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CELRUSDT

CELRUSDT at a key level!Hey guys, As you asked about CELRUSDT, based on the chart, price reached a major resistance area an actually there is nothing to do right now because we have 2 different scenario at the moment: 1. rejection of price from this level (or even a false breakout): It may lead the price to drop on specified areas. (probably 0.043 ) 2. Breaking this area successfully: We would wait for the pull back and the next target would be 0.095 ----------------------------------------------------------------------------- But let's see what's happening on the chart right now: 1. An uptrend channel is broken to the upside ( Bullish ) 2. Price reached a major resistance area + 0.618 Fibonacci ( Bearish ) 3. We have a divergence on RSI(14) ( Bearish ) --------------------------------------------------------------------------- So comparing these 3 states, I have bearish bias, but still we need more proofs. It was my view about the market and I would be thankful if you share your idea about this post, Bullish or Bearish? and Why? Good Luck
by Brian_Philips
8
When to buy CELR? CELRUSDT$CELR definitely got the best buying spot here, with this strong supporting trendline since the bottom. Even during a BTC crash in August 2021, it still able to trade above Tenkan-sen, it looks to break the previous resistance of 0.05191, which was the previous shadow of kijun-sen on a daily timeframe, although its been testing multiple time, it might break this $0.05191 level to meet $0.05882, which is like a 30% profit if rose up from the current price. A break above that would meet $0.06778, but the blue line seems to be a thick resistance due to its past S/R flipped.
Long
by Khobi7
CELR > Trendline Support > Next Opportunity to long again?Hello Friends, Hope you all are having a thrill in your trading journey. I am presenting you my analysis of CELR. According to my technical analysis, CELR is following a trendline support. Now, we are expecting a fall to trendline and a rise! "My analysis is valid until We don't see a breakout from trendline" I hope my analysis is pretty clear to you guys. Kindly do your own research and follow proper risk management. Feel free to share your views in the comment section. Like and Follow! Best Regards, Shaswat Naman TradeThrill, India🇮🇳 Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Long
by tradethrill