CELR BTC pair broke out falling wedge and with usdt pair broke out FALLING PENNANT
in historical TA every time break out downtrend resistance PUMPED SO HARD
SO I BOUGHT A HUGE BAG OF CELR FOR MIDTERM
Celer against the BTC pair looks great! We've had a breakout of the falling wedge after a deviation under the old ATH breakout from August 2021.
Once 180-185 is broken I expect a move to 250 before a retrace. We may retrace before punching through as 180-185 is fairly tough resistance being the POB and the Daily Supertrend.
Overall, looks great for move higher...
If Celer can reclaim the range and close a weekly candle above 159/168 then we should head back to the midrange at ~270. I'd expect a reaction there and a move to range high within a couple of months.
If the range high and ATH is broken the I expect a swift move to 1.618 at ~670.
Alternatively a rejection of this range would likely take us down to weekly support at 105.
Welcome to this quick CELR/BTC analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:- CELR/BTC is bullish
triangle pattern conform and retest and buy the dip and green zone
Entry:- CMP and buy the green zone
Traget:- 10% to 15%
Stoploss:- 0.00000147
Remember:-This is not a piece of financial advice. All investment...
CELRBTC is creating a descending channel on the weekly support. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow...
Since 2018 I follow CELR and ONE. They have great devs and their groups are well supported by Binance. I remember the javascript code introduced by CELR in 2018 for the first earn-to-play vision. Today CELR is positioning in the code for infrastructure for DeFi. They introduced cBridge to move assets between layers 1-2. CELR has partnership with NervOS(Sequoia...
Playing around with possible moonshot scenarios, I initially thought the cup walls and handle had formed earlier this Spring... but recent price action has me thinking that it's just getting started.
Input appreciated, new at this.
It looks to me like CELR is correcting. I suspect a re-test of either of the two support lines shown. Hopefully the second support will test and then bounce.
CELRBTC looks like it will correct imo.
The trendline resistance has been hit, as has a target on the fib retracement. And it looks like it has been rejected.
Some predictions on tradingview say the bullish rally will continue.
What are your thoughts?
This is my first published post. Any input is appreciated
we see a strong resistance here and market don't give a shit about what I think
2 scenario I'm considering, first we broke the resistance so we can see more gain on celr and can buy on pullback (but I have it from very deep so I just see in this scenario)
and second scenario is rejecting... in this case if BTC just be calm and nothing bad happens I'll add...
