CELOUSDT is testing the support
Updated
Following 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.
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Follow the Shrimp 🦐
Keep in mind.
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.
Note
Waiting for the breakoutNote
Waiting for the Breakout!!!
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