bjames123

CELR/USDT 2022 March Madness?

Long
bjames123 Updated   
BINANCE:CELRUSDT   Celer Network / TetherUS
Overall, CELR has demonstrated higher highs, higher lows since Mar 2020.

Following a new low, once RSI pops up above 41, this has been an indication of a bullish trend.

CELR may climb up and sprawl in ranges indicated by two green boxes, before popping up to test ATH. Based on fib retracement, CELR could strike a new ATH upwards of $0.30. Perhaps this occurs in or around Mar 2022.

However, all must hail BTC.

Comment:
The 4 Dec 2021 low is no longer valid, as of today.

CELR must maintain a value higher than that of 20 July 2021* for the 'higher highs, higher lows' trend to stay valid.

*30 July in the chart is a typo.
Comment:
March Madness is a bit late, but the run-up looks to be in motion.

Note areas circled in blue on MACD and red dashed lines on VIXFIX.

Things will be clearer when CELR flips green on 100 EMA and breaks out of final downtrend.

Comment:
The weekly chart providing another perspective:

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