CELO / TetherUSLong
Ascending triangle , upward uptrend , good buy setup
Hello Traders!
-As we can see our CELO coin is forming an ascending triangle on 4h time frame, we need to make sure that buyers will continue with their steam making a new HH HL in order to prove our uptrend , we might have a little bit pullback to our strong support 5$ ( good demand zone ) ,making our EMA 200 acting as dynamic support pushing the price up
-On daily time frame we have a buy set up , waiting for confirmation in order to set our entries and stop loss
Good Luck traders !
-As we can see our CELO coin is forming an ascending triangle on 4h time frame, we need to make sure that buyers will continue with their steam making a new HH HL in order to prove our uptrend , we might have a little bit pullback to our strong support 5$ ( good demand zone ) ,making our EMA 200 acting as dynamic support pushing the price up
-On daily time frame we have a buy set up , waiting for confirmation in order to set our entries and stop loss
Good Luck traders !
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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.