Celo
celo ccld usd bull flag?rising channel with bull flag at the top? target of 6.70 or so
break out from all time high with volume
bitboy crypto and the rest of the world starting to notice this coin
lots of big name money backers
a real use case
a new coin under the radar reddit has only about 1500 followers
bullish fundamentals and chart
im holding for a while maybe trade half my position
CELOUSD (CELO) - UPTREND CONTINUATION ANALYSIS 🔎
- CELOUSD brokeout above the bullish flag resistance and hit an ATH.
- The market is currently undergoing retracement.
- Price is testing the flip horizontal support, 0.618 fibonacci retracement level and ascending trendline support.
- The retracement is resisted by the descending trendline resistance.
- There's an uptrend continuation possibility.
BUY ENTRY ⬆️
- Aggressive entry (risky) : market price (now).
- Conservative entry : breakout above the descending trendline resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- ATH (all-time high) resistance.
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support and 0.786 fibonacci retracement level.
CELO Coin heading for it's ATH soon? Following its recent increments and breakouts after consolidation, each time the period between has increased in frequency and become shorter. Holding closer to its peak.
CELO is due to launch its EURO stablecoin for it's network in March. It is a network that is aiming to enables crypto payments to and from mobile numbers instead of long addresses and wallet set ups, a bridge between the current crypto wallet and a more user friendly process.
The price has already increased dramatically in the last month, could it be coming to a head Similar to how NU (Nycypher) did in a similar fashion?
🆓Celo/USDT Analysis (29/1) #CELO $CELOCash flow has been pouring into CELO quite strongly since the beginning of 2021 and CELO is almost ready for a new rally as it continuously keeps its price when approaching the moving average line MA50.
We can expect a strong pump like the beginning of the year
📈BUY
-Buy: 2.8-2.9$. SL B
📉SELL
-Sell: 3.3-3.4$. SL A
-Sell: 3.6-3.7$. SL A
-Sell: 4.4-4.6$. SL A
-Sell: 5.0-5.2$. SL A
♻️BACK-UP
-Sell: 2.8-2.9$ if B. SL A
-Buy: 2.4-2.5$. SL B
❓Details
Condition A : "If 4H candle closes ABOVE this zone"
Condition B : "If 4H candle closes BELOW this zone"
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