#CELR #altseason #CelerNetwork
Hey, guys.
Today we're looking at the altcoin CELR.
The instrument has technically corrected after rising to the 0.618 Fibo zone, and at the moment may break the downtrend. The volume terminal shows emerging buyer volume and this is a good place for a stop, local support is below 0.016. The risk-reward is potentially 1 in 3, most likely at growth will be removed the past high, also this zone is the upper boundary of consolidation in which the instrument is for a long time, and it makes sense in case of working out the scenario to leave 10-15% of the position for a potential breakdown of the upper boundary and working out the pattern flag with a target of 0.04, but the main part of the position should be unloaded and take profits if the market gives it should be taken, it is the main mistake of traders not to fix profits in anticipation of Xs. Remember about the correlation of all altcoins with bitcoin, so if the main cryptocurrency falls, the set up becomes irrelevant.