BTC $63,411.00 ▲ 0.69% ETH $1,874.09 ▲ 0.43% USDT $0.9992 ▲ 0.01% BNB $579.36 ▼ 1.68% XRP $1.07 ▲ 0.77% SOL $73.19 ▲ 0.27% DOGE $0.0701 ▲ 0.01% SHIB $0.00000495 ▲ 0.86% PEPE $0.00000287 ▲ 2.94% BTC $63,411.00 ▲ 0.69% ETH $1,874.09 ▲ 0.43% USDT $0.9992 ▲ 0.01% BNB $579.36 ▼ 1.68% XRP $1.07 ▲ 0.77% SOL $73.19 ▲ 0.27% DOGE $0.0701 ▲ 0.01% SHIB $0.00000495 ▲ 0.86% PEPE $0.00000287 ▲ 2.94%
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Bitcoin Borsalar Piyasa

UPDATE: CELR downtrend breakout

UPDATE: CELR downtrend breakout

Celer Network / TetherUS BINANCE:CELRUSDT

CELR successfully tested and bounced from the broken trend line back towards the monthly support level with strong volume.

Depending on BTC's behaviour we can either see a retest of the bottom range (if BTC moves toward the 61.8K support) or a continuation higher (if BTC moves to challenge the 65K resistance).

Over the weekend there were attempts at price suppression on Binance Futures pair, precisely a sell wall at 0.001598, but it got eaten on the early hours of Sunday demonstrating strong conviction.

The previous assessment for the asset remains. A great entry for long term holders and a great potential swing trade.

High probability target: 0.00240-250
Mid probability target: 0.00310-320
Low probability target: 0.00420

Please crosscheck and reference this and the previously published analysis before making any decisions. Feel free to comment any additional observations

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