Coinathlon

Celer continuing?

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BINANCE:CELRUSDT   Celer Network / TetherUS
Celr has made a nice move up over the past months. Fundamentally I believe this project has some value as well.

From a technical standpoint we can see a falling wedge, which is always a bullish signal in a bull market and thus likely to break upwards. Last touch of the lower line of the wedge coincided perfectly with our determined support zone and saw a big bullish candle afterwards.

I'm now waiting for a breakout of the wedge, a retest and then I can enter the trade. With a stop loss below the most recent swing low and a target at the -0.382 FIB level.

Are you hodling CELR?

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