Celsius (CEL): Technical Analysis

Comprehensive Technical Analysis for Celsius (CEL)

As of 02/12/2024 01:11:09

Executive Summary

Based on the latest technical indicators, the current recommendation for Celsius (CEL) is: Hold Off.
This analysis synthesizes multiple technical indicators to provide a well-rounded perspective on the asset’s potential movements.

Technical Indicators Overview

1. Price Analysis

  • Latest Close Price: $0.25
  • Support Level: $0.2032644613,0.2278051353
  • Resistance Level: $0.2886251461,0.2737603894

2. Relative Strength Index (RSI)

The RSI measures the speed and change of price movements. Values above 70 indicate overbought conditions, while values below 30 suggest oversold conditions.

  • RSI (7-period): 56.79
  • RSI (30-period): 49.53

3. Stochastic RSI

Stochastic RSI is a momentum oscillator that applies the Stochastic oscillator formula to RSI values, making it more sensitive to price changes.

  • StochRSI %K (7-period): 67.57
  • StochRSI %K (30-period): 83.36

4. Moving Averages (SMA)

Simple Moving Averages (SMA): Simple Moving Averages smooth out price data to help identify trends over specific periods.

  • SMA (7-period): 0.24
  • SMA (30-period): 0.24
  • Trend Analysis: The short-term trend is bullish as the 7-period SMA is above the 30-period SMA.

5. Average True Range (ATR)

ATR measures market volatility by decomposing the entire range of an asset price for a given period.

  • ATR (7-period): 0.02
  • ATR (30-period): 0.03

6. Moving Average Convergence Divergence (MACD)

MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price.

  • MACD (7-period): MACD: -0.00, Signal: -0.00
  • MACD (30-period): MACD: -0.00, Signal: -0.00

7. Average Directional Index (ADX)

ADX measures the strength of a trend. Values above 25 indicate a strong trend, while values below suggest a weak trend.

  • ADX (7-period): ADX: 45.42, +DI: 34.67, -DI: 6.06
  • ADX (30-period): ADX: 20.02, +DI: 25.75, -DI: 14.12

8. Rate of Change (ROC)

ROC is a momentum oscillator that measures the percentage change in price between the current price and the price a certain number of periods ago.

  • ROC (7-period): 8.45%
  • ROC (30-period): 5.34%

9. Risk-Reward Ratio

The risk-reward ratio assesses the potential reward of a trade against its potential risk.

  • Risk-Reward Ratio (7-period): 0.93
  • Risk-Reward Ratio (30-period): 0.93

10. Bullish Candlestick Patterns

Bullish candlestick patterns can indicate potential upward price movements.

  • 7-period Patterns: No bullish patterns identified.
  • 30-period Patterns: No bullish patterns identified.

11. Volume Analysis

Trading volume indicates the strength of a price move. High volume during price increases suggests strong buying interest.

  • Yesterdays Volume: 1441791.03

Price Charts

Price Over the Last Year

1-Year Chart for Celsius

Price Over the Last Month

1-Month Chart for Celsius

Price Over the Last 7 Days

7-Day Chart for Celsius

Detailed Indicator Analysis

Relative Strength Index (RSI)

The RSI is currently at 56.79 (7-period) and 49.53 (30-period).
Neutral conditions.

Stochastic RSI

The Stochastic RSI %K is at 67.57 (7-period) and 83.36 (30-period).
Neutral.

Moving Averages (SMA)

The 7-period SMA is N/A, and the 30-period SMA is N/A.
Short-term trend is bearish.

Average True Range (ATR)

ATR values are 0.02 (7-period) and 0.03 (30-period), indicating the current market volatility.
Low volatility.

Moving Average Convergence Divergence (MACD)

MACD readings are as follows:

  • 7-period: MACD: -0.00, Signal: -0.00
  • 30-period: MACD: -0.00, Signal: -0.00

Bullish momentum

Average Directional Index (ADX)

ADX values are [object Object] (7-period) and [object Object] (30-period).
A weak or no trend.

Rate of Change (ROC)

ROC values are 8.45% (7-period) and 5.34% (30-period).
Positive momentum.

Risk-Reward Ratio

The current risk-reward ratios are 0.93 (7-period) and 0.93 (30-period).
Unfavorable.

Bullish Candlestick Patterns

Detected bullish patterns in the last 7 periods: No bullish patterns identified.
Detected bullish patterns in the last 30 periods: No bullish patterns identified.

Volume Analysis

The yesterdays trading volume is 1441791.03.
High trading volume indicates strong interest.

Final Recommendation

Recommendation: Hold Off

This recommendation is based on a combination of multiple technical indicators:

  • RSI and Stochastic RSI levels indicate potential overbought or oversold conditions.
  • MACD trends suggest bullish or bearish momentum.
  • ADX values confirm the strength of the current trend.
  • ROC provides insight into the momentum direction.
  • Risk-Reward Ratios assess the potential profitability versus risk.
  • Bullish candlestick patterns highlight potential reversal points.
  • Volume analysis indicates the strength of price movements.

It’s essential to consider these factors holistically rather than relying on a single indicator.

**Note:** Technical analysis is not foolproof and should be complemented with fundamental analysis and market sentiment evaluation. Always perform your due diligence before making trading decisions.


Investing in cryptocurrency involves significant risk and should be approached with caution. This analysis is intended for informational purposes only and does not constitute financial advice.

Happy Trading! 🚀📈

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