CELOUST trade ideas
Track whether CELO breaks the downward channel.The following content is machine translation:
This way down, it will fall back when it hits the downtrend line.
There were touches yesterday and today, but the decline was not obvious.
The macd indicator is about to be a golden cross. If the golden cross is refused to break through the downward channel, it will fail.
The resistance level is near the downtrend line.
Short-term support near 3.25.
This position can be short-term long and short.
Do more to break through the downtrend channel.
Short-selling can begin immediately by breaking through the stop loss of the descending channel.
CELOUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 8 - 11 - 14
after first target reached move ur stop to breakeven
stop: w/o stop (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 6
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.
#CELOUSDT (Watchlist) 11/21What is Celo?
Celo describes itself as an open platform that makes financial tools accessible to anyone with a mobile phone. The Celo Platform is decentralized, programmable, and customizable. It aims to enable a robust ecosystem of organizations, validators, and developers, to build an open financial system that helps their communities grow and prosper.
#CELO maybe worth it to add this coin to your Watchlist. 👀
(Share it with your friends)
Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R)
add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!!
Ps:
we avoid trading any coin if the entire project for it is based on gambling, prostitution, human trafficking, borrowing, and lending, etc.
This is not financial advice, The purpose of these Charts is to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to make your own research and follow risk management.
The Cryptocurrency market is very volatile and involves gains and losses, so know very well what you are heading towards before engaging in it.
The information we mentioned here is a personal effort so it subject to success or failure.
Good luck to All.
🙏we ask Allah reconcile and repay🙏
CELOUSDT confirming Gartley Pattern.As you observe on the chart, after confirming on the pattern by a really good approximation, we expecting a major bullish movement from CELOUSDT. We expecting 2 major resistance in the way: first at the (7.9$ : 8.3$) and the other one would be around the ATH resistance which is about (11$ : 12$). It could take about 2-8 weeks, Extremely bullish to me, it could be a best opportunity to buy at the DIP.
🆓Celo (CELO) Nov-15 #CELO $CELOCELO has a strong support at $5.5 and it can increase sharply in the near future from this zone to $6.5, $7.50, $9 and $11. But if it loses 5.5$ zone, we can buy it back at 4.5$
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 5.5$ zone
🔴Buy : 5.5
🔴Sell : 6.5 - 7.5 - 9 - 11
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 5.5$ zone
🔵Sell : 5.5
🔵Buy : 4.5
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
CELO from 11/11From the small correction way of BTC, The expected pattern was not kept, so I get another prediction for this token. My desired target still will be high, I just hope it can be appear before the main correction from BTC after getting the new ATH (70K-80K).
This period is so sensitive, we have to be careful to check the on-chain data every time to make the decision. (NFA)
CELO - Symmetrical Triangle Breakout- Upward momentum may break the triangle pattern and cause continued upward pressure
- RSI moving above 20 && last day or two of price rising causing some expansion of the Bollinger bands = signs of short term upward movement
There is not much room for the triangle pattern to continue so if this short term trend continues and bullish sentiment in crypto overall continues there is potential for Celo price to jump higher.
CELO with a new reversal?A coin that seems to move in silence. Not a lot of attention. Focus on world adoption of crypto, low cost defi with lots of collaborations and investments. Celo has what it takes to be a major player in the game.
Skipping fundamentals for a bit, let's look at the technicals. Looking at the 4 hour chart, Celo has been moving steadily upwards with some pumps on news in between. Major pushdowns on the pumps but two doji stars on the last ones with successful bullish trends. Once again Celo is on the lower levels ready to take off. Should the reversal succeed, we could be looking at another pump to a new high outside the trend lines. From here we can expect a new pushdown before a real retest on the ATH, maybe as soon as the end of this year.
Entry levels anywhere between 6.20-6.75 seems like a good level.
First TP at 8.5-9.0 after that a quick pushdown before another take on ATH.
Price target 11 at the end of the year.
Not the most exciting coins for quick gains, but it has been bubbling for a while now and a push for ATH could come any minute now.
Happy to hear your thoughts! What do you think?