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Celo Bullish Bias Confirmed: 144% Easy & 256% PossibleGood morning my fellow trader, here we have a nice chart. Celo produced a very strong bullish breakout today but this is only the beginning, it has more to give. The bottom low was hit in August, same with many other Altcoins. In September, we get a simple higher low, part of the bottom formation process. ➖ The strong bullish breakout today supported by high volume confirms the bottom is in. ➖ The strong bullish breakout today supported by high volume confirms the start of a strong bullish move. The chart drawing depicts clearly what we expect in the coming weeks. Since many Altcoins already moved bullish, the growth for this pair is basically confirmed. It is easy to see additional growth in the coming weeks and months. Thank you for reading. Namaste.
Long
by MasterAnanda
1
✳️ Celo Price Dynamic Analyzed (700%+ Bullish Potential)We will examine the price dynamic on this chart. We already know the classic signals: bullish RSI, trading above EMA10/21/50, higher lows, consolidation, etc. The classic signals are good and valid but this analysis adds another dimension. The market moves in waves; up and down, up and down. After a period of distribution in 2021, CELOBTC enters a bearish wave (down). The bearish wave ends with price action going flat (consolidation). After a bearish wave comes a bullish wave (up). This "up" wave is what is depicted with a green arrow on the chart. 👉 Very easy, first target is set at 138%; this can happen right away. 👉 Still easy but can take longer, the second target is set at 308%. 👉 Finally, can be much higher just as it can be a bit lower; we can aim for 700% or more to end this bullish phase. Namaste.
Long
by MasterAnanda
Celo Trade StudyHere is My Study On CELO. Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions about your investments. Follow me for the latest updates and join the conversation in the comments! Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and information dissemination. Use with caution. This Is Not A Finacial Advise
Long
by MoonTradingForecast
CELO-BTCCoin gives some signs of reversal in pair to BTC. 1D Locally on the daily chart you can see almost formed head and shoulders pattern, but in simple terms, we have a consolidation, where the trading is now, the exit from which may give a point of entry. Since we have a local uptrend, the priority is to go long, at shorts the coin is also traded on some exchanges, but in pairs to the USDT. 12H Potential entry point to go long when the price comes out of consolidation, when it breaks through the 4700 level and confirms support. Stop in that case short behind the breakdown bar, a more conservative stop under the consolidation. Shorting scenarios are not considered in this idea, because this is another story. If you liked this article, please like it and subscribe, so as not to miss anything. Always use STOP, and do not use a leverage higher than x3. A trader must always have tomorrow.
by Kirill_Gaitan
Celo 8 hour bear trap confirmed!CHART OVERVIEW - Celo / BTC (8 hour chat on binance) ANALYSIS - Celo travelled through a long falling wedge after breaking out and currently moving sideways within an ascending triangle. After a fakeout to the downside, spring off of support at 0.000094; Celo is now on track for more upside. CONCLUSSION - The chart shows key resistance levels, first challenge is 0.00011456, clearing that Celo is clear to reach 0.00015; After that the price could easily double based on previous price levels. What do you guys think, Bullish or Bearish? DISCLAIMER - NOT PROFESSIONAL ADVICE
Long
by cmpkpersonal
Celo is a late bloomer, but explosive when ready!CHART OVERVIEW CELO / BTC - WEEKLY CHART A) Fib circles showing price support and resistance points. B) Fib levels with the 1.0 and 1.618 shown in yellow and green respectively ANALYSIS The price is currently hugging the green 0.618 circle. It is showing a strong level of support. CONCLUSSION CELO is volatile but has a lot of potential in my view, it has been in a very long price discovery mode, I would expect it to go a a strong bull run and hit the 1.618 price level at 0.00034391. What do you guys think, is Celo about to pop? *DISCLAIMER: Not professional advice.
Long
by cmpkpersonal
1
Celo is a hidden winner!Hi Guys Fundamental analysis suggests Celo with their smart phone focus for encouraging mass adaption of crypto could be one to watch, right now it has seen some serious gains, gaining over 167.8% compared to bitcoin in the last few days. It has lost some of those gains but I believe we are just at the beginning of what could be an even bigger bullish run. Technical analysis on the CELO/BTC chart suggests we are seeing some serious interest in the form of volume, bullish price surges have been noticeably higher than bearish prices drops in the current parallel channel Celo has been forming, we've retested the upper boundary of the channel 5 times and only twice on the lower boundary. If we break the upper boundary convincingly their are a few resistance points to look out for but the closest strong resistance would be between 0.000197 to 0.000245. These points may be a good point to take profit or convert some of those gains to bitcoin. Of course, depending on your risk management, there are higher resistance points that Celo could reach which would mean even greater gains: 0.00029; 0.00036; 0.00049. As with all alt coins, monitor closely and be prepared for big swings up and down; I think this could be a big winner, I also think that it is very overlooked, which is the best point to buy, when everyone starts talking about it then you're probably close to a topping out, maybe not a full crash but a strong correction. What do you guys think, is this just a brief pump or dump or has this got fundamental value that is just recently being recognized in the chart? I've been keeping an eye on Celo before it's big pump and the fundamentals say to me this run is not over, not by a long shot, would love to hear your comments.. *Disclaimer: Not financial advice, please do your own research before investing.
Long
by cmpkpersonal
Celo is about to breakout! CELO/BTC Daily Chart.I've labelled the specific points that could represent a Wyckoff accumulation patttern. The 5 phases represent: (A) controlling the downtrend to a stop (B) buying and selling to create a trading range in order to accumulate as much as possible (C) testing supply to conclude when accumulation has been maximized (D) transitioning to an uptrend (E) executing the breakout to a successful uptrend What do you guys think would love to hear your comments? DISCLAIMER: Not professional advice, just opinion and should not be used to make investment decisions.
Long
by cmpkpersonal
2
CELOBTC is testing the weekly resistance 🦐CELOBTC is testing the weekly resistance with nice volumes. IF the price will have a breakout and turn the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
8