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CELO / TetherUS

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CELOUSDT trade ideas

#CELO/USDT - Long - Potential 25.29% #CELO/USDT provided by the pro trader BlockParty SPOT | USDT Strategy: Long Exchange: Multi-Exchange Account: Spot Entry mode: DCA Limit Invest: 4.26% Exit: • ⎿ Target 2 : 0.852 23.48% • ⎿ Target 1 : 0.771 11.74% DCA Entries • ⎿ Entry : 0.690 - 100% • ⎿ Current market price: 0.685 Stop: 0.609 (-11.74%) Technical indicators: • ⎿ 24h Volume: 7745111.9323 • ⎿ Satoshis: 0.688 Trendbreak, with big volume swell (likely profit taken from BTC filtering down). 20,50 and HullMA jumped, speak in the RSI. Slight concern BTC corrects and we see alts follow but This looks too good to pass up - decisive trend break confirmed with volume. ​ Trade: CELOUSDT 29/03/2023 12:02 Account: SPOT Volume last 24h: 7745111.93 USDT
Long
by CryptoNicho
CELOUSDT is testing the supportCELOUSDT had a rejection from the 0.618 Fibonacci level on the daily timeframe, indicating a strong level of resistance. Additionally, there was another rejection from the dynamic resistance on the 4-hour timeframe, further highlighting the potential for a bearish trend. Currently, the market is testing the key support level at the $0.58 area, which may provide a critical level for traders to monitor. If the price fails to hold above this support level, there could be an opportunity for traders to set a short position, according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
CELOUSDT is testing the daily supportCELOUSDT had a false breakout from its daily resistance level at 0.9$. The market is now testing the previous weekly resistance level at 0.75$ as new support. Traders who follow Plancton's Rules may be waiting for a new breakout to the upside before considering a new long position in the market. A breakout from the previous daily resistance level could indicate that the market is once again bullish and may continue to rise. This could be a signal for traders to enter a long position in the market. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
RLinda ! CELOUSDT-> Adam and Eve give the coin a chance CELOUSDT rests on the local bottom and forms a set-up foreshadowing a trend reversal. A breakout of basic resistance will activate the set-up, and a retest will find an ideal entry point. Adam and Eve is a bullish reversal pattern that usually forms at the bottom of a downtrend and signals a potential reversal in the price of an asset. This pattern is considered a more reliable reversal signal when it occurs after a prolonged downtrend, as it indicates that seller pressure is exhausted and buyers can begin to regain control. Additional bullish signals for a possible upside breakout are forming at the moment: moving averages crossing, formation of a pre-break consolidation, and renewal of local highs. I assume the bulls will try to hold the support zone near the level of 0.781, the price will again push back and continue to test the resistance for a breakout. I expect breakdown and achievement of the medium-term objectives - resistance 1.200 and also 1.490. Regards R.Linda!
Long
by RLinda
7
CELO Cup & Handle ☕Celo is forming Cup & Handle pattern and seems to be ready to break the neckline. If it really does then there would be a chance for run to 1.385 and even higher. Have set BUY STOP-LIMIT order @ 0.892 to catch the potential breakout which is agressive approach but that's just me. One can rather wait for break confirmation and buy the potential pullback to the neckline (backtest). S/R zones along the way: 0.98-0.99 and 1.16-1.20. Wise idea to secure some profit at the higher zone (TARGET1) and let the rest run to the C&H projection (TARGET2). There is also legacy uptrendline (orange) which could act as resistance and then flip to support. ENTRY : local high @ 0.892 STOPLOSS (SL) : local low @ 0.682 TARGETS (TP) : TARGET1 - resistance @ 1.155 | TARGET2 - Cup & Handle measured move @ 1.385 REWARD RISK RATIO (RRR) : TARGET1 - 1.4 | TARGET2 - 2.65 INVALIDATION : when SL level hit This thesis is supported by the idea down below and if BTC is really going to 27500 we should see nice pumps on alts as well. Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
2
CELO : THE GOLDEN BREAKOUT COINThere are some trends on this coin that allow it to show interesting views for the breakout in the coming time. When we check a breakout coin we depend our views not on the price actions, but on the structure that is building on the coin and the trends that the coin can do depending on the technical side. The coin can be a follow for days, since it shows this interesting view we will follow it coming time to see if it's able to show the golden breakout of $1.34 we expect that there will be a moment that this coin is able to show a breakout.
Long
by Goldenbreakout
4
CELOUSDT is testing the supportFollowing positive news about CELO and OPERA browser, the price has tested the daily support after a clear breakout inside the ascending channel. Currently, the price is approaching a key level at 0.82$ where a static resistance exists on the 4-hour chart. This level presents an important test for the asset's bullish trend. As traders, we will be closely monitoring the situation and waiting for a potential breakout from this key level. Should the breakout occur, we will apply Plancton's Rules to determine the next trading opportunity. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
1
✴️ CELO Looks Bullish vs USDT | $3.333 Next TargetTwo major bullish milestones reached on this chart, CELOUSDT. (1) Recovery above the June 2022 major low. (2) Break and close above MA200 (black line). Today's trading volume is also higher than average and overall buy volume (green bars) are predominant on this chart. We are mapping the main target at $3.333 but there is resistance along the way. First target is $1.111 followed by $1.533. Finally, before reaching $3.333, $2.222 needs to be broken. It should be entertaining to to see the whole process develop. It should be profitable if you are holding this altcoin. Namaste.
Long
by MasterAnanda
3