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CELO / UST

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CELOUST trade ideas

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).
Long
by Chibuike_Odoh
1
CELO/USDT Move incomingCelo has broken back into the rising channel after a solid pump. Within the next 4-8hrs a trend for celo will be established. If the bottom trend line of the channel holds it will prove to be a good entry area. If the price drops and closes below the bottom trend line then we could see further side ways action. A good entry to accumulate celo is the .5 fib level since it has proven to be strong support. If price falls below that, then celo will be in a short term bearish trend
by drozizi
4
CELO Market Cap Reaches $1B, Also Framed An ATH Of $7.24CELO coin price traded at $5.97 with a gain of 32% in the last 24-hour and 35.31% up in the weekly time frame. Furthermore, CELO bounced from the support of $3.85. In contrast, the market capitalization stands at $1.22 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above all the EMA. RSI index showcases a downward slope. Moreover, the price movement can be towards the resistance of $7.26 in future trading sessions. Resistance: $7.26 Support: $3.85
Long
by tcr_thecoinrepublic
Deutsche Telekom invests in CeloIs it too late to invest in Celo ? Deutsche Telekom has invested in Celo, a blockchain payments platform that allows mobile phone access to “decentralised finance” projects that allow users to bypass traditional financial firms, the company said on Tuesday. It did not disclose the size of the investment. Deutsche Telekom has also bought an unspecific amount of the Celo digital token used on the platform, it said, following major firms such as Tesla Inc to hold cryptocurrency in their coffers. we are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Long
by CryptoTrend-Alerts
CELO Broke a flag pattern What now? 👓Hello Traders. I hope you are having successful trades. Today I want to talk about CELO. Here in 4H timeframe as you can see, price has managed to break out of a flag pattern and I expect it to grow from here. 1st target is 5$ which is a static resistance and also a psychological resistance and the 2nd target is around 6.3$ which is obtained from flag pattern rules. Once price breaks out of the flag, it can grow the same as the first leg or the base of the flag. Stop loss is shown in the chart. 🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades. 🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders. If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis. Thank you guys for reading my idea on CELO and don`t forget to comment what you think. ✌
Long
by Existansilon
Great trade🔥Hurray, wolves🔥 There is our lovely formation Symmetrical triangle on CELO/USDT. There was a strong bullish sentiment before the price entered into consolidation. Then price has drawn symmetrical triangle formation oh 1h frame. According to Elliott Waves theory Wave D was done and then price broke resistance level after a small correction. We are expecting the growth of the price. So follow the chart and look for the best price to enter carefully. _____________________________________________________ If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".
Long
by Berzerk_invest