Celo looking good for a bounceignore the Elliot wave count as I am a beginner at Elliot waves. price is at the Golden pocket after a very big impulse to the upside. price changed the local structure and now is pulling back. I place bids at local GP around 0.58 with a tiny stop loss. It's the weekend and the market is dead so very tiny in size.
CELOUST trade ideas
CELO SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the CELO symbol.
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
CELO - "LONG LIKE DONKEY KONG"Shout out to Mr. WW for the title quote.
Where do I begin with this one...
1) RSI in oversold zone. Applies to both USDT and BTC pairs.
2) Price quickly and in succession printed out of Bollinger Bands due to the recent FUD. Move is unsustainable and will have to reverse back into BB (upwards). Applies to both USDT and BTC pairs.
3) Multiple indicators flashing bullish on multiple timeframes. Applies to both USDT and BTC pairs.
4) Descending channel as drawn. Price currently bounced on its bottom.
2D USDT Pair
2D BTC pair
1W BTC pair
Can the price fall lower? Sure.
Is it probable that it goes much further down? No.
As always manage risk and minimize leverage. Good luck.
CELOUSDT - Oversold (2x - 5x return)Consider the 2D USDT pair above:
1) RSI is in oversold, "buy zone"
2) Bullish divergence as drawn
3) Price and RSI breakout on 3D BTC pair
4) Dragonfly doji printed on 5D BTC pair after large downtrend, signifying trend reversal
Targets (initial): 1.5 - 1.6 - 2.3 USDT
Timeframe: Weeks (don't know exact number)
Leverage: 3-4x ( if we get a green candle close above the dragonfly's close in the 5D BTC pair chart, then chances of upside are even larger. Carefully manage risk. )
Celo - Breakout & UptrendDear my friends,
Over the past few days, I have continued to look for coins with strong upside potential in the bull market.
I have seen Celo.
The price of Celo is still in a downtrend. But broke the downtrend since March.
Currently in the weekly frame, the price is in the oversold zone since May.
There was a clear divergence between the price line and the RSI line.
I expect in the near future, the price will touch $0.88 - $1,096 and $2,319
Let's observe!
Always put SL if you want to enter
Thanks very much!
CELOUSDT | BEARISH CHANANEL BROKENCELOUSDT has been trading in bearish channel .
The price has approached to the upper boundary of channel and broken above the channel While holding an important support zone .
The bulls need to break above the channel and hold the price for further bullish trend
Manage your trades accordingly.
CELO/USDTCELO/USDT
It is below its resistance of 73 cents.
73 cents has been a support that has turned into resistance.
but...
An upward divergence can be seen, which can show us a fake break.
I think it can grow up to the ceiling of the descending channel.
#CELOUSDT #CELO #BTCUSDT #BTC #ETHUSDT #DOGE #DOGEUSDT
CELOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for CELOUSDT
In the current chart, you see that R3, R1, and R2 express the resistance areas which the unsuccessful attempts of the price to is obvious. And S1 and S2 are the support areas and even S2 is our long-term support line that includes the support of price since the past. At the moment, we have the price fluctuating below R1 and we believe it will rise to the mentioned line and then by giving us some rising signs, we will predict an increase for it to reach higher amounts such as R2 or R3. If the price is not supported at R1, definitely it will face a decline. Note that wait for some confirmation candles before starting your trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck