CGLDUSD trade ideas
Falling Wedge on CeloCelo looks like it's in a good position for a good run-up, but this is only the case if bitcoin goes lower. During the recent bitcoin dip, Celo was going off and from this chart, it looks like it has formed a falling wedge. It has held support on the RSI trendline on both the daily and 4-hour charts. All signs showing that this asset may break to the upside. I'm keeping an eye on this for now as this can move in either direction depending on bitcoin.
Celo/Bitcoin strategyCelo is doing opposite of bitcoin since a couple of weeks, let's hope it stays the same for the next days..
Possible bullish continuationThis is what it'd look like if we're very bullish. Maybe if BTC drops today this could happen.
Really hoping bitcoin drops todayHow I see it there are 2 scenarios:
1. Go flat or slightly down and wait to hit resistance line
2. Bitcoin drops and we continue this bullish pump.
head and shoulders? on the 15 min and 30 minutehead and shoulders the top for cgld?
not sure if the neck line is right but i think its playing out either way
a target of $2.50?
celo's break upwards a sign of bitcoins coming break upwards?is this a thing? it seems like a thing... a sign of bitcoins move to come? to the upside? i think this coin is a long term hold at this price
it gets little attention, a sleeper? on binance now
has coinbase building on its block chain
jack dorsey backs it and coinbase and a bunch of others
it is volatile and will crash after pumps
but I've been holding since $1.36
CGLD Bull Flag imminent break outGet ready for another upward move in this one. Target exit around $6-$7 and stop loss at $2.
CGLD - Triangle breakout possibilityIf we break above this triangle it will create a large bull flag that could take us back to the 4's quickly.
CGLD - Reversal pattern - potential breakout to 2.25!CGLD likes to spike up, seemingly out of nowhere - 3 smaller spikes in the last 24 hours hit up to 1.60 (5-6%). It recently shows a W reversal after a long downtrend, and is currently on an uptrend. If it can break above the previous downtrend, we could see a BIG spike to 2.25+
*Just an idea - not financial advice
TP 2.20?I’m seeing momentum build up. IMO, I’d expect a breakout to the next TP of 2.20! Anyone see something different?
CGLD-USD is breaking out. Could see a price run to $5.68 soon.With the alt coin bull run in play could expect CGLD to break upwards to a $5.68
Do not sello your CELO!I was watching this entry point for a while and it wicked down perfectly to my targets. I am not 100% sure of the long exit target and timing, but I am 100% positive that selling right now would be a huge mistake. Let's see what happens.
Long it Looks like they dumped this coin low enough. Expect a move back up into the $2 range minimum. Im holding till 4.50-5.
Can it break out & key resistances to watch for next*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
Lines and more lines....I plan to go long here.
You can see the price grinding up the trendline.
Also, CGLDUSD is respecting the fib like a good boy.
But, my big indicator is the pressure that will happen in that circle I have on the graph there.
What we may see is the price grind up that trend line and huge amounts of pressure build below the white (100 day moving average) and then pop.
Now I say long but if bitcoin goes to crap then that pressure may pop the other way which would make me a sad sad person.
Setting a tight stop here of 2%.
This is not financial advice do not follow it.
This is just my trade on my failure at drawing lines :)...
