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Celer Network / TetherUS

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CELRUSDT trade ideas

🔥 CELR New All Time High Soon?CELR has been seeing an incredible run-up since last week's drump. In my previous CELR analysis, last week, I argued that $0.06 and $0.07 were the main targets. Both have been reached with great ease. For now, I'm expecting a new all time high in the coming days. Either we go down towards the 0.618 Fibonacci retracement, or we keep going and make a new ATH in the coming day or so. Main target is placed at the 1.272 Fibonacci extension, around the $0.125 area. Happy trading!
Long
by FieryTrading
14
$CELR- Layer 2 MojoSeems to be the season of Layer 2 project coins (except Matic slacking a little bit behind) well despite BTC hot mess! Avax, Near, Monnriver, FTM, Stake, Matic etc Celer Network don't want to be left behind either. For days, $Celr has kept working to get back above its ATH of 28th March 2021 and kill off the one zero for good. Be watching this one...I think it is going to be a wild card. I kinda noticed it is fond of deep correction but i think a short pullback is likely to happen from 0.077-0.75 before continuation .It still has some room left to go high. Volume has bee very impressive
by Syl-Crypt
12
CELRUSDT at a key level!Hey guys, As you asked about CELRUSDT, based on the chart, price reached a major resistance area an actually there is nothing to do right now because we have 2 different scenario at the moment: 1. rejection of price from this level (or even a false breakout): It may lead the price to drop on specified areas. (probably 0.043 ) 2. Breaking this area successfully: We would wait for the pull back and the next target would be 0.095 ----------------------------------------------------------------------------- But let's see what's happening on the chart right now: 1. An uptrend channel is broken to the upside ( Bullish ) 2. Price reached a major resistance area + 0.618 Fibonacci ( Bearish ) 3. We have a divergence on RSI(14) ( Bearish ) --------------------------------------------------------------------------- So comparing these 3 states, I have bearish bias, but still we need more proofs. It was my view about the market and I would be thankful if you share your idea about this post, Bullish or Bearish? and Why? Good Luck
by Brian_Philips
8