CELRUSDT.P trade ideas
LONG CELR/USDTCELR has formed a Cup & Handle pattern. Broke out and done with the retest.
I am placing my long orders now.
Entry: $0.04885 to $0.05022
Stop Loss: $0.04298
Targets:
$0.05329
$0.05656
$0.06077
Accumulate the dip and book profits in the targets given above.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.
Be patient to buy CELRUSDT in deep correctionCELR is comleting its 3rd Eiot waves and we wait to hunt it in the begining of tha last Elion stage!
CELRUSDTFrom 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
CELRUSDT Pattern (Mirror Reflection)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.
CELRUSDT Shortmirror reflection is in forming. It might copy the already etched curves during past days.
When to buy Celer Network ?Currently trading near the 200 EMA, a stoploss below that would be a great risk, with the reward when it broke out this resistance trend line.
CELRUSDT 1D TF : Just Long Investing ;)As we can see, after breaking its downward trend, the price is gathering strength to start a strong climb.
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
(DYOR)
#Celer midterm Celer can grow in this way on a daily basis, then it can be modifie
enter price 1 : 0.04088
enter price 2 : 0.03488
Multiple supports at one point Best entry positionIn the 4-hour time frame, Kendall collided with an important PRZ spell and did not have enough strength to fail. I think it is a good opportunity to enter. In this support, we see the collision of several important supports of the midline of the bullish channel and the Kijonsen line, the smooth and the resistance of 2.618 Fibonacci
CELRUSDT - Long - Potential 58.64%CELRUSDT - Long - Potential 58.64%
Exchanges: Binance
Signal Type: Regular (Long)
Entry Zone:
0.04570 - 0.05102
Take-Profit Targets:
1) 0.05527
2) 0.06153
3) 0.08102
Stop Targets:
1) 0.04036
Entry Triggers- cBridge release / active breakout
Intraday Trade - CELRUSDT - LONG POSITIONFUNDAMENTALS!!!
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.
TECHNICALS!!!
a. Price is above moving averages especially 55sma.
b. Price is above ichimoku cloud.
c. RSI is above 50 and in bullish region.
d. MACD - giving bullish signal with momentum rising.
ENTRY AND EXIT POINTS ON THE CHART!!!!
LETS KEEP OUR FOCUS ON LEARNING INSTEAD OF JUST GETTING THE SIGNALS.
CELRUSDT Short conditionIn 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.
10xEverything is clear ...
The upward market trend + correction and you are ready to go to the moon 😜
NFA
CELR TO 0.1 USDT Celer Network is a layer-2 scaling platform that brings fast, secure and low-cost blockchain applications on Ethereum, Polkadot and other blockchains to mass adoption. Celer launched the world’s first Generalized State Channel Network and continues to push the frontier of layer2 scaling with advanced Rollup technology. Applications and middlewares like CelerX, cBridge, layer2.finance and more built on Celer have attracted more than one million users in the gaming, DeFi and blockchain interoperability space.
CELRUSDT Might ExplodeAt 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 way, the usual pattern is is MACD is downwards market explodes upwards and voice versa.
This is only an analysis and not a financial advice.
CELR has broken out the wedgeBroke out the wedge:
Since March 2021 the price action of CELR was moving in a falling wedge pattern. Recently after getting bounced on 20th of July it has broken out the resistance of this falling wedge. Now the priceline is moving down to re-test the previous resistance as support. Once it will confirm this break out then the next move can be up to the tail of this wedge pattern which is approximately at $0.09.
Different support and resistance levels:
In the month of March 2021, when the price action started moving down then it broke down several support levels. Now all these support levels are working as resistance levels for the price action of Celr. Recently the priceline has bounced from $0.02 support level and broke out the next assistance of 3 cents. Now it is retesting the previous resistance and in case of a successful re-test it can move up to break out the next resistance levels. We have the next resistance levels $0.04, $0.05, $0.06, $0.07, $0.08 and $0.095 respectively.
Big harmonic move:
On the weekly time frame chart, the price action has formed the final leg of the bullish Gartley pattern. There are also 50 simple moving average support in the buying zone and 100 SMA below this level. After completion of the final leg the price action is moved above the buying zone.
Conclusion:
Even though there are so many resistance levels above the price action, however, after the break out from the wedge pattern if the priceline will move to hit the target of this wedge which is in fact the tail of the wedge then it can easily break out all the resistance level and reach the final resistance at $0.095.
CELRUSDTPerPetual - Binance (Magical corelation)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.
