Celer Network (CELR) / USD - Hidden Bullish DivergenceFollowing a near 70% correction since mid-August and oversold condition (orange column), the above 2-day chart is now indicating a reversal in price action is very probable.
On the same chart above there is Hidden bullish divergence between price action and the oscillators that follows a regular bullish divergence. In addition volume is seen to be increasing alongside the divergence.
Looking left on the on the 4-day chart below previous price action resistance is broken as the above hidden bullish divergence forms - very bullish.
1st target 16 cents / 200%
CELRUSDT trade ideas
$CELR- Ready Or Not?Celr has been in this elongated corrective journey after hitting a new ATH on the 26th of Sept.
And i think it is ready to begin another trip up.
Still at a good rebuy zone for a swing trade
Currently break out from a bullish DB pattern formed on the LTFs and i am expecting this to touch like 0.158-0.160 before support retest and then continuation up.
Not a good time to arriveIf we look at the daily timeframe, we find that the five Elliott ascending waves are over and now we have to enter the ABC correction phase, or the zigzag pattern.
I consider an important line of support and resistance for this currency, which determines its trend. If the rectangle is broken, the downtrend and confirmation is DOUBLE - TOP and the drop to MA 200 daily is in the range of 0.06. If 0.2 is broken, confirm the new uptrend with new targets, which must have strong market conditions and news to be broken.
In terms of Ichimoku, the Chico Span line (green line) has entered the chart, which shows the trend in place, and the future cloud has thickened. The negative crossings of Tennenson and Kijonsen also confirm the downward trend of this currency. I think we should wait and not enter now.
CELR/USDT 1HOUR UPDATE Welcome to this quick celr/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- celr/usdt analysis is Breakout and after retest 50 moving average and buy
green zone
Entry:- CMP (buy green zone)
Target:- 10% to15%
Stoploss:- $0.12775
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my english it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Long celr (see the discription for proper tp's and stop loss)CELR UPDATE :: If we see the graph we can see there was a symmetrical triangle forming in the past where we see a break out till 0.19 and now is the same scenario again forming a symmetrical triangle ready for the breakout now you can take the entry again around 0.134-0.136 with stop loss of 0.124 it should not go below then 0.1325 but it can make one wig till 0.124-0.128 and again up so for the safest side you can move you stop loss till 0.124 - 0.128 TP'S are marked in the chart 0.144 - 0.15 - 0.157 - 0.165 - 0.174, if you trade safely it can give you good gains in the upcoming week inshallah.
BUY range :: 0.134-0.136
TP1 :: 0.144
TP2 :: 0.15
TP3 :: 0.157
TP4 :: 0.165
TP5 :: 0.174
SL :: 0.124
After short correction , it can be expected to go up !!!According to the Eliot wave analysis and weekly trend line and also existing divergence between chart and RSI , it can be expected that price after short correction will go up.
Please be aware that my analysis may be wrong , so make decision based on your analysis .
CELR Breakout! 🔥💥⚡It's time to buy Celer again. $CELR has broken a downtrend and is ready to move towards his higher goals. The 20 cents target is suitable for the short term. The loss limit is not at 13.4.
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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