The 8th Wonder, Compound Interest $CEl #Celsius @CelsiusNetwork

12 de mai. de 2020

Weekly
Celsius Network; the crypto that lets you earn interest in holding your crypto. Yet to see a bull market this crypto is already being used. Looking at our trend timeframe we can see since being introduced to the crypto space Cel seems to be respecting a bullish channel. All time high closed at $0.1730 and our all time low at $0.0350. The price currently sitting at $0.10-$0.11, stochastic rsi showing momentum heading up although we are currently in consolidation. Fundamentally a great project with technicals to match.


Daily
Shifting over to our pattern timeframe we get a better look at minor uptrends and downtrends being formed and broken. Stochastic RSI showing momentum is in favor of the bears, however, price action is starting to show signs of support. The last time we were at this price we saw a jump from $0.11 uo to $0.16; followed by a small retracement anda push to $0.18. A daily close above $0.1050 is a good sign we have found support and should continue to the upside either after consolidation or immediately.