CELOUSDT one of the best choices right nowCELO looks like the best or safest buying opportunity right now. Unlike many coins, CELO held the trendline and respected the demand zone.
CELOUSDT trade ideas
RLinda ! CELOUSDT-> Adam and Eve give the coin a chance CELOUSDT rests on the local bottom and forms a set-up foreshadowing a trend reversal. A breakout of basic resistance will activate the set-up, and a retest will find an ideal entry point.
Adam and Eve is a bullish reversal pattern that usually forms at the bottom of a downtrend and signals a potential reversal in the price of an asset.
This pattern is considered a more reliable reversal signal when it occurs after a prolonged downtrend, as it indicates that seller pressure is exhausted and buyers can begin to regain control.
Additional bullish signals for a possible upside breakout are forming at the moment: moving averages crossing, formation of a pre-break consolidation, and renewal of local highs.
I assume the bulls will try to hold the support zone near the level of 0.781, the price will again push back and continue to test the resistance for a breakout. I expect breakdown and achievement of the medium-term objectives - resistance 1.200 and also 1.490.
Regards R.Linda!
CELO USDTCELO USDT buy/long idea
potential bullish shark + SMC
entry zone 0.477-0.48
stop loss 0.439
targets 0.595, 0.668, 0.977
CELO Cup & Handle ☕Celo is forming Cup & Handle pattern and seems to be ready to break the neckline. If it really does then there would be a chance for run to 1.385 and even higher. Have set BUY STOP-LIMIT order @ 0.892 to catch the potential breakout which is agressive approach but that's just me. One can rather wait for break confirmation and buy the potential pullback to the neckline (backtest). S/R zones along the way: 0.98-0.99 and 1.16-1.20. Wise idea to secure some profit at the higher zone (TARGET1) and let the rest run to the C&H projection (TARGET2). There is also legacy uptrendline (orange) which could act as resistance and then flip to support.
ENTRY : local high @ 0.892
STOPLOSS (SL) : local low @ 0.682
TARGETS (TP) : TARGET1 - resistance @ 1.155 | TARGET2 - Cup & Handle measured move @ 1.385
REWARD RISK RATIO (RRR) : TARGET1 - 1.4 | TARGET2 - 2.65
INVALIDATION : when SL level hit
This thesis is supported by the idea down below and if BTC is really going to 27500 we should see nice pumps on alts as well.
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
CELO : THE GOLDEN BREAKOUT COINThere are some trends on this coin that allow it to show interesting views for the breakout in the coming time.
When we check a breakout coin we depend our views not on the price actions, but on the structure that is building on the coin and the trends that the coin can do depending on the technical side.
The coin can be a follow for days, since it shows this interesting view we will follow it coming time to see if it's able to show the golden breakout of $1.34
we expect that there will be a moment that this coin is able to show a breakout.
CELO : INCREASE VIEWThe last study view shows that CELO is in an uptrend
We will follow CELO and see if it's able to confirm above the 1 USD zone.
The main market is still on the breakdown on the BTC side.
Until now there is no bull market confirmed on BTC since BTC is still not able to confirm the 24K
CELO longCELO bounced off the lower boundary of ascending channel. Bullish movement to resistance level at 0.845 is possible.
$CELOon my watchlist to break above range would flip 200 ema IF it does then should shoot up to the demand area above
stoch about to bottom , lets hope dixie does not mess things up for us ...
CELOUSDT is testing the supportFollowing positive news about CELO and OPERA browser, the price has tested the daily support after a clear breakout inside the ascending channel. Currently, the price is approaching a key level at 0.82$ where a static resistance exists on the 4-hour chart.
This level presents an important test for the asset's bullish trend. As traders, we will be closely monitoring the situation and waiting for a potential breakout from this key level. Should the breakout occur, we will apply Plancton's Rules to determine the next trading opportunity.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
✴️ CELO Looks Bullish vs USDT | $3.333 Next TargetTwo major bullish milestones reached on this chart, CELOUSDT.
(1) Recovery above the June 2022 major low.
(2) Break and close above MA200 (black line).
Today's trading volume is also higher than average and overall buy volume (green bars) are predominant on this chart.
We are mapping the main target at $3.333 but there is resistance along the way.
First target is $1.111 followed by $1.533.
Finally, before reaching $3.333, $2.222 needs to be broken.
It should be entertaining to to see the whole process develop.
It should be profitable if you are holding this altcoin.
Namaste.
$CELO/#USDT [#Celo]: BBand_Breakout Hey traders, we've identified a Bollinger Band breakout on the $CELO / $USDT chart. The price has moved outside of the upper Bollinger Band, which can indicate a potential bullish trend. The next resistance key levels are at 0.857 | 0.927 | 1.095 and the major support zones are respectively at 0.689 | 0.591 | 0.423. We may consider buying at the current price zone 0.802 and targetting higher levels.
Technical Metrics :
Current price: 0.802
24H Volume: 2,942,664.0223 ₮
24H Price change: 2.821%
- Pivot Points - Levels :
Resistance: 0.857 | 0.927 | 1.095
Support: 0.689 | 0.591 | 0.423
Indicators recommandation :
Oscillators: SELL
Moving Averages: STRONG_BUY
Technical Indicators Summary : BUY
- In-depth CELOUSDT technical analysis on > Tradingview TA page
CELO longCELO bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 0.825 is expected to happen.
CELOUSDT | BREAKOUT AHEADCELO has been trading in a bearish trend fully respected by falling trend line .
The price has broken above the falling resistance .
Now the price is trading near the horizontal resistance.
The same zone is also a breakout zone.
The bulls will only get complete control once it break above the level.
While bears will get control below the rising support.
Manage your trades accordingly.
CELO/USDT.
BitVero Crypto Academy.
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
CELOUSDTHola !! this one is only for me . big data show btc in bull . this one retrace to good fib now it has to end it the where i mark.good money
Celo coin formed bullish BAT for upto 26% pumpHi dear friends, hope you are well, and welcome to the new update on Celo coin with US Dollar pair.
Recently we caught more than 70% pump of Celo as below:
Now on a 4-hr time frame, CELO has formed a bullish BAT move for another expected pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Might get above its H4 cloudMight get above its H4 cloud.
The chikou span still has to get above it.
CELO longCELO bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 0.785 is expected to happen.
