Get started

CELOUSD

CELOUSD: Neutral right now. Trade the breakouts.CELOUSD hit today the 1D MA200 after rebounding on the 1D MA50, forming the S1 (0.47250), being stranded essentially between the two. The 1D timeframe remains on bullish technical indicators though (RSI = 61. 619, MACD = 0.011, ADX = 41.243), making a bullish breakout above February's Channel Down quite likely. We will wait for that top to break and buy aiming at the R1 (TP = 0.73850). Conversely, if the S1 breaks, we will sell aiming at the S2 (TP = 0.41000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:CELOUSD
by InvestingScope
CELOUSDT: High Probability Trade OpportunityCELO is looking amazing as the price is rejecting a key demand zone. This rejection presents a good starting point for a high probability and good risk/reward trade opportunity. Although the target is conservative, it adds up to the probability. Traders can consider buying CELOUSDT at the current price level and setting a stop loss below the demand zone to manage risk. Alternatively, traders may wait for a pullback towards the demand zone to enter the trade at a lower price point. In conclusion, the technical analysis for CELOUSDT is promising, and traders who take advantage of this opportunity may potentially reap significant profits.
Long
by CryptoPAMM
CELO Cup & Handle ☕Celo is forming Cup & Handle pattern and seems to be ready to break the neckline. If it really does then there would be a chance for run to 1.385 and even higher. Have set BUY STOP-LIMIT order @ 0.892 to catch the potential breakout which is agressive approach but that's just me. One can rather wait for break confirmation and buy the potential pullback to the neckline (backtest). S/R zones along the way: 0.98-0.99 and 1.16-1.20. Wise idea to secure some profit at the higher zone (TARGET1) and let the rest run to the C&H projection (TARGET2). There is also legacy uptrendline (orange) which could act as resistance and then flip to support. ENTRY : local high @ 0.892 STOPLOSS (SL) : local low @ 0.682 TARGETS (TP) : TARGET1 - resistance @ 1.155 | TARGET2 - Cup & Handle measured move @ 1.385 REWARD RISK RATIO (RRR) : TARGET1 - 1.4 | TARGET2 - 2.65 INVALIDATION : when SL level hit This thesis is supported by the idea down below and if BTC is really going to 27500 we should see nice pumps on alts as well. Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
2
CELOUSD on a strong bullish fractal of the past.Celo (CELOUSD) is above its 1D MA200 (orange trend-line), supported by the 1D MA50 (blue trend-line) since January 12. With the 1W RSI on Higher Lows, the Bear Cycle seems over and will officially get confirmed after it breaks above the November 28 High (0.9225). We have already spotted two previous fractals that so far are very similar to the price action since the November 14 Low. Both of those sequences reached at least the 2.0 Fibonacci extension before retracing. The current 2.0 Fib is a little under 1.9000, which is our medium-term target on CELO from now on. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:CELOUSDLong
by TradingShot
1
Celo forming a beautiful inv h&s patternCurrently wicking below the neckline on the right shoulder…I’m not 100% confident it will trigger a breakout on the first candle of the right shoulder to reach the neckline, so I arbitrarily moved the measured move line a few daily candles forward to give it some time to fight the neckline resistance…whenever we see that it has clearly triggered the breakout above the neckline then I will readjust the dotted green measured move line accordingly to the point of the break out. For now it’s just been placed there arbitrarily. Will update when and if we have a valid breakout….there’s no guarantee we will even validated a breakout just yet. The way the market is going recently probability currently favors a breakout slightly, but my guess is it will take a few candles testing the neckline first as we can see that the current daily candle is wicking down exactly after testing the neckline. *not financial advice*
COINBASE:CGLDUSD
by DrDovetail
2
CELOUSDT - Oversold (2x - 5x return)Consider the 2D USDT pair above: 1) RSI is in oversold, "buy zone" 2) Bullish divergence as drawn 3) Price and RSI breakout on 3D BTC pair 4) Dragonfly doji printed on 5D BTC pair after large downtrend, signifying trend reversal Targets (initial): 1.5 - 1.6 - 2.3 USDT Timeframe: Weeks (don't know exact number) Leverage: 3-4x ( if we get a green candle close above the dragonfly's close in the 5D BTC pair chart, then chances of upside are even larger. Carefully manage risk. )
Long
by unknownpower
2
Celo - Breakout & UptrendDear my friends, Over the past few days, I have continued to look for coins with strong upside potential in the bull market. I have seen Celo. The price of Celo is still in a downtrend. But broke the downtrend since March. Currently in the weekly frame, the price is in the oversold zone since May. There was a clear divergence between the price line and the RSI line. I expect in the near future, the price will touch $0.88 - $1,096 and $2,319 Let's observe! Always put SL if you want to enter Thanks very much!
Long
by DragonCaoB