Bradleyrb

Celer Network / Bitcoin CELR/BTC (36% PROFIT POTENTIAL)

Long
BINANCE:CELRBTC   Celer Network / Bitcoin
Please note that this is a high-risk trade. More so than usual, as this is a relatively new token to trade and therefore, there is not much historical data to go by. Currently CELR/BTC is trading at 209SATS. When the coin was launched on Binance, it opened at 563SATS, which is more than 100% of its current value.
With the data that is available, CELR/BTC was consolidating at around 327, until the BTC drop, which obviously pushed the price down. Then with the sudden rise, again a drop...you get the picture.
So with the "comedy of errors", i believe that CELR/BTC will want to return to its consolidation price as previously mentioned. STOCHASTICS has almost completely bottomed out at 2.14 and i can see a push up to the 55 EMA very likely from here.

BUY: 210
SELL:
T1 100% - 286 (36.19% TP)
SL: 180

This is not trading, nor financial advice. Posted trades are based on my own TA, void of my opinion and only on how i read the chart and indicators. Always do your own technical analysis before attempting to trade anything. Trading carries a high degree of risk and may result in financial loss.
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Happy Trading!
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