marcusdw1

CEL Symmetrical Triangle - God Level Price Prediction

Long
HITBTC:CELUSD   Celsius / US Dollar (calculated by TradingView)
While the rest of the market has been a mixture of crazy pumps and heartbreaking corrections, CEL has been consolidating in a massive symmetrical triangle. Price action has been obeying the Fib levels very neatly and so I thought it would be fun to shoot for a god like price prediction. Based on Fib time and price levels I'm promising with 110% accuracy that CEL's price will hit $10.75 on 4th June 2021 :)

Comments

Almost about to break out of the flag! Will be watching it closely.
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Great chart and analysis. I tend to agree.
Not sure if we will pump that hard in the next leg, but no arguing that is where we are headed longer term.
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I wouldn't be at all surprised if we see more. Every other period of consolidation has led into ~200% gains and this period of consolidation has been the longest yet.

With 13$ Billion in AUM now, the amount of CEL token the platform is purchasing for weekly interest payments in hitting new highs all the time. Let the flywheel fly.
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marcusdw1 jgeller
@jgeller, good points. It's funny in crypto we often forget to look at the fundaments that are driving price. I agree with you though, upside likely to continue way beyond this trade target.
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@jgeller, Agree and, in other words, I would see the consolidation started in jan. 2021 like the one started in jul. 2020. Few months of peace before a big rally.
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