CELRUSDT
LONG CELR/USDTCELR has formed a Cup & Handle pattern. Broke out and done with the retest.
I am placing my long orders now.
Entry: $0.04885 to $0.05022
Stop Loss: $0.04298
Targets:
$0.05329
$0.05656
$0.06077
Accumulate the dip and book profits in the targets given above.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.
Intraday Trade - CELRUSDT - LONG POSITIONFUNDAMENTALS!!!
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.
TECHNICALS!!!
a. Price is above moving averages especially 55sma.
b. Price is above ichimoku cloud.
c. RSI is above 50 and in bullish region.
d. MACD - giving bullish signal with momentum rising.
ENTRY AND EXIT POINTS ON THE CHART!!!!
LETS KEEP OUR FOCUS ON LEARNING INSTEAD OF JUST GETTING THE SIGNALS.
CELR TO 0.1 USDT Celer Network is a layer-2 scaling platform that brings fast, secure and low-cost blockchain applications on Ethereum, Polkadot and other blockchains to mass adoption. Celer launched the world’s first Generalized State Channel Network and continues to push the frontier of layer2 scaling with advanced Rollup technology. Applications and middlewares like CelerX, cBridge, layer2.finance and more built on Celer have attracted more than one million users in the gaming, DeFi and blockchain interoperability space.
CELRUSDT Might ExplodeAt the moment CELR is trading at .0299 level and smoothly following the lower resistance line. The MACD lines are showing a decline where CELR is smoothly up trending. This condition usually denotes that the market oversold and investors want to buy at a price where not much sellers are available.
If the market is kept under such a condition it explodes either way, the usual pattern is is MACD is downwards market explodes upwards and voice versa.
This is only an analysis and not a financial advice.
CELR Breakout! 🔥💥⚡CELER finally managed to break a long-term downtrend and get ready to move towards the goals drawn in the chart.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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CELR testing the support zone CELR is now at the major support zone. The next resistance area is $0.0294-$0.0298 and $0.0335-$0.034. This is a good risk and reward trade. Expecting a good bounce from the support zone.
Buy Zone: $0.0248 - $0.0253
Target: $0.0271 - $0.0294 - $0.0334 - $0.0378 - $0.0415 - $0.0463 - $0.0513 - $0.055
Celer Bottomed- i will try to explain why Celer Network is currently near his bottom area.
- More we go far in the Time more the probality to go lower price increase, Prices have to follow the long term trend.
- So Celer ATH was 0.1$ and right now his price is 0.025$, if TheKing make another, Dip it would mean for Celer to go 0.002$.
- Everything can happen in Cryptos and those projects are still very youngs, that said, No Risks No Life, that's why you are parts of this game.
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i will give u my strategy for Celer Network :
- Demand Zone is 0.2$ as Celer bounced 2 times in the past and made like 1 month accumulation range in that price area before the first run.
- Buy 25% of what you want to invest around 0.02$ ish
- if Celer Break Down again don't touch it unless it reach 0.002$ ish, then invest your remaining 75%
- TP should be before 0.04$ for security and wait to see if Celer breaks the Downtrend.
-if your strategy is good, you don't even need to set a SL.
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Happy Tr4Ding!
CELER NETWORK UNDERVALUED PROJECT !Celer network is an undervalued project right now. With the incoming CBridge update, things are very bullish right now and the future is bright for CELR. This week we will see Celer from 0.3 cents to 0.5 cents. that is 50% increase. and possible this month or next month we will breakout above this bullish pattern.
Celer is currently priced at 0.03877 a 25% increase from last week. with a marketcap of 190M+
Like and share if you agree !
AND SPREAD THE WORD OF CELER NETWORK !
CELR broke out Finally? 🤩Hello Traders. Hope you are doing well.
Well, finally after my last analyze on CELR, which I have shared the link down below, price has managed to break out of the descending line and has already
made a pullback to it. So you can make a long position here. Stop loss would be if 4H candle closes below the descending line and the target can be around
0.1$.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on CELR and don`t forget to comment what you think. ✌