$CELR definitely got the best buying spot here, with this strong supporting trendline since the bottom. Even during a BTC crash in August 2021, it still able to trade above Tenkan-sen, it looks to break the previous resistance of 0.05191, which was the previous shadow of kijun-sen on a daily timeframe, although its been testing multiple time, it might break this $0.05191 level to meet $0.05882, which is like a 30% profit if rose up from the current price. A break above that would meet $0.06778, but the blue line seems to be a thick resistance due to its past S/R flipped.
Comment:
So, yesterday it tried to break, but fail and ended with a long wick, and since BTC's chart is currently trading below 200 EMA on a 1hr TF, a push above this Greenline of level 0.05191 is low. All Cryptos follow the BTC's trend. And im shorting btc tho...
Comment:
Pay attention to the price, since it currently is opening above the Tenkan and kijun for more than 12hours, if it close below these, price tends to magnet to the 200 EMA on a 4hr TF.
Comment:
Price has already attempted to close below the Tenkan, i expect a drop today where its near the 200 EMA on a 1hr TF.
Trade active
Trade active:
$CELR on Steroid.
Comment:
Touched the level 0.05882 :D
Trade closed: target reached:
Forgot to update, reached ma target