Everyone holding the CEL token may feel slightly frustrated at the moment. The market is moving up but Celsius is doing a whole lot of nothing.
Some things to keep in mind:
- The CEL token is a lot closer to its ATH than many other coins.
- The CEL token price almost ignored the May dip.
- The CEL token has been known to consolidate in a narrow range before...
The #CEL $CEL token has broken its downward trend. There is some psychological resistance above at $7 and $8 but with all the news of how well they maneuvered the Prime Trust and UK FUD, they will return, and return stronger than before.
Weak hands (including some whales) have been shaken out on the way down. CEL is one of the strongest communities. You'll be...
Broke long term resistance. Worst case scenario we break South to the bottom of the pennant in the $5 range but with big news coming I think we have strong support above resistance thiss time. I expect short term pump with retest of current levels.
Use my referall to sign up for Celsius network HODL or Buy High Sell Low‼️ #notfinancialadvice
While the storm is behind us for now, i will take a bit time to make some education about "trends" behaviours.
So look at at Celsius Project :
- You can notice in the trend the regularity of Higher High and Lower Low... very harmonious and never too twitchy.
- Always bouncing on his support trend
- When you see a Trend acting like that, you can be sure that...
CEL token in the new triangle will break out to $11 range soon
As you can see the #CEL token usually goes through a consolidation triangle, before breaking out to a new triangle on the upside in a quick span, before consolidating again.
-Growing Assets Under Management, Users this pushes up the CEL token price due to the flywheel...
Celsius Token at good support level- to break out test ATH soon - Then to go into price discovery
Wallets, AUM are climbing very fast, and as price of underlying assets (BTC and altcoins move up) it will push up the CEL Price
Should be an exciting few months.
Celsius stayed strong in this Dip, slow dipping is often followed by Hard Pumping, it's just a matter of time to make a good come back.
As Always follow the King moves as first influencer.
What Is Celsius (CEL)?
Celsius (CEL) is an all-in-one banking and financial services platform for cryptocurrency users.
Launched in June 2018, it offers rewards for...
Disclaimer: I hold about 1/3 of my crypto assets in celsius.network for long term staking APY%, so I am a holder of CEL in rewards...
I do not trade CEL, but I do HODL from weekly rewards. However I have been curious a long time about trying to trade CEL because of its high DAILY volatility which is actually quite predictable.
As you can see on the chart, the...
Over the last 12 months, CEL has remained in a strong upward channel, although has fluctuated between strong upward trends and "breathers" (consolidations) where it eases off for a bit (indicated with a red background).
In my humble opinion, the main reason for this strong upward trend is the unique tokenomics of CEL, which include: