Celr
Celer Network Full Chart AnalysisCeler Network (CELRBTC) started by conquering (moving and closing above) Ma200, the black line on the chart.
A strong bullish wave followed after this resistance was taken out... This level now turns support.
After CELRBTC peaked, it moved down to test MA200 as support, and this level holds.
A higher low is printed exactly at the 0.786 Fib. retracement.
We have 3 signals pointing to the 44-46 support range as being a strong one.
1) MA200
2) Trendline
3) 0.786 Fib.
There is more...
The MACD is showing hidden bullish divergence, which I explained in the ATOMBTC chart.
A young bullish crossover is also taking place on the same indicator; the MACD.
Prices can move up from here.
Another higher low... The altcoins continue to grow as predicted.
Thanks a lot for your support.
Namaste.
(Note: Check the related ideas below for previous charts on this pair)
CELRUSDT AnalysisAs of now, there are 2 BUY & 1 SELL signal present.
I'm not fully bearish because there are 2 BUY signals present but the risk-reward ratio is lower than 1, so I don't recommend you to buy right now.
If you want to buy, you can wait for candles to open close above the resistance level (0.011) for 1D.
After you buy, please watch out for EngineeringRobo's sell signals and consider to sell if it breaks down the support level for 1D open close candle.
CELRUSDT analysisMA20>MA50, buy2 and buy3 signal . Here is my analysis:
1. We can buy when risk/reward ratio is greater than 2 = 0.01123usdt
2. We can buy at support = 0.009usdt
3. We can buy when resistance turns to support = 0.0187usdt
We can use sell2, sell3 or when MA50>MA20 signal for sell decisions. Otherwise, we can also sell at resistance depending when you buy.
CELRUSDT ANALYSISI am bullish at the moment I have 4 positive signals and also I saw buy3 signal
If you bought this coin with Moon signal in May enjoy your 5x profit also if you bought this coin when it broke the down trendline enjoy your 3,5x profit
So that you can buy it right now and watch the EngineeringRobo' s signals carefully. If you still hold this coin don't hurry to sell it just wait for a while.
Have a good trade . If you want to use EngineeringRobo please dm me.
✳️Celer Network [CELR/BTC] on July 31 #CELR $CELR #CELRBTCCELR is currently in the process of adjustment and it is quite difficult to talk about its future.
The next target of CELR is the 50sts zone, which will be the area that determines its future.
If it can pump from this zone, the target will be 130sts in September
But if this 50sts zone can't stop it, CELR will quickly return to the 30sts area
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 :)
is CELRBTC the next Elrond? is 300% in the making?Celer has broken a lot of big resistances and last one was 55. After that one there is one more left in my opinion it is 65. If it happens clear way to 78 .
By the way, 'imho' bitcoin dominance is printing a bear flag right now. So i am expecting one or two more month of altcoin growth.
other targets are ;
I. 93
II. 115
III. 151
entry: 61 or wait for 65 concured.
Stoploss:54
it is a %12 loss risk which is not the best but i beleive this stop point is necessary.
Reward is at least %27 at 78 so R:R 1/2.25
at 93, reward is %52 and R:R 1/4.33
Lets see if it works. Wish me luck :)
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
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