On the above 2-day chart price action has corrected 70% since early June. A number of reasons now exist to be bullish, including:
1) The ‘incredible buy’ signal.
2) Price action breaks out of price action resistance (red line) and RSI resistance.
3) Now I’m aware Bittrex is not exactly a high volume exchange with the majority of the dollar volume over on FTX,...
I find this chart pretty interesting right now since CRO is overextended but looks like it is not stopping its run anytime soon and CEL is just under-performing the whole market all 2021 after its crazy run in 2020.
Celsius token is one of the coolest crypto tokens around at the moment.
Observing this decline we can see that knowledge and mainstream use of BTC is increasing causing this sharp decline as only the early adopters are aware of such a token like Celsius.
Celsius pays you weekly interest of around 7-20% of your HODL'd assets.
Not only do you earn weekly...
#CELBTC
#CEL broke down from long term ascending support line, and now price is above a support zone, RSI is going to reach over sold zone, so I think price fall more to touch the support zone then a pull back to resistance zone and broken support line to confirm it as resistance.
His increase against BTC has been awesome, is outperforming Bitcoin since the beginning at this moment is just preparing his next leg up up to 20.000 sats.
Please share your ideas.
Namaste.
Celsius looks ready to go back against BTC.
Stochastics are throwing an entry point, I would start getting really bullish on this coin if PA get rid of Golden zone or accumulate in it.
As a swing trader I will watch closely PA during EOW.
I will also watch closely pair against ETH.
Will doa follow up on this one.
Disclosure: I own CEL token myself.
One of the few coins that did not suffer at all the dump is Celsius, active in the sector of the so called Crypto banks which are performing very well too. They provide loans with 0 costs and provide interest for your idle assets. Also, they have nice welcome bonuses and cover all costs of crypto withdrawal (even ETH!). WIN WIN situation, considering that...
Celsius has been a favorite of mine since the ICO in 2018! A true champ that weathered the bear market and came out shining with a 5000+ % gain!!
Has this changed? Well as much as I hate to say it, like I've heard many times over the the years "get the f@ck out party's over"! Ok maybe not just yet but as my very first published idea I thought I would get crusty...
Price making short term compression
-Descending Wedge.
-Bull power.
-Correction is about to end.
-First target impulse in 21% of ROI (return of investment).
-Second target impulse in 54% of ROI (return of initial investment ).
We have a short term position here , and it's a high risk trade.
invalidation : Is the point where we stop looking for bulls and...
Weekly
Looking at our highest timeframe we can see CEL has not been involved in a bull market. Price action showing we are respecting our bullish channel, resistance at 2500 satoshis. Stochastic RSI showing momentum is in favor of the bulls however it does seem to be slowing down. Weekly support is shown at 2200 and 2000 satoshis. A rejection from 2500 and we...
As long as we stay out of the old range I will stay in $cel, If we break down will convert to BTC and wait to see if there is any buying action at the botton of the chanel.
