CELOUSDT trade ideas
celousdtFormed a cup and handle pattern which is bullish .I am keeping celo for atleast three months.
not financial advice.DYOR
CELO- 34% higher todayCelo has been one of our favorite picks for the second quarter and as stated before we do expect it to rise higher during the next months.
It is 34% higher today, outperforming the vast majority.
Let's see if it can keep rising at such a fantastic rate.
the FXPROFESSOR
CELOUSDT H16: +200% gains bulls BEST LEVEL TO BUY/HOLD(SL/TP)Why get subbed to me on Tradingview?
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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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And always remember: "we don't predict, we react".
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
#NEWS #CELO/USDT - Potential 71%#NEWS
#CELO/USDT
BUYZONE - 5.5 - 4.53
TP1 - 5.87
TP2 - 6.46
TP3 - 7.24
TP4 - 9.39
SL - 3.72
- Now you can pay with $CELO everywhere Visa® Debit Cards are accepted in the US! Starting today, Moon now supports CELO payments through Coinbase.
- The @CeloOrg Donut Hardfork is set to activate on Mainnet at Block Number 6774000, which will be on May 19th, 2021.
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 cup&handle#CELOUSDT price is above middle line of parallel channel, also there is a Cup & Handle pattern that shows the upward move
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).
