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Celr

🔥 CELR Horizontal Channel: Potential Break OutCELR has been trading inside a horizontal channel for several weeks now. It appears that big investors are either distributing their tokens or accumulating them for the next move. Looking at the state of the market, I'd wager that the current bullish push from CELR will take this token outside of the horizontal channel. In this bullish scenario, $0.06 is my first target. On the other hand, it could also happen that CELR will bounce off the resistance and fall back to the support area. Happy trading!
by FieryTrading
13
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.
Long
by In-crypto-we-trust
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.
Long
by theulloo
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.
Long
by moon333
This Is Why The Celer Network (CELR) Can Be The Biggest GainerFalling wedge: Since March 2021, on the daily time frame chart, the price action of the Celer network is floating in the falling wedge pattern. It was moving between the resistance and support of this pattern very well but after testing the support on 22nd June, the price action of CELR is moving directionless without hitting the support or resistance of this wedge pattern. Big BAT: If we take a look at the weekly time frame chart, then it gives us the clue that the priceline of BTC this time will not reach the support. Because in the long-term it has formed a very big bullish harmonic BAT pattern. There is 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 was moved above the buying zone, but this time it has again entered the potential reversal zone. As per the Fibonacci sequence the buy and sell targets of this BAT pattern can be: Buy between: $0.0248 to $0.0148 Sell between: $0.0488 to $0.0848 The buying zone is 40% wide therefore, we can use 50 SMA as stop loss. Breaking down this SMA will be difficult for the priceline. Conclusion: Even though the price action is moving directionless for the past several days in the falling wedge pattern. However, the falling wedge is considered as a bullish reversal pattern among the trader's community. At the same time, the bullish harmonic BAT formation is giving us another confirmation, that the price action will break out the resistance of the falling wedge and it can lead to a big rally soon.
Long
by moon333
Celer Bottomed- i will try to explain why Celer Network is currently near his bottom area. - More we go far in the Time more the probality to go lower price increase, Prices have to follow the long term trend. - So Celer ATH was 0.1$ and right now his price is 0.025$, if TheKing make another, Dip it would mean for Celer to go 0.002$. - Everything can happen in Cryptos and those projects are still very youngs, that said, No Risks No Life, that's why you are parts of this game. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- i will give u my strategy for Celer Network : - Demand Zone is 0.2$ as Celer bounced 2 times in the past and made like 1 month accumulation range in that price area before the first run. - Buy 25% of what you want to invest around 0.02$ ish - if Celer Break Down again don't touch it unless it reach 0.002$ ish, then invest your remaining 75% - TP should be before 0.04$ for security and wait to see if Celer breaks the Downtrend. -if your strategy is good, you don't even need to set a SL. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Happy Tr4Ding!
Long
by thecryer
2