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CEL’s Trend May Undergo Bullish Reversal as Traders Book Profits

Published 13/10/2023, 12:15
CEL’s Trend May Undergo Bullish Reversal as Traders Book Profits

Coin Edition -

  • SanR.app revealed in an X post today that traders booked 21.12% profits following a short on CEL over the past 2 weeks.
  • Traders closing their short positions may suggest that they anticipate CEL’s price to rise in the short term.
  • At press time, a bullish reversal technical flag was on the verge of being triggered on CEL’s daily chart.

The cryptocurrency trading signals platform SanR.app revealed in an X (formerly Twitter) post, that traders were able to profit off of the drop in Celsius’ (CEL) price over the past 2 weeks. According to the post, traders have realized profits of 21.12% by shorting the altcoin throughout the past fortnight.

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