Celer Network (CELR) Trading Range, Next Move Explained

28 ביוני 2020

We have Celer Network (CELRBTC) trading within MA200 (black line) and EMA200 (brown line)... How will the next move go?

On this chart we can notice strong bullish/green volume and also a recent break of EMA10, EMA50, EMA100, and MA200, all these levels have been conquered and now work as support if prices drop.

As a resistance, we are looking at the brown line/EMA300... This is the level to break for CELRBTC to move higher.

As written on the chart, we go bullish above resistance (impulse growth possible) while we go bearish below support.

Right now this can be a neutral setup, prices can consolidate further before the next move takes form.

Namaste.