#CELR

in celr •  3 years ago  (edited)

If the market falls, I will take long positions at 0.046 and 0.04, where there is a strong support level. But if BTC falls to some 30k, there will be a possible drop to CELR to +-0.03.

Altcoins crash affects BTC 2x to sometimes 3x as much. So if there is a fakeout on BTC, it would mean that BTC can fall by units to tens of percent to certain support levels, e.g. 30K. This would be a +-28% drop and some altcoins could see a 50%-70% correction, which is why we mention the +-0.3 level on CELR if this drop comes.
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