CELO LONG
Celo has bounced every time it touched the lower range around $0.40, usually reaching at least 0.25.However, given the current market conditions, I expect either more downside or a sideways movement in the next few days.
The Stoch RSI is gearing up for a bullish cross on the weekly, but historically, the first cross is often followed by a negative one, before a second bullish cross that truly pushes the price higher. So while we might see some short-term upside, we should also be prepared for lower prices before a more significant rally kicks in.
The Stoch RSI is gearing up for a bullish cross on the weekly, but historically, the first cross is often followed by a negative one, before a second bullish cross that truly pushes the price higher. So while we might see some short-term upside, we should also be prepared for lower prices before a more significant rally kicks in.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.