CELRUSDT trade ideas
💏 CELR at 0.5FIB/100EMA/ATH from MarchOn 26th of September the price formed new all time high (0.19870). There was not enough buying pressure to hold 0.12709 level (previous ath) and so the price went lower and is now testing the level of highs from March 2021 as support. If this time buyers manage to push the price above the local dynamic resistance, we can expect more pressure to the upside, potentially to new all time highs. There's a strong confluence that indicates that the local bottom was reached:
- 0.10397 level (high from 03/21)
- dynamic support (green)
- 100EMA
- 0.5 FIB retracement
Please remember, that if BTC is going to resume its run (and it looks like it is) most altcoins will either dump or go into standby mode.
Entry: buy now (current price) -- or buy at key level -- or buy once the local dynamic resistance is broken and 0.12709 claimed on a first given pullback (if given)
Targets (will be adjusted later):
0.127
0.161
0.198
0.218
0.248
0.258
0.287(~170%)
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About CELR:
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.
Source: coinmarketcap
#CELRUSDT Risky (Mid Term) 8/21 #CELRUSDT Risky (Mid Term)
Buy : 0.03210000 - 0.02897025
Target 1: 0.03334700
Target 2: 0.03691500
Target 3: 0.04333500
Target 4: 0.05457000
Stoploss: 0.02838523
Signal R/R: 7% / 70%
Net ROI : 30.5%
Invest / Position Size : 3%
Exchange : Binance , Bittrex, KuCoin,
Duration: 7-45 days
Confidence in Trade : low
Analysis :
we ask Allah reconcile and repay.
CELRUSDT , Hurry Up Its time to buyHello everybody
Maybe when i want to publish this analysis the market rise more than of our buy zone but you can buy it
Accroding to last rally we have , in daily time frame we were in pullback wave that take long time until the sign of the go up the price was shown on chart in 0.786 fib support
And now we should have some celr in our portfolio and in these days celr have good news that can pump it
Celr is one of the most powerful project in layer 2
Previous analysis :
Dont forget use stop loss and attention to money management
Good Luck
Abtin