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.
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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 🦐
CELOUST trade ideas
✴️ 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
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 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
Celo coin formed bullish Gartley for upto 108% rallyHi dear friends, hope you are well, and welcome to the new update on Celo coin with US Dollar pair.
Previously we caught a nice trade of CELO:
Now on a daily time frame, CELO has formed a bullish Gartley pattern.
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
#CELO/USDT - Long - Potential 59.39%#CELO/USDT - Long - Potential 59.39%
Strategy: Long
Exchange: Multi-Exchange
Account: Spot
Entry mode: DCA Limit
Invest: 5%
Exit:
Target 3 : 0.915 67.35%
Target 2 : 0.736 34.61%
Target 1 : 0.626 14.49%
DCA Entries
Entry 1: 0.574 - 25%
Entry 2: 0.553 - 25%
Entry 3: 0.530 - 50%
Current market price: 0.573
Stop: 0.527 (-3.61%)
Technical indicators:
24h Volume: 6461296.3483
Satoshis: 0.573
Nice trendline breakout, DCA levels added as BTC being volatile. Retraced already to future pivot but may retest upper trendline before further upside so be prepared to DCA in.
Account: SPOT
Volume last 24h: 6461296.35 USDT
Celo Price Prediction 2022Celo (CELO) Price Prediction 2022
Celo (CELO) holds the 103rd position on CoinGecko right now. CELO price prediction 2022 is explained below with a daily time frame.
The above chart laid out a descending channel also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market.
Currently, Celo (CELO) is in the range of $0.640. If the pattern continues, the price of CELO might reach the resistance levels of $1.587 and $2.462. If the trend reverses, then the price of CELO may fall to $0.416
Happy Trading
CELO recovering rapidally?CELO has formed Cup and Handle pattern, in which the edge of the handle lies above the support level, which in turn gives a good sign of a PATTERN CONFIRMATION, in the past few days we saw it in a downtrend but even with that it waws strong, so, is it time for LONG CALLs?
NOTE: always DYOW, be cautious to place STOP LOSSes, keep calm and trade your own personality.
Celo coin forming a bullish Shark for upto 29% pumpHi dear friends, hope you are well, and welcome to the new update on Celo coin with US Dollar pair.
Our last successful trade of CELO was below:
Now on a 4-hr time frame, CELO is about to complete a bullish harmonic Shark pattern.
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
