CELRUSDT trade ideas
CELR/USDT pair look bullish?If it can break the Fib 0.18,
It may create new ATH?
Look for two times correction.
Last time drpped around 80%. This time dropped around 70%.
I think the correction is completed and moon soon.
If look for the daily chart,
W chart pattren created and Fib 0.786 is strong support.
This is not financial advice. Just my point of view.
You're welcome to leave your comment if you want further discussion.
CELRUSD - Double Bottom Possible??Celer Network is setting up fora perfect double bottom that could work very nicely in confluence with a flip of the SuperTrend. If Celr can flip the resistance on top of this double bottom pattern then we will see uptrend started with 0.1 being a nice first target.
I have covered the BTC pair before but that is looking really nice right now. Target initially is the midrange at ~300 sats.
The narrative isn't quite there yet but Layer 2/Bridges are starting to be talked about due to Eth being unusable.
UPDATE: CELR UP 32% after 4h bull signal - Scalper AnalysisPlease Like or Follow if you enjoyed this content.
UPDATE: The price jumped 32% after bull signal. CELR broke resistance at 0.075. Now moving slowly to 0.09 USDT. RSI is above 70. Price is above Ichimoku cloud. Which are all bullish signals.
This analysis is made with my "Supertrend Ninja - Clean". It displays only the last few signals. Which gives it a clean look. Currently CELR is in an uptrend. Remember you don't need to buy the bottom. You just need to ride a big part of the uptrend.
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using my indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja - indicator", which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "HA Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
Celer Network Analysis 04/03/2021as we can see the price has already done its accumulation and established its initial journey,
we can target the parallels legs of Fibonacci projection and if on the same impulsive wave we triggered the extension zone of 161.8% which is our 2 TP then we can be more confirm about the 3TP which is the 261.8% of the same Fibonacci projection.
there are total of 1 TPs and 1 Ultimate Target we have specified here where as the 1 TP is very close to achieve and rest may take some time but alternatively all will be triggered