CELR technical analysis

CELR seen from the temporality of 1D we can see how the structure of candles has formed an HL (lower higher) creating in this way a symmetrical triangle in relation to the lower highs, the current candle has begun to gain momentum after the price found support in the range of 198 – 204 that I have indicated in the chart inside the blue lower rectangle, I have also indicated the important areas of supply in the upper part of achieving the break up of this setup.

CELR seen from the temporality of 4H we can observe more closely the zone

About the author: luis garcia
Technical Market Analyst Crypto trader

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