Celo
CELOUSD (CELO) - UPTREND CONTINUATION ANALYSIS 🔎
- CELOUSD brokeout above the bullish flag resistance and hit an ATH.
- The market is currently undergoing retracement.
- Price is testing the flip horizontal support, 0.618 fibonacci retracement level and ascending trendline support.
- The retracement is resisted by the descending trendline resistance.
- There's an uptrend continuation possibility.
BUY ENTRY ⬆️
- Aggressive entry (risky) : market price (now).
- Conservative entry : breakout above the descending trendline resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- ATH (all-time high) resistance.
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support and 0.786 fibonacci retracement level.
CELO Coin heading for it's ATH soon? Following its recent increments and breakouts after consolidation, each time the period between has increased in frequency and become shorter. Holding closer to its peak.
CELO is due to launch its EURO stablecoin for it's network in March. It is a network that is aiming to enables crypto payments to and from mobile numbers instead of long addresses and wallet set ups, a bridge between the current crypto wallet and a more user friendly process.
The price has already increased dramatically in the last month, could it be coming to a head Similar to how NU (Nycypher) did in a similar fashion?
CELOBTCAfter my last chart CELOBTC sky rocketed almost 90% to set a new ATH. I am now seeing another potential breakout.
Celo CGld to btc defending channel? I’m not sure but this keeps rising big when it breaks resistance lines
CELO / USDT Good to go up Here is the chart detail. CELO is a move to the upside but first, wait for a good resistance area then take your entry and enjoy good profit
push through this wall and to the moonCELO is bullflagging and about to rip right through the sell wall and double perhaps even triple in value !
🆓Celo/USDT Analysis (29/1) #CELO $CELOCash flow has been pouring into CELO quite strongly since the beginning of 2021 and CELO is almost ready for a new rally as it continuously keeps its price when approaching the moving average line MA50.
We can expect a strong pump like the beginning of the year
📈BUY
-Buy: 2.8-2.9$. SL B
📉SELL
-Sell: 3.3-3.4$. SL A
-Sell: 3.6-3.7$. SL A
-Sell: 4.4-4.6$. SL A
-Sell: 5.0-5.2$. SL A
♻️BACK-UP
-Sell: 2.8-2.9$ if B. SL A
-Buy: 2.4-2.5$. SL B
❓Details
Condition A : "If 4H candle closes ABOVE this zone"
Condition B : "If 4H candle closes BELOW this zone"
Im not sure if this qualifies as a big cup and handle on celothis has been beaten up lately
still seems not entirely hopless
im not sure if this qualifies for a cup or a handle quite frankly
target 3.80
Messy Cup and handle? I’m not sure cgld usdI’m not sure if this counts as a cup and handle
Target of $3.20+ if it breaks out?
Celo - This project could be HugeI am following this coin for a long time. And still it hadn't failed to impress me. Project is good and working.
There is a cup and handle formation on daily chart. we can see some serious gains in coming days.
Celo/Bitcoin strategyCelo is doing opposite of bitcoin since a couple of weeks, let's hope it stays the same for the next days..
head and shoulders? on the 15 min and 30 minutehead and shoulders the top for cgld?
not sure if the neck line is right but i think its playing out either way
a target of $2.50?
celo's break upwards a sign of bitcoins coming break upwards?is this a thing? it seems like a thing... a sign of bitcoins move to come? to the upside? i think this coin is a long term hold at this price
it gets little attention, a sleeper? on binance now
has coinbase building on its block chain
jack dorsey backs it and coinbase and a bunch of others
it is volatile and will crash after pumps
but I've been holding since $1.36
Long it Looks like they dumped this coin low enough. Expect a move back up into the $2 range minimum. Im holding till 4.50-5.
