Celr
UNI (bullish flag)UNI / USDT
This coin is one of most impressive coins during bear market and running over 50% in spot after we bought it
Currently it printed a bullflag which is a bullish continuation pattern : a break above this pattern may produce another bullish toward 9$-12$
The only concern these days is BTC , because altcoins wont do much when the king is in decline thanks to the bad international economic environment in background..etc
However we will monitor the price action at resistance if bullflag broken ,, the chance for next bullish wave is high
Celer Network (CELR) formed bullish BAT for upto 1357% big moveHi dear friends hope you are well, and welcome to the new update on Celer Network (CELR) token.
Previously we had a nice trade of CELR:
On a monthly time frame, Celr has formed a bullish BAT pattern.
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
CELER-BTCGreetings, a coin for speculation.
Downtrend, with constant lower low, on the daily chart finally appeared W formation with higher low. Price is at resistance of the downtrend (blue).
On higher TF a falling wedge pattern. With possible concave bottom formation.
For an entry point, you could consider from 55 satoshi support or when it consolidates above 66.
If you liked this material, in that case, please like it and subscribe so you don't miss anything.
Always use STOP, and do not use a leverage higher than x3.
A trader must always have tomorrow.
#CELR/USDT 4HPOUR UPDATE BY CRYPTOSANDERS !Welcome to this quick CELR/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for trade:-CELR/USDT symmetrical triangle pattern inside the trade and loar trade line buy green zone and the bounce upper trend line break and retest 2 and buy zone.
Entry:-$0.01807,$0.01867
Traget:- 110%
Stoploss:- $0.01751
with laverage 5x to 10x
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
CELR/USDT LONG SETUP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this CELR/USDT TRADE setup. CELR looks bullish here.
CELR is breaking out from the ascending triangle in the 4hr time frame. Currently, it is retesting. Long some now and add more in dip.
Entry range:- $0.1876-$0.01926
Target:- 40-50%
SL:- $0.018
Use low leverage 4x-6x
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
CELRUSDT - UPDATE!CELRUSDT:
Price is trying to bounce from a critical support zone area and gaining some momentum.
On a higher timeframe, it is showing a pullback scenario and trying to negate its downward move. So we are expecting in the upcoming session and will target a resistance zone. Breakout level will be at 0.054 $
Learning Wyckoff Distribution as RedistributionThe purpose of this idea is to give beginner analysists a introduction to some key principles and methodology used in understanding the movement of price within markets. One of those key principles is Market Phases, and we also use the Wyckoff Method to help us understand these Market Phases further.
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What is Wyckoff Method & Intro to Distribution
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"One objective of the Wyckoff method is to improve market timing when establishing a position in anticipation of a coming move where a favorable reward/risk ratio exists.
In accumulation, the shares purchased outnumber those sold while, in distribution, the opposite is true. The extent of accumulation or distribution determines the cause that unfolds in the subsequent move out of the TR ."
Wyckoff Theory & Schematics give us clues to which probable direction the price may head out of the horizontal moving price structure.
Reaccumulation is the continuation of Accumulation whilst Redistribution is the continuation of Distribution.
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Distribution
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I have attached a cutout from "Stocks & Commodities V.32:8 (14-18): The Composite Man's Bull Market Campaign by Pruden, Fraser, Bogomazov for educational purposes.
In this picture, described is the characteristics of Wyckoff Distribution
In a Distribution Trading Range two of the key characteristics are the UTAD (Upwards Thrust & Distribution) above the Trading Range, and the SoW's Signs Of Weakness's with strong volume at the bottom end of the range, trapped buyers above the trading range.
Distribution is one of the 4 Market Phases which we will learn about at the end of the the writeup.
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Redistribution
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After Distribution, Comes Redistribution.
Where after a extended down move, a repeated sideways movement occurs which leads to another downwards thrust.
By using the characteristics and schematics to identify Distribution we can also identify Redistribution using the same methodology. This also works with Accumulation & Reaccumulation, by looking for the characteristics of Accumulation inside Reaccumulation. (Read further to understand this concept)
So as you can see on the CELR Chart the characteristics almost match the picture Distribution identically, we can see at the Upper Range every time a breakout occurs it is quickly shut down by sellers indicating a strong presence of Supply. Eventually the UTAD occurs where buyers are trapped which is then followed by the price cascading down. The only difference is that this is a potential Redistribution instead of Distribution.
Redistribution is something many analysts struggle with and can be difficult to identify.
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Using Market Phases to gain further understanding of the Market Direction:
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The four Market Phases are.
Accumulation
Reaccumulation
Distribution
Redistrubution
Market Phases explained further: (Dont Miss This Idea If You Are A Beginner!)
(Additonal Infographic)
ibb.co
Now looking at the LONG TERM chart for CELR, we can see the current trading range of the Above idea (Marked in orange on the current chart below) is potentially Redistribution.
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Further Reading & Similar Ideas
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Learning Wyckoff Redistribution:
Learning Distribution:
For more information check out Stockcharts.com, Wyckoff Introduction & Tutorial for beginners.
school.stockcharts.com
Distribution Schematic:
school.stockcharts.com
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Final Thoughts
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By using the Wyckoff Methodology to look deeper into our Trading Ranges we can potentially have more clues in successfully identifying the 4 Market Phases described above.
So far our clues are showing us this current trading range on CELR may be showing weakness and probability of lower prices. Unless CELR manages to get back above the 0.075c area with strong Buying volume lower prices are probable here.
If found the idea insightful you can show your appreciation by sharing it or giving it a like, feel free to leave your thoughts and criticisms in the comments and thank you for reading!
CELR/USDT BREAK OUT! READY TO TEST A NEW ATH!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this CELR/USDT TRADE setup. CELR looks good here.
CELR is breaking out from the bull flag like structure in 2days time frame. It also breaks the 50ma resistance.
Previously, when it breaks this kind of similar bull flag we have seen a 500% move so now I'm expecting the same.
Buy as low as possible and hold it for few months.
Entry range:- $0.048-$0.058
Target:- 500%
SL:- $0.042
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Celer Network Can Jump by 160%Celer Network (CELRUSDT) has gone above EMA50 and is now growing strong while above this indicator.
We can see strong green candles the past few days and volume is yet to come in... At this point, low volume signals that the strong bullish action is yet to happen.
We can see fast growth short-term happen next.
We have the bullish MACD and strong RSI as confirmation.
Check the chart for the targets.
Namaste.