Celo
CELO - the buy level for the investmentHello, everyone!
The new heading - where is the bottom for altcoins! Let's get started with the CELO coin.
The Fibonacci retracement for the last downside impulse was corrected exactly to the 0.61 Fib. In this case the final downside target is the Zone 27 $1.83 - $2.25. There will be very nice accumulation zone to enter the position.
Good luck!
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
CELOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price has broken our S1 line and we are Short on CELO. However, if the price breaks the R1 line our scenario would have failed. The S1 line has not been able to support the price during the previous candles. It seems that the price is retesting the broken S1 line. If it stays below the R1 line then you can enter Short.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
MY MINIMALIST CHART ANALYSIS CELO (CGLD)
$CELO
12.24..21
0759H +8 SINGAPORE
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
ALERT:
Trading what looks like a possible BULL TRAP on a Daily.
Looking for a good ENTRY in which the market has contracted significantly and RSI reaches Oversold.
VITAL SIGNS: RSI, STOCH, MA VOLUME, and VOLUME are all looking good.
The Market had amazingly moved along the TOPS and BOTTOMS of our BOXES, signifying TURNING POINTS of PRICE ACTION, and verified by major FIB levels.
Hoping that this MINIMALIST BOX CHART ANALYSIS will efficiently help you with your DYOR as we climb a NEW SWING CYCLE.
Happy Trading Everyone!
INSTRUCTIONS: HOW TO USE THIS MINIMALIST CHART
"FOLLOW THE WHITE RABBIT!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE where the MARKET will take you.
Created on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
It is designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
TARGET ZONE IDENTIFICATION
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)
At times I include WAY BEYOND PARABOLIC Price TARGETS depending on The Character of the Market (CRYPTOS ONLY).
DYOR for your Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, especially institutional and retailer trading psychology.
NOTE: That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time, depending on the dynamics of the market.
Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Much thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.
Vive Le Autist!
Vive Le Diamond Hands!
CELO, it's worth waiting for clear preconditions. CELO is in a big value area. It is worth highlighting that the price has broken the trend line and tested it as support. This is a good signal. At the moment the price is in the middle of this range and there are no clear prerequisites to open a position.
In case of a squeeze and breakout of the key level, there could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Mixed signals on CELOOn the positive side, CELO has broken the Trend Resistance and the 4-hour chart (not shown) suggests we may bounce off the new support line. That bullishness, however, should be tempered with the Daily chart which suggests Buyer Exhaustion is on the horizon. In addition, I'm seeing negative pressure that could signal a sharp downward move. The chart is too risky for me, I need to see some Daily bullish signals before considering a long.
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly.
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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
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.
#CELO Needs to close daily above 5.28#CELO in its #USDT pair broke out static resistance in area of 5.26 and we need to wait for good entry after confirmation
If #CELO close daily above the resistance level (Red area) it can pump more than 15%
Good Entry after Success break out : 5.4
Stop loss : 4.96
CELO Volume & price climbing looking for ~5x from current range!CELO/CGLD alone is the only one of 6 digital assets promoted as top in class regarding decentralization, scalability & energy cost, by the World Economic Forum to have a total supply Market cap below $10B. The price target of ~$28 would place CELO with a Market Cap just shy of $9B. This would place it in the lower value end of it's fellow WEF tokens, ADA ($66B), XRP ($42B), SOL ($40B), ALGO ($9B), & XLM ($7B). At just a measly $1.75B, it's clear that the new kid on the block has plenty of room for realistic growth over the coming months. Despite limited chart data, there is a clear trend of 'higher highs, higher lows' over the course of CGLD's first year of trading on Coinbase, which are only missing the first 6-7 weeks of CELO's trade data.
The asset has shown resilience, but not gone parabolic like all it's peers thus far in the market. This technicality helps lend to the probability that "it's time will come." Analysis of CELO from every angle I've been able to formulate over the last few months just continues to lend to this asset's EXPLOSIVE "medium-term" (3-6 month) potential! Watch the volume! As long as it keeps growing, price growth will continue to come naturally. Once price starts rocketing, in spite of FALLING volume, that's when you know it's time to get out lads..
Not financial advice of course. Maybe the US will shut down CB & collapse most of CELO's volume. lol....
CELOUSD Repeating Structure / MA It can be seen on this chart that the moving averages (especially the 50 and 100MA (death-crosses) more evident) are following repeating moves while the 200MA moves steadily higher
We can use this information to predict the price action within the channel placed
I expect a small move upwards to the top of the channel and then rejection back to the bottom of the channel
Diagonal lines can be drawn to display this repeating action
If a repeat does not occur and a move upwards above the channel occurs, price may breakout a lot higher.
🆓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