Celrusd
CELRUSDT Look Bullish!CELRUSDT (1H CHART) Technical Analysis Update
CELR/USDT currently trading at $3.95
Buy-level: $0.080- $0.083
Stop loss: Below $0.073
Target 1: $0.090
Target 2: $0.096
Target 3: $0.105
Target 4: $0.10
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Celer Network 1hr Ourlook: Bullish flag in playHi Guys.
Another of my longer term holds is Celer Network.
I am observing the bullish flag in play that can set Celer from 0.07 till 0.09 usd.
I am seeing a confirmation of the lower trendline being support and we are currently braking out rowards 0.055 and further. Everything depends on the overall market move.
All the lines are pulled out for a reason.
Comments and critique are welcomed.
Not financial advice.
DYOR!
Cheers!
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.
CELR/BTC (Testing Weekly Key Support)💎Technical Analysis Summary💎
BINANCE: CELRBTC
-CELR is now back at its previous weekly key level of support
-This zone has been an accumulation area last March-May trading history
-Before the strong pump up to 120s sat last August
-It still not recommended buying at the market price
-Without any signs of strength or reversal patterns
-Because we have seen multiple Altcoins breaking their key levels
-Please patiently wait for proper confirmation to reduce the risk
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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:
=============================================================
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
CELR/BTC (Pullback To Key Support?)CELR/BTC
-Celer network made another Higher High after breaking the 89 sat recent top
-We can see good volume during its daily uptrend
-Currently, the price is struggling to move higher
-If this will be the temporary top, it might be ready for a pullback
-Potential key support is located at 75 sat range
-If recent uptrend will repeat its self, 75 sat area needs to watch carefully
-Because once the price touches that level and confirms support
-Celer might run up again with 60% potential profit
CELR/BTC (Retest Key Support Area?)CELR/BTC
-We can see a Bearish candlewick last July 27
-That was an early warning signal of potential top
-Today, the price dropped -30% from the High
-The key areas to watch if you are looking for swing trade is 55-52 sat
-There is a high chance of potential bounce reaction once hit
-Just be patient and plan your trade accordingly