🚨 SETUP UPDATE $CELR
The context has completely changed since my last post.
The accumulation zone I had in mind around $0.0019 is no longer relevant. The token has already gained more than +100%, with a high of $0.0052 and a current price around $0.004779.
So let’s be clear: this is no longer the same trade.
We’re not looking at an early entry with a strong risk/reward ratio anymore. The parabolic move is already underway, and now the market needs to digest all this upside.
From here, I mainly see two scenarios 👇
- If the $0.0040 area holds as support after a retest, it could be a sign that buyers still want to push the move higher.
- On the other hand, a deeper correction toward $0.0032-$0.0027 would clearly change the structure and could indicate that the parabolic phase is over.
For me, the invalidation remains a daily close below $0.0016.
But be careful guys 😅 entering now after a +105% move is absolutely not the same thing as entering at the beginning of the setup.
The targets are still ambitious, potentially x2 up to x10, but you have to understand that the starting point is no longer the same.
Bref, the market has changed, so the plan has to change too.
Never get too attached to your old scenario.
#TradingTales #CELR
The context has completely changed since my last post.
The accumulation zone I had in mind around $0.0019 is no longer relevant. The token has already gained more than +100%, with a high of $0.0052 and a current price around $0.004779.
So let’s be clear: this is no longer the same trade.
We’re not looking at an early entry with a strong risk/reward ratio anymore. The parabolic move is already underway, and now the market needs to digest all this upside.
From here, I mainly see two scenarios 👇
- If the $0.0040 area holds as support after a retest, it could be a sign that buyers still want to push the move higher.
- On the other hand, a deeper correction toward $0.0032-$0.0027 would clearly change the structure and could indicate that the parabolic phase is over.
For me, the invalidation remains a daily close below $0.0016.
But be careful guys 😅 entering now after a +105% move is absolutely not the same thing as entering at the beginning of the setup.
The targets are still ambitious, potentially x2 up to x10, but you have to understand that the starting point is no longer the same.
Bref, the market has changed, so the plan has to change too.
Never get too attached to your old scenario.
#TradingTales #CELR