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!
CELOUSD
Celo coin formed bullish Shark | A good buy opportunityHi dear friends, hope you are well, and welcome to the new update on the Celo coin with Bitcoin pair.
Previously we had a harmonic trae of CELO:
Now on a 2-hr time frame chart, CELO has formed a bullish Shark pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Cello/USDT AnalysisHello traders.
1. Weekly chart
Stochastic RSI pointing up.
The price has reached the 1.68 target of the projection and also the diagonal Fibo channel, a well-known target.
2. Daily chart
I plotted two possible scenarios, an optimist with a green arrow and a pessimist with a red arrow.
The price apparently corrected on the 50% retracement:
The correction also respected the Arnaud Legoux moving average of 89:
And it stayed above the exponential moving averages of 8 and 21:
Analyzing 21-period Bollinger Bands, with regularized exponential mean and Extreme Stochastic DMI:
The price tried to stay above the average for 3 times as per the red circles.
It's testing again, to see if it goes back down to the green circle.
The Extreme Stochastic DMI indicates bullish continuation pointing up.
3. 4-hour chart
Price appears to be undefined in the range between the 200 exponential and simple moving averages
The price needs to stay above 1,272 Fibo channel, otherwise it will test the next level at 1,382.
CELO long idea LTF 15 minute chartThis is a long idea for CELO on a lower time frame, more immediate trade setup.
Sorry for the mess with so many lines but I love it when the fibonacci levels line up nicely with historical price action and vice versa of particular importance here Id say is magging fib for the leg down we see, I can see price travelling back to the 0.5 and 0.618 lines quite comfortably (targets beyond that would need to be managed sensibly, maybe with trailing stop losses.
So yes, the first option would be to long here, with stops below the swing low here. The horizontal resistance is of most importance, but I drew on the diagonal (almost like a neckline) because I thought it was interesting that it was there, and also that the diagonal resistance is going to possibly be where the horizontal resistance aligns when price action crosses, gettting a double whammy.
The second option for a long and stops here is to wait patiently for the break and then to simply long the restest of the horizontal resistance as support.
CELO macro long ideaHeres a quick swing trade long idea for CELO
I noticed there this is a huge gap to the upside that could potentially be filled; up to the recent swing/lower high that has prevailed ~1.19.
Treating price action here as a swing low (higher from the local bottom), we could have our stops just below. Price targets overhead.
CELOUSDT TREND LINE Nice to meet you, everyone
I'm an alt trader
I'm analyzing and recommending things that are similar to my personality among many alt coins
----------------------------------------------------------------------------------------------------------------------
All the upward trends were broken and renewed after breaking the lows. It's never a safe coin, so you can't sell it. Stable trading can only be carried out if it rises above the orange thick upward trend. Currently, the red upward trend will be broken and supported by the blue downward trend.
CELO inverted H&SCelo is forming Inverted Head and Shoulders 🤷. If price breaks the Neckline 3.752 I think there is chance for run to 5.45 and even higher.
ENTRY : local high @ 3.8
STOPLOSS (SL) : Right Shoulder @ 2.77
TARGET (TP) : Inverted H&S target projection @ 5.45
REWARD RISK RATIO (RRR) : 1.6
INVALIDATION : when SL level hit
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.
CELO I think CELO is going to $12 at least ( long/mid term)
after hits wave 5 might see a correction at least 10-20% then will see a huge pump
peace :)
CELOUSD The most structured Channel Up in the marketCelo (CELOUSD) has seen a very strong rise since the start of the month that resulted in breaking above the 1D MA200 (orang trend-line) for the first time since January 17. The wider pattern of roughly the last two years has been a Channel Up, with highly structured Higher Highs (tops/ red arrows) and Higher Lows (bottoms/ green arrows).
In fact the past two 1D MA200 crosses following a Channel Up Higher Low, have been the final signal for the rally towards the new Higher High. That is technically around the 1.236 Fibonacci extension in relation to the previous top. Similarly the Higher Lows are around the 0.236 Fibonacci retracement level. At the moment the 1.236 Fib ext on the current wave is around $16.68 but if you are long on Celo it might be safer to start taking profits as soon as the price hits the Higher Highs trend-line of the Channel Up.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
CELOUSD H16: 400% gains BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
CELOUSD H16: 400% gains BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ ENTIRE IDEA BEFORE EXECUTING.
🔸 Summary and potential trade setup
::: CELOUSD 16hour/candle chart review
::: updated outlook still valid today
::: CORRECTION MODE next 2-5 weeks
::: correction just started not OVER
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: BUY LOW near 1.50/2.00 USD
::: entry - after 40% CORRECTION
::: up to 450% gains possible later
::: short-term pullback/correction
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +500% gains
::: details: see chart
::: FINAL TP is 500% gains
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +500% gains 8.50 USD
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment short-term: PULLBACK/CORRECTION NOW
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
CELO - the buy level for the investmentHello, everyone!
The new heading - where is the bottom for altcoins! Let's get started with the CELO coin.
The Fibonacci retracement for the last downside impulse was corrected exactly to the 0.61 Fib. In this case the final downside target is the Zone 27 $1.83 - $2.25. There will be very nice accumulation zone to enter the position.
Good luck!
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
CELOUSD D2: 400% gains BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
CELOUSD D2: 400% gains BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ ENTIRE IDEA BEFORE EXECUTING.
🔸 Summary and potential trade setup
::: CELOUSD 2days/candle chart review
::: updated outlook still valid today
::: CORRECTION MODE next 2-5 weeks
::: correction just started not OVER
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: BUY LOW near 1.50/2.00 USD
::: entry - after 40% CORRECTION
::: up to 450% gains possible later
::: short-term pullback/correction
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +500% gains
::: details: see chart
::: FINAL TP is 500% gains
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +500% gains 8.50 USD
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment short-term: PULLBACK/CORRECTION NOW
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.