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duffff
Jun 19, 2020 3:50 PM

Celsius Network Long

Celsius / US DollarHITBTC

Description

Not going to go on about the massive rise in Defi and interest income providers. Celsius, although not technically defi I believe is set to benefit from the growth of this market.

In terms of the chart.

  • Hidden Bullish divergence on MACD (class A), and Class C on the RSI
  • Price has respected the log scale wedge, and a 1:1 move would put this up to around $0.4
  • Price breaking above the centre-line of the wedge is Bullish, conversely, Bearish if it fails here, and may indicate a potential break-down of the wedge.


Not financial advice in any way. DYOR
Comments
OldTexasRed
looks like we're about to test the top of your triangle
duffff
@OldTexasRed, I'm watching BTC as a guide
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