alanmasters

Celer Network Full Chart Analysis

BINANCE:CELRBTC   Celer Network / Bitcoin
Celer Network ( CELRBTC ) started by conquering (moving and closing above) Ma200, the black line on the chart.

A strong bullish wave followed after this resistance was taken out... This level now turns support.

After CELRBTC peaked, it moved down to test MA200 as support, and this level holds.

A higher low is printed exactly at the 0.786 Fib. retracement.

We have 3 signals pointing to the 44-46 support range as being a strong one.

1) MA200
2) Trendline
3) 0.786 Fib.

There is more...

The MACD is showing hidden bullish divergence , which I explained in the ATOMBTC chart.

A young bullish crossover is also taking place on the same indicator; the MACD .

Prices can move up from here.

Another higher low... The altcoins continue to grow as predicted.

Thanks a lot for your support.

Namaste.

(Note: Check the related ideas below for previous charts on this pair)
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Comments

Thakns Alan, finally it seems we retested the trend line. How do you see now?
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an update would be a dream ;D
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thanks alot for this great analysis Alan, I am also very bullish on this Token - I expect it can reach at least 120 sat in the next few months
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great setup, thank you for sharing.
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Tempted to enter a position on this... do you think it is a good bet, even with BTC imminent fall? Thanks for sharing again
Reply
Splendid . Thank you for sharing, as always. Thoughts on Doge/btc? I know it's not popular right now, but curious your analysis. Namaste.
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alanmasters ninjacookies
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