Celer Network / TetherUS
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🔥 CELR Huge Bullish Reversal

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A week ago I made an analysis on CELR. Here I argued that a break out was soon occurring, target of $0.06.

🔥 CELR Horizontal Channel: Potential Break Out


The break-out did indeed occur and the target was reached. Sadly enough, BTC saw a massive dump yesterday which also took CELR down. However, the support I indicated earlier held and caused a massive reversal today.

As I'm typing this, CELR is ending up to be one of the top daily performers, closing in on the $0.06 resistance we earlier indicated as an important target.

My view is simple. We're going to beat this $0.06 resistance soon and keep on pushing to $0.07. This might take a couple of days, assuming BTC will not dump much further.

Happy trading!

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