Hi Guys! In this TA I want to talk about CELR. CELR is a new coin with huge potential. The coin is just 3 months on the market and the mainnet will launch within a couple of weeks. Normally I don't talk about announcements but it seems like the chart looks very bullish in the coming days before and maybe after the mainnet launch.
Bullish
- We can see the higher lows in the last weeks so the support is for now very strong.
- The daily stochastic RSI looks bullish.
- If we look at the rising channel I think it will continue to the 0.025 level and if it breaks out it will go higher to 0.03.
Bearish
But there is also a bearish scenario...
- If CELR can't get above 0.025 level and drop below the support level, then there will be a potential sell-off.
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