CELR: Watch Out for Breakout and Pullback Opportunities! ð
ðParadisers, #CELRUSDT has recently made significant strides by breaking out of a resistive trendline and forming an inverse head and shoulders pattern, indicating a heightened likelihood of a bullish reversal upon confirmation.
ðIf #CELR break above the resistant level, it would pave the way for further bullish movement towards subsequent resistance levels.
ðIn the event of a pullback, we can anticipate a bounce from the bullish OB (Order Block) level, which often serves as a strong support area.
ðHowever, in the scenario where the price breaks down below both of our identified levels, it may be prudent to exercise caution and refrain from taking immediate action. Waiting for clearer price action to emerge could provide better insights before making any decisions.
ðIf #CELR break above the resistant level, it would pave the way for further bullish movement towards subsequent resistance levels.
ðIn the event of a pullback, we can anticipate a bounce from the bullish OB (Order Block) level, which often serves as a strong support area.
ðHowever, in the scenario where the price breaks down below both of our identified levels, it may be prudent to exercise caution and refrain from taking immediate action. Waiting for clearer price action to emerge could provide better insights before making any decisions.
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