CELO could manage a (+220%) rise.CELO is on the verge of breaking an important level of $1,045 and is showing momentum shifting to bullish with moneyflow increasing in the higher timeframes that could result in a possible (+220%) move. The target is siting between value are low/point of control of last bull run with fibonacci level
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Celo (cgldusd) Weekly chart indicates the double bottom breakout. . .has been validated. Now jsut waiting for price action to head to the full double bottom breakout target. In the current price zone, a mild correction before reaching the full target wouldn’t surprise me. In doing so it would help it create an inverse head and shoulders for its follow up bull pa
✴️ Celo | Bottom Catch, Potential 2,300% To All-Time HighHere we potentially have a long-term bottom as Celo hits a new All-Time Low in June 2023.
After the ATL there is no follow through, bears are weak and all the indicators are starting to turn green.
Short-term we have months of higher lows and currently developing, a break of EMA10 as resistance; t
CELO IS BEARISH (1D TF)For CELO, by examining the waves on the chart, a large diamond pattern can be identified. It seems that it has now entered the descending G wave of this diametric.
The red zone is a strong supply that can push the price down towards the TPs. In this red area, we are in the middle of sell/short trad
$CGLD short term move to $.73-.79?Kind of a risky trade, but I'm of the belief that we'll see one more BTC bounce before the move down.
If it does happen, then I think OTC:CGLD has the chance at 20-30% upside here.
I think it's likely to hit the top resistance at $.79.
Let's see what happens over the coming days.
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 q
✴️ Celo Recovers Above Support & Goes Bullish (450% Potential) Celo pierced through its November 2022 low/support and quickly moved back above it. Notice that this happened 10-June, the same date that Compound and the rest of the Altcoins hit bottom.
The fact that CELOUSD is now back above this level, marked here with a blue dashed line, tells us that the bear
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