MyCryptoParadise_Nathan

CELR/USDT Need to Break to Confirmation Bullish Movement !!!

BINANCE:CELRUSDT   Celer Network / TetherUS
💎 CELR has undeniably piqued our interest, showcasing movement within a descending channel formation. Recently, CELR embarked on a notable upward journey after rebounding from a robust support zone.

💎 The chart reveals a promising bullish signal - the 'Three White Soldiers' pattern, characterized by three consecutive green candles. This formation typically serves as a reliable indicator of the Probability continued upward momentum. However, for CELR to fully embrace a bullish stance, it needs to accomplish one more critical task: breaking through the descending channel pattern. Probability Achieving this could pave the way for CELR to effortlessly ascend, targeting the resistance zone and possibly pushing beyond.

💎 Conversely, should CELR struggle to shatter the pattern or face rejection upon encountering the descending channel's resistance, it might retreat, seeking fresh momentum from nearby support or demand zones.

💎 The scenario grows grim if CELR, while retesting the support area, fails to muster enough strength to break through, and the support crumbles under selling pressure. Such a development could trigger a continued downward trajectory for CELR, compelling it to seek refuge at lower levels, potentially revisiting the formidable support zones or even the critical support threshold.
Trade attivo:
Bingo! #CELRis dancing to our tune, up 17.45% just like we predicted.


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