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!
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!
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NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
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🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
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