tradinggrey

CELUSD Analysis June 21, 2022

FTX:CELUSD   Celsius Token / USD
We are currently getting Bullish signals on Celsius Network, CEL , but these past few weeks have us a little bit hesitant placing a trade with Celsius. This is the most important difference and benefit between the Algorithmic Engineer that we use and the other crypto bots, we can sometimes decide to hold off on a trade if we are NOT fundamentally ready. We have the Buy indicators from the Engineer but are below the Daily and Weekly Downtrend Lines, we remain fundamentally and psychologically Bearish on CEL for the time being. The value was down over 90% since the Sell signals in April and over 95% since the All Time High. Even with the current turbulence at Celsius, those price levels were gobbled up!

We continue to keep a close eye on Celsius and hope that they #unbank themselves sooner than later. Not Financial Advice...Trade with Confidence and Control.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.