The next victim of recent Crypto's bear market revealed, the Celsius crypto firm plans to file the bankruptcy paperwork “imminently.” Rumors of Celsius’ insolvency began circulating last month after the crypto lender was forced to halt withdrawals due to “extreme market conditions” on June 13. that has been a while since the whispers of the bankruptcy of the...
- Okay if u followed the news about Celsius. They frozen people's wallets, swaps, to attempt to stabilize their liquidity and operations. - to explain the situation very basically : " Some Whales tried and still trying to short CEL to make it dies ". i will not explain the mechanic of this situation but you can easily Google it. - it's not a real different story...
Hello all. Despite the 100% crash in the price of the celsius network, it seems there is still hope for recovery. Here is what I think. Looking on the weekly timeframe we see a formation of descending channel and and the top of the channel sitting at $1.76. if we take a closer look on the candlestick formations, we had four consecutive bullish candles which...
circa 50% of the downfall and stops about equal highs are good for an entry 👍 CELPERP
Cel Token is reconsolidating for a possible re-launch of its PA to smash a new wave of shorts. Look for a potential climb to the 1.272% -- .618% Fibonacci kill zone (3).
We are currently getting Bullish signals on Celsius Network, CEL , but these past few weeks have us a little bit hesitant placing a trade with Celsius. This is the most important difference and benefit between the Algorithmic Engineer that we use and the other crypto bots, we can sometimes decide to hold off on a trade if we are NOT fundamentally ready. We have...
Celsius Token is getting an infusion. It seems the powers that be are smiling upon it and don't want it to die. It has come out of an Adam & Eve double-bottom reversal and has consolidated into a classic neckline retest after killing a battery of shorts poised to see it go belly up. If it marks up, we can expect a 90-100% (1.618-2 Fib) propulsion to bring the PA...
Celsius Network - A Liquidity Crisis: The CEL | Celsius token is affiliated with the lending platform Celsius Network. A liquidity crisis at cryptocurrency lending firm Celsius may cause a broader contagion that could bring down other major players in the market. Celsius Network halted withdrawals and transfers, amid an apparent liquidity crisis, as the price...
Expecting this token to crash. if I'm wrong about it, then oh well, someone survived losing their part of the $25Bn
CEL tumbled by over 82% over the past 24 hours, falling from the $0.500 top to the $0.090 low yesterday. The lending protocol crypto has now tapped its lowest point on record. The emerging developments triggered a market-wide liquidation, with the total crypto market valuation shedding over 12% in the last 24 hours. Notably, trading conditions are still not in...
On the above 10-day chart price action has appreciated 15000% in the last 22 months. Had thought there was more, however a significant break of market structure says otherwise, we can’t ignore that. Beyond the break of market structure the 21-week EMA (yellow line has just crossed down the 50-week EMA (blue line), this is extraordinarily bearish. The same was...
Well, here's the next crypto to collapse completely www.yahoo.com Down 60% in the past 24 hours, will be trading under a penny next week.
With all of the recent Celsius drama going on (their insolvency and halting withdrawals), I'm going to cover some TA that predicted this short and could've saved you some money. Looking at the 3D chart we can see a few things. First, I have the Whales buy-sell indicator and the VMC Cipher B. We can see CEL is clearly in a downtrend by the teal line I drew that's...
WAS CELSIUS overleveraged ? Why stETH and ETH "peg" breaking should cause you to worry. 2/x - stETH is a form of Lido Staked ETH. Upon the merge happening, if nothing goes wrong - it should be redeemable for ETH with some amount of staking yield included. 3/x Hence, stETH in a post merge era can be priced like a short dated forward. However, prior to the merge,...
Some are desperately trying to defend the USD 2 support. Despite the weekly burn of tokens, the price vs USD continues to decline. The amount of outstanding tokens simply is way too large vs the amount of tokens burnt even if the company would grow tenfold. The 6 amigos elected by the company have yet to make an impact - come up with a new service benefiting the...
CEL token is currently hitting up against resistance.
now that Cel is back Down from the clouds with the rest of mortal she is looking tempting. lets see how this week n weekend shake out. Buy ops in bound AAVE SOL MATIC DOT ALGO ADA ALGO YFI yearnprojects from pickle to fantom CRV MKR COSMOS ETH ETH ETH BTC BTC SUSHI UNISWAP ZKS 1INCH SAND ENJ MANA n more