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Celer Network / TetherUS

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Celer Network (CELR/USDT) Analysis 📈📉Hello Crypto community Welcome to this introduction for another high potential crypto project.🚀💰 🔹Rank # 169,/ kind : ETH TOKEN / Market Cap:$266,699,412===> SO SO ✅ Total Supply: 10B CLER /// Circulating Supply: 6.52B CELR (~ 65 %) ====> great ✅ Holders Statistics: Top 10 Holders==> 83.44% % //Top 20 Holders 91.06% ===> risky ❌📛 🔰What Is Celer(CELR)? Celer Network is a layer-2 scaling platform that brings fast, secure and low-cost blockchain applications on Ethereum, Polkadot and other blockchains to mass adoption. Celer launched the world’s first Generalized State Channel Network and continues to push the frontier of layer2 scaling with advanced Rollup technology. Core applications and middlewares like cBridge, layer2.finance and more ecosystem applications built on Celer have attracted more large audiences in DeFi, blockchain interoperability and gaming space. coinmarketcap-www.celer.network ------------------------------------------------------------------------ 📈📉 TECHNICAL As you can see on the WEEKLY timeframe for CLER/USDT , It is trading about $0.04 right now. Since 20 SEP 2021 ,after recording a new ATH (0.198 $) , it has been declining and had deeper retracement by crossing under of 14EMA with 20EMA and 50EMA . and recently it went down the pivot zone and has attempted to breakout lower uptrend line and now it is struggling with it, so now it can easily touch the support zone if breakout the trend line , but in the short time it can retest and have a pullback under pivot zone before further fall although if it go above the resistance zone it can start a rally ,but take it in mind, if it lose this green support area , in this case it can have further fall again even to lower Fibonacci support levels. 🛑resistance level: $0.105-$0.126 🆚pivot zone: $0.05-0.06$ ❇️support levels: $0.02-$0.0288/ $0.01396 /$.0076/$ 0.0033 -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
by PRO_SMART_Trader
CELRUSDT is creating a falling wedgeThe price is creating a falling wedge on the daily timeframe. After an amazing bull run, the price is going to retest the start point around 0.041$ On 4h Timeframe, the price is testing the support around 0.47$. How to approach? We are monitoring the price, we could see a retest around 0.042-41$ on the previous daily support. If the price will get liquidity and will have the breakout from the dynamic daily resistance and 4h resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
10
CELRUSDT: What should we do now?As you can see, my idea was correct and we had a significant reduction. What should we do now? We have to wait until the price reaches the specified zone, is $ 0.032 or exit the channel. DISCLAIMER: This is not financial advice! This is an opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. everyone should buy and sell according to their own strategy. Everything you need to know is outlined in the chart and keep in mind that we are moving forward with probabilities and the analysis may be wrong so take capital management seriously.
by Bibres2003
1
CELR/USDT second timeHello dear friends; We see the CELR / USDT chart to confirm the previous analysis. In the last two or three weeks, the price of this currency code has tried 6 times to conquer the price of 0.065, broke the big triangle pattern, even reached 0.061 and 0.062 three or four times, but could not stabilize it. And the reason for that was the price movement of Bitcoin during this period. These ciphers have shown that they have a good and credible ability to invest. Today, February 11, is ready to move again. But there are two problems. First; That is, the Altcoins' "dominance chart" is not strong enough at the time of writing. Second ; That when bitcoin modifies, people sell their altcoins quickly at every time frame. Or activate the sales option. I hope that this time all the set goals will be achieved. Be profitable and do not forget risk management and step-by-step purchasing and capital management. Also, if the price goes below 0.054, it is possible to go down to lower prices.#Macroeconomics
Long
by king_1970