Recently, several people on TV have posted price targets calling for $1.00 CELR at the next peak. These analyses have used the log scale. This is an extension of those analyses.
The last three run-ups from low to high have seen growth ranging from 942% to 3250% ( M = 1925%) over 68 to 154 days ( M = 124 days). Using these minimum, maximum, and mean values,...
This is the typical setup for breakouts across the alt - space right now.
looks very good.
we are also entering an alt-season, because of all of the alts breaking out of their bear market ranges.
CELR definitely prime suspect for a breakout in the near future.
Interoperability projects typically hold lots of promise!
My idea is that CELR/USD starts to ramp up into wave 3 as indicated in the chart above. Wave 3 is generally the biggest wave in a 5 wave pattern, and although this pair is showing weakness currently, I thought it would be a good idea to put a buy order in... Now we wait.
Celer Network were in downtrend since birth. However, it seems a Head and Shoulder pattern is formed and due to the crypto market upward movements, CELR too can start an upward impulse wave. There are two possible targets; the horizontal area and the ascending blue line. Let's see what happens.
CELR/USDT- Doing incredible and playing out "Exactly as predicted" lol. IO think this has so much room left to grow as a long term project. Its a no brainer for the defi space.
The highlighted region above in the chart has price squeezing tighter and tighter, its time for CELR to make a decision to break up or down. The recent trend has been positive over the last week, and I believe we will see continuation.
Good Luck everyone!
IMO if CELR can break back into the channel (dark blue lines on the chart) we can continue the uptrend.
If it fails below the 1st level of support (green lines in the chart), I would then expect it to go further down to the second level of support on the chart and my theory would be invalidated.
As far as fundamentals go.. Celer is a great product that is needed...
Price need HUGE upside breakout.
Then we could see price of 0,10 usd again.
EMA 20 pass EMA 50 at daily and it could be a very good sign...
In general, CELR could be in positive mode...
Look at me, I am flower...
If we talk about short term period, then I see pattern "rising wedge" what suggest to us FALL of price on 4H.
It means we could buy more and more cheaper.
Long term - at least to september we will see very good UP price.
