CEL broke out from falling wedge
#CEL/USD
CCEL is trading inside a long term descending parallel channel, price is above middle line and broke out from a falling wedge pattern. here is a support zone that price need to hold it for rising toward upper line of channel that is the same with resistance zone.
break out from upper line will increase price to $6 and $7, in long term price can touch $10.
but break below middle line of channel will drop price to lower line to $2 and maybe $1.5.
CCEL is trading inside a long term descending parallel channel, price is above middle line and broke out from a falling wedge pattern. here is a support zone that price need to hold it for rising toward upper line of channel that is the same with resistance zone.
break out from upper line will increase price to $6 and $7, in long term price can touch $10.
but break below middle line of channel will drop price to lower line to $2 and maybe $1.5.
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