This is a 1D frame analysis for CELRUSDT The price has encountered our weekly support at and is currently rebounding. You can see the compressed candlesticks forming a kind of a triangle pattern which indicates that the bulls have enough power to push the price higher. Currently, they are pushing the price above the weekly support and, considering that it has been able to do so in the two previous occasions, it could be expected to continue its upward movement. We should wait for the bullish candles to continue. Suggestion: Those who want to buy low risk can enter the trade after breaking the 4-hour resistance line and establishing above it to go to a higher resistance line.
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