Celer Network Full Chart Analysis

26 בספט׳ 2020

Celer Network (CELRBTC) started by conquering (moving and closing above) Ma200, the black line on the chart.

A strong bullish wave followed after this resistance was taken out... This level now turns support.

After CELRBTC peaked, it moved down to test MA200 as support, and this level holds.

A higher low is printed exactly at the 0.786 Fib. retracement.

We have 3 signals pointing to the 44-46 support range as being a strong one.

1) MA200
2) Trendline
3) 0.786 Fib.

There is more...

The MACD is showing hidden bullish divergence, which I explained in the ATOMBTC chart.

A young bullish crossover is also taking place on the same indicator; the MACD.

Prices can move up from here.

Another higher low... The altcoins continue to grow as predicted.

Thanks a lot for your support.

Namaste.

(Note: Check the related ideas below for previous charts on this pair)