Celsiusnetwork
Celsius (CEL) - The year of pacience and consolidation. Everyone holding the CEL token may feel slightly frustrated at the moment. The market is moving up but Celsius is doing a whole lot of nothing.
Some things to keep in mind:
- The CEL token is a lot closer to its ATH than many other coins.
- The CEL token price almost ignored the May dip.
- The CEL token has been known to consolidate in a narrow range before moving.
I bring your attention to the chart. The price is narrowing as we speak and has done so for all of 2021. During this consolidation Celsius Network has grown immensely and with the in app swaps, credit card, equity round etc coming out, the company is going well. This pattern ends in September / October.
During the fall of 2020 the CEL token put in close to a 20X. Will we have a repeat move this fall?
Stay tuned and HODL.
[UPDATE CELSIUS] Side action until the end of Oct, then 90-100$?I still think CELSIUS is one of the most well performing safe crypto utility assets out there.
This is what I see.
$CEL #CEL to return back to $8 sooner than you thinkThe #CEL $CEL token has broken its downward trend. There is some psychological resistance above at $7 and $8 but with all the news of how well they maneuvered the Prime Trust and UK FUD, they will return, and return stronger than before.
Weak hands (including some whales) have been shaken out on the way down. CEL is one of the strongest communities. You'll be surprised at how quickly this returns to $8 and eventually $50 + by end of the bull market cycle.
BULLISH.
CEL | Celsius Price Prediction Analysis By Japan Crypto MastersCelsius (CEL) is an all-in-one banking and financial services platform for cryptocurrency users.
Id say this is pretty bullishBroke long term resistance. Worst case scenario we break South to the bottom of the pennant in the $5 range but with big news coming I think we have strong support above resistance thiss time. I expect short term pump with retest of current levels.
Use my referall to sign up for Celsius network HODL or Buy High Sell Low‼️ #notfinancialadvice
Celsius TrendWhile the storm is behind us for now, i will take a bit time to make some education about "trends" behaviours.
So look at at Celsius Project :
- You can notice in the trend the regularity of Higher High and Lower Low... very harmonious and never too twitchy.
- Always bouncing on his support trend
- When you see a Trend acting like that, you can be sure that the project is not manipulated by anyone.
- Of course Celsius follows theKing because Theking is theKing! but his run his Healthy and not suspicious.
i will compare it with another coin to show you the difference between a normal trend and non sense trend.
Happy TraDing !
CEL token in new triangle, will BREAK OUT to $11 range soon CEL token in the new triangle will break out to $11 range soon
As you can see the #CEL token usually goes through a consolidation triangle, before breaking out to a new triangle on the upside in a quick span, before consolidating again.
Considering
-Growing Assets Under Management, Users this pushes up the CEL token price due to the flywheel economics
#CELSIUS #CELTOKEN #CELUSD #BULLISH #ROCKETSHIP
Celsius Token at good support level- to break out test ATH soon Celsius Token at good support level- to break out test ATH soon - Then to go into price discovery
Wallets, AUM are climbing very fast, and as price of underlying assets (BTC and altcoins move up) it will push up the CEL Price
Should be an exciting few months.
Celsius Next TargetCelsius stayed strong in this Dip, slow dipping is often followed by Hard Pumping, it's just a matter of time to make a good come back.
As Always follow the King moves as first influencer.
What Is Celsius (CEL)?
Celsius (CEL) is an all-in-one banking and financial services platform for cryptocurrency users.
Launched in June 2018, it offers rewards for depositing cryptocurrency, along with services such as loans and wallet-style payments.
Users of the platform receive regular payouts and interest on their holdings. Celsius’ native token, CEL, performs a variety of internal functions, including boosting user payouts if used as the payment currency.
Who Are the Founders of Celsius?
Celsius originally came into being as the product of creators Alex Mashinsky and Daniel Leon in 2017.
Mashinsky has a long-running history in the internet development sphere, having worked on the Voice Over Internet Protocol (VOIP) in the 1990s and other technologies since. Celsius is far from Mashinsky’s first corporate venture, with seven startups and 35 patents to his name, the project’s official website states.
Trading Parts :
Buy Zone : 5.90 - 6$ (now)
TP1 : 8$ (Security TP)
TP2 : 9.95$
Stop loss : 5.49$ ( if Daily Candle close down this zone)
Happy Tr4Ding !
CELUSD ~ Accumulation along 50D MA, rocketship fueling up...Disclaimer: I hold about 1/3 of my crypto assets in celsius.network for long term staking APY%, so I am a holder of CEL in rewards...
I do not trade CEL, but I do HODL from weekly rewards. However I have been curious a long time about trying to trade CEL because of its high DAILY volatility which is actually quite predictable.
As you can see on the chart, the price of CEL fluctuates up to +/-20% per day, making it a fairly easy swing trade crypto if thats your thing.
(ALWAYS long in a bull market, NEVER short)
However, while we are waiting for BTC and the market to accumulate and make its next big move, CEL is positioned perfectly along the 50D MA (yellow line on chart) to make a major move up to the next bracket which should be a solid 100-200% pump over its previous ATH flipping said ATH into a support.
I dont know many who actually trade CEL - and I'm pretty sure its just those of us HODLing who use celsius to gain high APY% rates on our HODL cryptos, but this is a good trade setup if you do.
I might actually pump my CEL coffers a bit soon and get myself into gold or platinum tier for higher APY% rewards in prep for the next move up. Might as well....
If you dont know about celsius.network, heres a ref code so you can signup and get some free $$$.
Basically - its one of the best 3 places to hold your cryptos longer term as they will give you weekly rewards (that compound weekly) for simply holding your cryptos in your celsius wallet.
The company is fully insured up to $2.5m and the reward rates are top notch for many coins.
Between Incognito, Celsius, Crypto.com, TrustWallet, and Atomic Wallet, I am able to stake nearly all my coins for between 5% and 25% APY rewards.
celsiusnetwork.app.link
($30 in free crypto for signing up using my link)
celsius.network
(here are the APY% rates for holding cryptos in celsius - I typically hold BTC, ETH, CEL, SNX, AAVE, USDC/USDT/DAI - I'm still trying to find a safer/better place to hold things like XLM, BAT, etc but currently still holding those in celsius too - remember these rates compound weekly, meaning you get rewards weekly and those rewards start earning APY% as well.... celsius can literally replace your bank!)
CEL Token Appears to Be In Upward Momentum ChannelOver the last 12 months, CEL has remained in a strong upward channel, although has fluctuated between strong upward trends and "breathers" (consolidations) where it eases off for a bit (indicated with a red background).
In my humble opinion, the main reason for this strong upward trend is the unique tokenomics of CEL, which include:
Celsius depositors buying CEL in order to gain access to higher interest rates
Celsius borrowers buying CEL in order to gain access to lower loan interest rates
Celsius buying US$1-2 million of CEL every single week on the open market in order to pay interest to users
Significant user growth
Consistent flow of new partnerships with crypto exchanges and other services
New features which will continue to attract new users
Assuming these continue, I believe the next 6 months will be positive for the CEL token, and if it remains in the upward channel, it has the potential to reach the targets indicated.
Celsius Network "2021 Entry Of Dreams"- Strong accumulation ZoneAs one door closed another one opens.... 2020 turned all of our lives upside down, mine was no exception being one of the most challenging years of my life.
Fortunes were lost and made simultaneously, it was the ultimate test on individual investment thesis's and a litmus test on personal and family life.
Were you in the right asset class or were you exposed?
So here we are in 2021, the crypto markets experienced the inevitable "cool off" after experiencing explosive growth from March 2020 onwards.
Some metrics to put those words into perspective :
BTC - 930%
ETH - 1100% Growth
CEL - 13,800% Growth
2021 is setting itself up for another explosive year which could potentially eclipse the previous 12 months, entry points will be few and far between, buying when the masses are fearful and your stomach is churning at the volatility will be the only chance to grab significant discounts on the spot price and manage entry risk accordingly.
And honestly.... i will be participating in little to no buy activity post Q1 2021.
Why might you ask....?
With the market in pure price discovery mode and upside impulse moves screaming away from all major moving averages, risk management will be next to impossible to justify. In the wild west of investments, risk management is often forgotten for the hope and dreams of catching the next speculative 10 x move.
So when a clear and evident Q1 power play present itself it peaks my interest significantly, these are few and far between due to the lack of fundamentals backing crypto projects in general.
CEL token is one of those plays, let's dive into some details as to why this one has caught my attention :
Pulling back 35% from its all time high,
Sitting on major support,
Strong confluence with technical indicators,
RSI reset,
Strong OTC buy activity (Myself Included)
Strong 2021 roadmap,
Imminent product releases,
Company Net deposit inflows at all time highs,
T1 exchange and increased liquidity assured for 2021,
Strong marketing push OUTSIDE of crypto to drive user growth,
Diminishing supply (Currently 5.8% remaining on the market)
So the opportunity is clear, a strong Risk Reward ratio for taking a Q1 entry at the $4.50 USD area for CEL token.
But honestly.... Anything under $5 USD is a steal for long term accumulation, remember you can earn 5% on CEL token in the Celsius Network App.
My personal targets for CEL end of 2021 are $50 price point per token, with the amount of assets under management, increased user base and exciting and new products soon to be released. I simply do not see a case where the CEL token does not appreciate.
So let's take an Uber conservative prediction, let's cut it in half and say $25 USD CEL token, this still represents a 5 x opportunity, are you willing to miss out on that?
I also need to take a moment to remind myself, my own targets were eclipsed last year, my start of year prediction of $1 CEL (Price was sub $0.10 at the time) was blown out of the water.
I revised this target to $3 USD in Q4 and this was again blown away as we almost touched $7 USD.
2021 is not about over trading, it is about doubling down on your thesis as to "Why you are here".
Constantly challenge your own "Story"
Focus on yield generating assets, look at the long term as THAT is where the fortunes and life changing gains are made.
Have a great 2021 everyone, please do not take the above as financial advise, do your own research and stay safe through these difficult times.
Kevin
Celsius Network GemOk i never talked about this coins but i hodl a bag from 1.2$.
So why i didn't talk about it before, just because i wanted to DYOR more and understand why this coin always goes up and get more confirmations.
What is Celsius ?
Celsius (CEL) is an all-in-one banking and financial services platform for cryptocurrency users.
Launched in June 2018, it offers rewards for depositing cryptocurrency, along with services such as loans and wallet-style payments.
Users of the platform receive regular payouts and interest on their holdings. Celsius’ native token, CEL, performs a variety of internal functions, including boosting user payouts if used as the payment currency.
So it's a wallet where you can borrow cryptos or deposit and stack cryptos without LOCKING TIME, for exemple it gives 20% APR on SNX or MATIC if you receive rewards in Celsius.
When u lock your coins they use it for Loaners, so peoples pay peoples without a need of Bank. Genius concept make a pure gem.
When you send coins from Celsius the fees are 0$, they will soon introduce a SWAP with 0 Fees and they just partnered with AMON ( for VISA i think ).
Celsius was created by alex mashinsky, you should check who he's this guy and DYOR to understand why i invested in this project.
So this is my second project i invested after Polkadot. i am not your financial advisor but i like to share and help peoples to get returns. my reward is just trying to make this world more equitable.
so for now if u want to trade it :
TP1 : 6.8$
TP2 : 8$
Happy Tr4Ding !
CELSIUS consolidation ModeCelsius is consolidating after its major Run up. I believe it will continue consolidation to at least $3.30 , depending on where the market is once it reaches this goal, is where Celsius may follow. It will at least return to 3.30 in my honest assumption Due to our Oscillator, trend line, and current consolidation. Thank you!
* ohhh btw when one or several of my ideas make you rich AF please feel free to inbox me for my btc wallet address to send a "pay it forward/gratefulness" tip. Positive VIBEZ! If you have a currency or stock you would like me to take a look at hit up my inbox! *