New gem! CELOCELO saw it's meteoric rise and fall from grace this week as the crypto exchanges shut its doors to liquidate overzealous leveraged long plays. Price is now at a discount and good for accumulation for long term investment.
BULL CASE
Price could move up from here and the long term targets we are looking at is at around the $30 levels
BEAR CASE
If the crypto markets as a whole corrects farther in the coming week, we see $4 as a good area to start accumulating more CELO.
CELOUSDT
CELO - How our Levels worked During today's 'Storm'Massive dip today, probably well orchestrated too with billions of dollars lost in liquidations.
Let's take a step back and see how our levels works.
Look at our previous ideas below for comparison. (CLICK ON PLAY BUTTON 3 TIMES ON PREVIOUS IDEA TO SEE TODAY'S SUPPORT LEVEL MEETING OUR CHART EXACTLY)
No love today,
the FXPROFESSOR
CELOUSDT🌟we always hunt for great potential coins which can go BOOM in the situations, here is another one just wait for its recent sideway again to be finished and let the alt season start running its bullish bias, this chart just needs a motivation to go for our goals
👉This idea has the confirmation of "advanced price action" 👍
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CGLDUSD/CELOUSD: Slow and steady progress--revised forecastCOINBASE:CGLDUSD BINANCE:CELOUSDT
A more conservative idea to temper the giddy one I posted yesterday: the first of three vertical green bars painted on 30 August may be conceived as the start of a support trendline that's since manifested into the bottom of what appears to be a bullish flag formation.
If so, adding the difference between CGLD's/CELO's open and closing price at the time of its initial breakout--≈ 4.382 and 5.974 respectively, and so ≈ $1.592--as represented by the aforementioned vertical green bar allows us to forecast a strong break above the purple resistance trendline to minimally touch a new local high of $1.592 + whatever's CELO/CGLD's price at the breakout.
A reasonable TP target might then be ≈ $7.05.
A reasonable stop loss might be ≈ $5.32
CELO - Insane Day (150% Higher 2 Hours After Our Post) 😲 This is a day to remember. We have done similar posts going crazy wild (Like last week with AVAX ) but this is quite something.
You may call it luck and yes partially it is luck since a 100 million deal took place out of the blue BUT at the end of the day it's a success repeated frequently so allow me to brag and analyze it for you:
1.Fundamentals come first
We did research, we compared to competition, we looked at Tokenomics, we looked at the team behind it and THEN we proposed it to you here
I am Greek, and ancient Greek rule is: 'Do NOT believe in Luck'
2. Chart is Art
We are constantly looking at charts with the methods we use (part of it we share it here, part of it we share with some people working closer to us and part of it we keep for ourselves completely).
The way we work is simple; out of the many charts we try to identify the one that shows more momentum and has higher probability to break out.
3. The future in Crypto
You might as well start forgetting the times when everything rises or massively sinks because Bitcoin went up or down.\
You might as well start forgetting the times when every crypto will go up and you just Hodl and research is not needed
You might as well start being more educated now because the cryptos will stay but at the same time they will change. Bitcoin will become less volatile in 6 months to a year and the crypto market will not be so dependent on it.
i will get back to this words in dew time, in the meantime ok Celo, enough for one day
the FXPROFESSOR
🧝🍄CELO - 40% Higher Just an Hour Later ⚗️🦄Yes, I am not kidding; and no I didn't just buy 100,000,000 of Celo
It just happened that my chart tends to help me pick winners on a bad day, that's all
(we did the same with AVAX a few days ago).
News are great again and CELO has well been selected as one of our top picks for 2021. Patience always works because our research tends to be good (we had called it second quarter unicorn).
one Love,
the FXPROFESSOR
CELO - Thumbs Up 👍🏽We like our charts close to support and far from resistance. Celo is right now one of our favorite charts, despite the good profits of last week.
CARE USA, a leading humanitarian organization fighting global poverty, today announced that it has selected Celo , an open-source blockchain ecosystem focused on making decentralized financial (DeFi) systems and tools accessible to anyone with a smartphone, to leverage the benefits of blockchain technology for the first time in its program in Latin America.
Recent integrations seem to have given Celo’s price a boost.
First, QuickNode, a building infrastructure to support the future of Web3 recently announced support for Celo. Second, Celo announced its partnership with DuniaPay, a full-service digital banking app, to ease financial services for residents in West Africa. Earlier in August, CARE USA, a leading humanitarian organization fighting global poverty chose Celo as one of its First Blockchain Partners in Latin America.
Other technical analysts tend to agree with my view here
Let's play some Celo tunes again,
the FXPROFESSOR
CELOUSDT D1: +200% gains BULLS THE BEST level TO BUY/HOLD(SL/TP)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!
CELOUSDT D1: +200% gains BULLS THE BEST level TO BUY/HOLD(SL/TP)(UPDATE)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: CELOUSDT day/candle chart review
::: accumulation in progress now
::: bullish chart looks good
::: updated/revised outlook
::: expecting more downside
::: before reversal / BOUNCE
::: setup still valid as of RIGHT NOW
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: currently PULLBACK MODE
::: BUY LOW near 2.00/2.10 USD
::: entry - late July/August2021
::: for now PULLBACK/CORRECTION MODE
::: will last 2-5 weeks
::: up to 200% gains possible later
::: short-term pullback/correction
::: re-test of range lows is likely
::: before uptrend can resume later
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +200% gains
::: details: see chart
::: FINAL TP is +200% gains USD
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +200% gains
::: 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: BULLS/200% gains
::: Sentiment short-term: PULLBACK/MODE
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.
CELOUSDT D1: +200% gains BULLS THE BEST level TO BUY/HOLD(SL/TP)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!
CELOUSDT D1: +200% gains BULLS THE BEST level TO BUY/HOLD(SL/TP)(update)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: CELOUSDT day/candle chart review
::: accumulation in progress now
::: bullish chart looks good
::: updated/revised outlook
::: setup still valid as of RIGHT NOW
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: currently PULLBACK MODE
::: BUY LOW near 2.00/2.10 USD
::: entry - late July/August2021
::: for now PULLBACK/CORRECTION MODE
::: will last 2-5 weeks
::: up to 200% gains possible later
::: short-term pullback/correction
::: re-test of range lows is likely
::: before uptrend can resume later
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +200% gains
::: details: see chart
::: FINAL TP is +200% gains USD
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +200% gains
::: 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: BULLS/200% gains
::: Sentiment short-term: PULLBACK/MODE
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.
CELOUSDT D1: +200% gains BULLS THE BEST level TO BUY/HOLD(SL/TP)Why get subbed to me on Tradingview?
-TOP author on TradingView
-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
-No MACD / RSI /MA/FIBONACCI
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
-no moonboy/crazy targets
-TA that makes sense and
-setups that payout
CELOUSDT D1: +200% gains BULLS THE BEST level TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: CELOUSDT day/candle chart review
::: accumulation in progress now
::: bullish chart looks good
::: updated/revised outlook
::: setup still valid as of today
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: currently PULLBACK MODE
::: BUY LOW near 2.00/2.10 USD
::: entry - late July/August2021
::: for now PULLBACK/CORRECTION MODE
::: will last 2-5 weeks
::: up to 200% gains possible later
::: short-term pullback/correction
::: re-test of range lows is likely
::: before uptrend can resume later
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +200% gains
::: details: see chart
::: FINAL TP is +200% gains USD
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +200% gains
::: 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: BULLS/200% gains
::: Sentiment short-term: PULLBACK/MODE
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- Our preferred Option for a Long at this stageCelo has proven as right and did well even while Bitcoin was crashing.
Our selection for this second quarter (which by the way ended up being a sour one) was mainly Cardano, Sia, Vet and CELO.
Given the circumstances I think we did well and hopefully a strong recovery of BTC in July can serve us well.
For the time being we need to be defensive and go Long selectively until things are clearly. Celo is our main pick at this very moment and already in profits today despite BTC still dropping
the FXPROFESSOR
✨CELO- More than DOUBLED while on Vacation ✨One of our picks for second quarter 2021, CELO, has managed to more than double during our short break.
What is Celo?
Celo uses your phone number as your wallet's public key to make it easy to send money to your phone’s contacts. Super!
We knew that fundamentally the project ahs GREAT potential and the good news keep coming:
Yahoo finance
Deutsche Telekom
Opera (we called the music on a previous idea...just a coincidence )
We are back,
the FXPROFESSOR
CELOUSDT AnalysisHi Traders,
Sharing my Technical Analysis with you. Solely meant to improve my learning curve. Hope you like it.
EngineeringRobo is Bullish for CELOSDT at the moment. If you consider BUYING wait for the daily close just above the 3.65 area support line.
Trading plan:
Buy: above 3,65+ (daily close)
Tp1: 4,80 (50%)
Tp2: 6,10 (25%)
Tp3: 7,25 (25%)
SL: below 3,65 (daily close)
Unless the signals tell me otherwise.
You have CELOUSDT ? This might be a good time to SELL and re-enter once the daily close is just above the 3.65 area resistance line.
Otherwise, just follow the signals.
Good luck & all the best,
Father of 3.