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BuySellMarketMaker
Sep 5, 2022 11:22 PM

Celsius CEL Bearish Sentiment Short

Celsius Network/TetherOKX

Description

September has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Celsius CEL has a negative overall sentiment recently.
I have the following price targets:

CEL/USDT short
Entry Range: $1.40 - 1.55
Price Target 1: $1.28
Price Target 2: $1.09
Price Target 3: $0.83
Stop Loss: $1.75
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