CELOUSDT
CeloUsdt BuyHello traders!
Celo already broke out from the correction and it has move down for the test of support and now it is ready to break the previous high. It can touch 10$ but once it makes new Highs we will take our profit.
This target will give 50% gain of the Investment.
At the start of Month i told you to stay away from the coins as there was huge chance of drop and it happened, Now we are ready to buy the Market from Bottom.
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CELOUSDT H16: +200% gains bulls BEST LEVEL TO BUY/HOLD(SL/TP)Why get subbed to me on Tradingview?
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-TA that makes sense and
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CELOUSDT H16: +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 H16/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 4.30/4.40 USD
::: entry - late May 2021
::: for now PULLBACK/CORRECTION MODE
::: will last 2-3 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
::: 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.
Great trade🔥Good day, folks🔥
There is one more interesting formation.
Symmetrical triangle on CELO/USDT crypto pair.
There was a strong bullish impluse before this consolidation.
According to Elliott Waves theory all the waves are done and now price is heading to the breakout.
Follow the chart and look for the breakout carefully.
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Is it time to play the CELO at support?🎶''Global payments infrastructure built for mobile''.
Blockchain payments combined with mobile phones is music to our ears.🎶
Can CELO finally play the tunes though?🎺
With the recent great news from Germany and the price finally at support, today could be a great entry for a long term hold or a short term leveraged trade.
Celo is global payments infrastructure that makes financial tools accessible to anyone with a mobile phone.
www.coindesk.com
CELOUSDT (CELO) - BULLISH UPDATE ANALYSIS 🔎
- This is an update on my previous analysis on CELOUSDT that got invalidated.
- CELOUSDT has been on a mid-term uptrend.
- The uptrend is supported by the ascending trendline support (ATS).
- Price hit a swing high and retraced.
- The retracement is resisted by the descending trendline resistance (DTR).
- Breakout above the descending trendline resistance could be a bullish signal.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance.
- Retest of the descending trendline resistance after the breakout.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support.
CELOUSDT h4The chart is trapped between two trend lines,one ascending and one descending.With another attitude we can realize that the chart formed a triangle pattern.If the the chart breaks the higher side of the triangle,it is probable that it will go high as our target but we should be careful about those resistances.If it breaks the lower side it would go down but those supports may support the chart and that would make an opportunity to open a long position down there.
CELOUSDT (CELO) - BULLISH SETUP ANALYSIS 🔎
- CELOUSDT has been on a mid-term uptrend.
- The uptrend is supported by the ascending trendline support (ATS).
- Price tested the ascending trendline support.
- Price action is printing a pennant (P) pattern.
- A pennant pattern is a trend continuation pattern.
- A bullish continuation pattern in this case.
- There's a breakout potential.
BUY ENTRY ⬆️
- Stop limit entry : breakout above the pennant pattern's inclined resistance.
- Limit entry : test of the pennant pattern's inclined support.
- Market entry : current market price (CMP).
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the pennant pattern's inclined support and the horizontal support level (S1).
Deutsche Telekom invests in CeloIs it too late to invest in Celo ?
Deutsche Telekom has invested in Celo, a blockchain payments platform that allows mobile phone access to “decentralised finance” projects that allow users to bypass traditional financial firms, the company said on Tuesday.
It did not disclose the size of the investment.
Deutsche Telekom has also bought an unspecific amount of the Celo digital token used on the platform, it said, following major firms such as Tesla Inc to hold cryptocurrency in their coffers.
we are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
CELO- Our 2nd Quarter pick is 30% higher todayCello is a project we have liked to invest in, we also called it one of our 3 'Second quarter picks'.
Well, today it is 30% higher and looking great for more (maybe not today but very soon).
Fundamentally it combines mobile technology and blockchain currency/transactions- something like what Libra (Facebook) would like to be.
CELO Broke a flag pattern What now? 👓Hello Traders. I hope you are having successful trades.
Today I want to talk about CELO. Here in 4H timeframe as you can see, price has managed to break out of a flag pattern and I expect it to grow from here.
1st target is 5$ which is a static resistance and also a psychological resistance and the 2nd target is around 6.3$ which is obtained from flag pattern rules.
Once price breaks out of the flag, it can grow the same as the first leg or the base of the flag. Stop loss is shown in the chart.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on CELO and don`t forget to comment what you think. ✌
Great trade🔥Hurray, wolves🔥
There is our lovely formation
Symmetrical triangle on CELO/USDT.
There was a strong bullish sentiment before the price entered into consolidation.
Then price has drawn symmetrical triangle formation oh 1h frame.
According to Elliott Waves theory Wave D was done and then price broke resistance level after a small correction.
We are expecting the growth of the price.
So follow the chart and look for the best price to enter carefully.
_____________________________________________________
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".
Great trade🔥Hey, wolves🔥
There is one more interesting formation for you.
Descending triangle on CELOUSDT.
Previous bullish trend was broken and price started to fall. Now the price is in a consolidation.
According to Elliott Waves theory Wave D is done and now the price is heading to Wave E.
Follow the chart and look for the breakout carefully.
_____________________________________________________
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".