and harmonic moves:
On the daily chart, the price action of CELER Network has formed an up-channel and forming different harmonic moves. After the formation of a Gartley move, the next Gartley formation is expected. To complete the next Gartley the SMA 200 should be broken down. The Bollinger bands is also moving up. We can also see powerful volume spikes as well.
Conclusion:
The price action of Celr token may move down to complete another bullish reversal Gartley move on the daily chart. On the weekly chart, the priceline is moving up and after breaking out the $0.0135 and $0.022 resistance levels it can easily go to the previous highest price.
What is your Watch List for Crypto? Here is Mine 20201212What is your Watch List for Crypto? Here is my 2nd List, for the first list please check the following Link.
List: UNFI, ETC, CELR, COTI, CTSI, AION,ETH,NEO
Welcome to share your Watch List in the comments.
I will share more coins by Updating this idea, welcome to follow.
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Do NOT Sleep On This ALTCOIN MartyBoots here. I have been trading for 13-14 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin Bull Market could be here right now
CELR Is very bullish here . Dips are for buying
If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading , check out the link above
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
Celr/btc aim at previous bottomCelr/btc
After break of trend line previous support
celr dropped too much
But i think more drop will come
Here is some weak support around 36-38 sat
But i dont think it will hold
If break of that level happens as I expect
Then next interesting buy area is around 20sats which was previous bottom
strong bull will enter there if price dropped
I Don't recommend bbuy blindly at 20sat it should make base of support and you see bullish rejections
If you like hit my ideas like button and follow up with me for good signals