CELRUSDT
Binance: Celr buy / long 1dBinance: Celr buy / long 1d
Entry: 0.1
SL: 1d close below 0.08
TP: 0.19
As exciting as blockchain is, it can leave much to be desired with transaction speeds and throughput. The Celer Network (CELR) is a smartly designed layer-2 scaling solution that provides off-chain transactions handling. The Celer platform offers fast, simple, and secure off-chain transactions for both payments and smart contracts. The project was among the first to be developed using the Substrate framework and is part of the Polkadot ecosystem. As to the overall goal of the network, its founders envisioned unleashing the full potential of blockchain and revolutionizing Dapps with more efficient and productive outputs.
To learn more about this project, check out our deep dive of Celer Network.
The Celer Network Architecture
The Celer Network architecture (cStack) is built on four elements:
1) cOS: The core of the network that provides the workflow.
2) cRoute: A mechanism that allows an increased operations capacity by streamlining routes within the network.
3) cChannel: Channels for transmitting transactions within the network.
4) cApps: An ecosystem application layer used for scaling and user privacy.
The platform uses a Proof-of-Stake (PoS) consensus variation called Delegated Proof of Stake (DPoS). With this algorithm, participants may stake their coins for a reward while transferring the responsibility of validating transactions to "delegates."
CELR holders will provide tokens for liquidity and will receive a reward for doing so. The key point of Celer is that the platform allows layer-2 scaling for any blockchain. Thus, the project covers a wide spectrum of the market, multiplies the liquidity potential, and increases the product's reliability, coverage, and adaptation.
CELR network starting run to 1 dollar.Last TA on CELR got invalided this asset is incredibly volatile, massive swings and misleading volume reading but now this time round with the Gann Fans we can get a better idea on where price is going.
16 days we have been holding this trend line , price spikes down to the to the white box but instantly gets bought back , macro structure now finally in a uptrend. Sometime in the next 8 days we will have to see a break of the 2/1 Gann ratio or else we go down again.
Celer Network LONG ✅✅✅This crypto is one of recommended ones fundamentally which you need to have some Celer in your pocket.
it about 2 month we are in correction process, for now we are in strong demand areas which can take price much higher,
you can buy some here as first level and more when it hits our strong supports which determined on the chart perfectly
‼️Dont forget risk management‼️
Any question comment me bellow
@FxShzd
CELRUSDT , Its time to buy , Why ???Hello guys
Whats up ?
According to our last breakwave that we had and made new ATH , At this time we are in fibo 0.786 and we expect that the price should rise and support in here and go up
We shown on chart 2 zone for buying and hold it , Because CELR is one the most powerful project in layer 2 and that makes a bridge between the network and blockchain
In 1h time frame we are changing the trend from downward to upward and its time to buy
ITS AMAZING
Again , Dont forget use stop loss and attention to money management
Previous analysis :
Good Luck
Abtin
CELR 100% move incoming CELR has one of the most beautiful charts I have seen in a long time , its a monster and right now its getting ready for its next big move to 0.25. We have been in a descending wedge for 44 days and finally today we have broken it ,following very similar pattern from the last two major moves.
This TA is invalided with any daily close under 0.10 , I found this coin on by bit randomly since they added so many alt coins , never heard of it before don't know anything about the blockchain but if you just take one look at the coins structure and growth over one year you just know this coin's destination is up!
CELR broke out falling wedge potential to increase 150%#CELRUSDT
$CELR broke out from falling wedge pattern and now try to confirm broken resistance as support.
there is a long term support zone between $0.104 and $0.086 that if price hold this zone and break out from resistance zone around $0.15567, we will see #CELR to touch $0.26 and $0.29.
Celer continuing?Celr has made a nice move up over the past months. Fundamentally I believe this project has some value as well.
From a technical standpoint we can see a falling wedge, which is always a bullish signal in a bull market and thus likely to break upwards. Last touch of the lower line of the wedge coincided perfectly with our determined support zone and saw a big bullish candle afterwards.
I'm now waiting for a breakout of the wedge, a retest and then I can enter the trade. With a stop loss below the most recent swing low and a target at the -0.382 FIB level.
Are you hodling CELR?