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CELOUSDT

Breakout for CELO: Price Eyes $1.56 After First Hurdle ClearedA bullish breakout pattern on the 4-hour timeframe. This crescent-shaped breakout, also known as an ascending crescent pattern, indicates a potential price surge in the coming days. The token successfully breached a resistance level of $1.15, signaling a positive shift in momentum. The immediate target after this breakout sits at $1.38, which CELO has already reached. Closely watching the price action at this first resistance point. If CELOUSDT can decisively break above $1.38, further gains could propel the price towards $1.56. Conversely, a pullback from this resistance level could see the price retrace back down to the range of $1.23 to $1.15.
by Z4F4R
1
#CELO Step 5 of 3 Elliott scenariosIn time D1 and W1, it is moving in a medium-term upward channel, which is currently completing wave 4, after which it should start wave 5 of 3, which can grow at least up to the range of 86 cents and then $1. to continue Therefore, note that this current wave should not enter the range of 0.572, in which case this analysis will be invalid. 🎯Frist TP: 0.86 🎯Second TP: 1$ 🛑Invalidation LVL: 0.572 ----------- Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.
Long
by alikze
CELO/USDT Ready for a Potential Bull Run? 👀🚀CELO Analysis💎 Paradisers, let's zero in on #CELOUSDT, as it's showing signs of a potentially significant move from a pivotal demand level. 💎#Celo is demonstrating an upward trend, indicating a likely bullish departure from its current demand zone. We anticipate a retest of the demand level at $0.587, especially with a significant supply zone looming. If #CELO holds firm above this threshold, it might herald a journey toward the major supply zone at $0.86. 💎If #CELO struggles to stay above the support level, it may signal the need for a strategic reevaluation. In such a scenario, we would look towards triggering a bullish movement from a lower bullish Order Block (OB). 💎Vigilance is key, as a descent below this level could precipitate a considerable bearish trend. 💎Stay vigilant and flexible, Paradisers. Your ParadiseTeam is dedicated to delivering the latest insights and strategic directions, ensuring you're fully prepared to manage these market dynamics.
Long
by MyCryptoParadise_Simon
4
CELO ANALYSIS (4H)Due to the change in structure, CH and bearish iBOS, CELO now has a bearish structure. We have marked the range where there are significant sell orders on the chart. We also have two liquidity pools above, which are unlikely to sweep their prices. If the price pulls back towards this supply, we will look for sell/short positions. We have specified the targets on the chart. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
CELO ANALYSIS💥💥#CELO Analysis 🚀🚀 🔮As we can see that #CELO was trading in a Falling Wedge and there is breakout of pattern. Also #CELO is trading above its support area. We will see a good bullish move in #CELO in long term. 💸💸 👀Current Price: $0.713 🚀 Target Price:   $1.115 ⚡️What to do ? 👀Keep an eye on #CELO price action and volume. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️ 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #CELO #Cryptocurrency #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
CELO/USDT bullish horizons? 👀🚀CELO Today Analysis💎Paradisers, turn your attention to #CELOUSDT, currently trading in a demand zone and showing signs of gearing up for a bullish movement. 💎Recently, #CELO faced resistance at $0.907 and is now regaining momentum in the demand zone at $0.729. If the price can maintain its strength above this level, there's a high likelihood of an upward movement towards the significant supply zone at $1.131. 💎However, if #CELO struggles to sustain its ground above the $0.729 demand level, it may be time to consider a different strategy. In such a situation, our focus would shift to potential bullish growth from a lower support level at $0.623. 💎It's imperative to closely monitor this level, as falling below it could signal the need for a strategic realignment, potentially pointing to difficulties in maintaining a bullish trend in the #CELO market.
Long
by MyCryptoParadise
1
CELO/USDT Could CELO breakout the daily resistance area ?? 💎 CELO has notably captured the market's attention, particularly as it confronts a significant daily resistance area. Historically, this resistance has proven to be a formidable barrier for CELO, typically resulting in hard rejections upon each attempt to surpass it. A successful breach of this resistance could signal a notable upward trajectory for CELO, probability with the next goal being the Bearish OB target. 💎 However, should CELO struggle to surpass this resistance, finding itself in a consolidation phase at this level for a few days, it risks another rejection. This scenario could lead to a reversal in CELO's trajectory, sending it back toward the demand area. 💎 The demand zone holds crucial importance as it represents the final line of support for CELO's bullish trend. Failure to rebound upon reaching this zone and sustain levels above it could lead to a downward shift. If CELO breaks below this key support level, it could move towards a stronger support area, indicating a potential bearish turn for CELO.
by MyCryptoParadise
CELO/USDT what next possible move? ? 👀 🚀Celo Analysis💎 Paradisers, let’s examine #CELOUSDT as it’s currently showcasing a captivating market behavior. Following a rejection from the supply zone, it is now aligning for a potential move originating from the demand zone. 💎 Reflecting on #CELO market journey, it has adeptly navigated a descending trendline, breaking above to initiate an upward trend. Presently, it is at a juncture where it could potentially continue its bullish trajectory from the demand zone at $0.491, provided it sustains momentum above this level. 💎 However, if #CELO struggles to maintain this momentum, we might see a bullish push originating from the lower support zone at $0.451. 💎 Additionally, traders should stay alert to the possibility that if #CELO breaks below the support level of $0.451, it could indicate a shift towards a downward movement. 🌴💰
by MyCryptoParadise_Simon
1