If the price holds 0.14 till Monday there is a probability it might cross 0.21 and might go farther to 0.24
CELRUSDT chart is showing another mirror reflection but this time leading to short. Probable supports are 0.0805 and if fails 0.075 and down to 0.057 Resistances for might be 0.104; 0.1101
BTC currently trading at USDT 40,500. If we look at one day candle chart it is perfectly posed to Head and Shoulder downwards trend. Be careful as Short is not out of charts yet. This short might continue up to or beyond USDT 19,000 level.
BTC will follow the short during next few days and might close the week at 42000
Post with a downward flag might lead the BTC price to short trending within next few hours
From historic data it is evident that if the trend keep following the mirror reflection then DENT is all set to moon to 0.02 level.
It seems a complete mirror reflection of 19-27 May this year.
From past history 0.02787 to 0.03043 the market goes indecisive and this indecisiveness may lead in either direction mostly influenced by BTC movement. Currently BTC falls from anything near $39,000 and bounces back from anything near $34,000 therefore the trendline for CELR will remain somewhat in-between 0.02787 to 0.03043 limits
BTC Bulls are making a huge effort at this point but it seems false break and BTC after remaining Bullish for last 10 days is destined to have bearish rush during next week.
If you can't see a pattern here then this is not my fault ! The trend line is following the mirror reflection from the past trend since long just look into the chart carefully and you will find what is happening.
mirror reflection is in forming. It might copy the already etched curves during past days.
In one hour chart CELR reached a position which is signaling short condition. If the price is able to break the resistance (which is highly unlikely keeping the conditions normal) CELR might move to next resistance level. After last week's long conditions CELR is fallen to a mirror image of Short condition.
At 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...
BTC bullish is over and now bears will rule.
This happens frequently in trading world that a trend copies its own mirror reflection. Look at the chart and you will know the magical correlation.