Celer Network Full Chart Analysis
Celer Network / BitcoinBinance
Description
⋅ 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)