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Celo

CELO price is now on the verge of a foul #CELO price is now on the verge of a foul But it is being stubbornly held and pushed upward with a “saw”, so there is a chance that it will be pushed to $0.95-1 or even $1.20-1.28 in this wave of growth However, when making trading decisions, you should take into account the fact that the safe buy zone for OKX:CELOUSDT is in the range of $0.47-0.57 Sooner or later, the price will fall there again _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
1
CELO Daily Time FrameCELO is currently in a bearish trend and has been moving within a descending channel for approximately 141 days. The chart clearly shows the price making lower highs and lower lows, respecting the boundaries of this channel. At the moment, the price is positioned near a critical juncture where it could potentially break out of this descending channel, signaling a reversal. For a bullish move to occur, CELO must break above the channel’s upper boundary. This resistance has acted as a barrier to the price, preventing any significant upward movement. On the other hand, if the price fails to break this resistance and continues downward, it is likely to test the lower support of the descending channel. Traders should monitor the price action closely, especially looking for a breakout above the descending channel, which would be a strong indicator of a potential bullish reversal. An increase in trading volume would provide further confirmation of this move. Everything is on the chart.
by TheCryptoCity
#CELO Technical Analysis in 3-Day TimeframeHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: CELO is in a downtrend and is currently holding the support level at 0.4674. The rebound shows a positive move for CELO, but to confirm the bullish trend, CELO must break out and close above the 50 EMA in the 3-day timeframe. Key Observations: - Primary Support: $0.4674. - Lower Support: $0.3480. - Primary Resistance: $0.730. - Initial Target: $2.302. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
CELOUSDT.1DThe daily chart for Celo (CELO/USDT) displays a price structure that is forming a descending triangle pattern, which is often interpreted as bearish. The price is consolidating, with resistance (R1) at $1.1449 and a flat support level (S1) that seems to have been tested multiple times. The price at the moment of the chart was $0.8488, and if the price breaks below the support level, it could signal further downward momentum. The resistance line, currently at $1.1449, is the level to watch for a potential bullish reversal if the price were to break through. The RSI is leaning towards the lower half at 43.25, suggesting that there might be more room for downward movement. The ADL line is relatively flat, suggesting that there is not a clear trend in terms of accumulation or distribution. Traders might look for a break below S1 as a confirmation of the continuation of the bearish trend, possibly with a target set near the previous lows or lower. If the price breaks above the resistance line, it could invalidate the bearish pattern and suggest a potential change in trend, where R2 would be the next target. As with any pattern, confirmation with increased volume on the breakout would provide additional
by MarsSignals
Celo (cgldusd) Weekly chart indicates the double bottom breakout. . .has been validated. Now jsut waiting for price action to head to the full double bottom breakout target. In the current price zone, a mild correction before reaching the full target wouldn’t surprise me. In doing so it would help it create an inverse head and shoulders for its follow up bull pattern. Also a chance it just skips the correction and heads straight to the full target first. Either way I expect the target to be hit. *not financial advice*
COINBASE:CGLDUSD
by DrDovetail
CELO/USDT Gearing up for a Bounce Back From the Bullish OB 👀🚀💎Paradisers, let's focus on the recent market dynamics surrounding #CELOUSDT. 💎Right now, #Celo is bouncing from the Bullish OB area, which suggests positive momentum in the market. There's a good chance for the asset to challenge the resistance trendline overhead, hinting at a potentially strong upward move. 💎If #CELO manages to break through this resistance, it could signal a continuation of its upward trajectory, with the potential to reach our target resistance zone. 💎However, if SEED_DONKEYDAN_MARKET_CAP:CELO doesn't manage to break out and gets rejected by the resistance, it could trigger a downward turn, possibly retesting the Demand area to rebuild momentum. 💎It's crucial for #CELO to rebound from the Demand Area. A breakdown below this point could lead to further declines, dragging Celo towards lower support zones or deeper into bearish territory. Keeping a close watch on how CELO behaves at these key levels is essential.
Long
by MyCryptoParadise_Simon
2
CELO ANALYSIS (1D)After completing the diametric, CELO has entered a bullish wave that looks like an ABC or complex pattern. Wave A of this bullish wave is over and we are now in wave B. There should be another bullish C wave. The green range is a suitable range for sell/short positions. The main targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank Yo
by behdark
Breakout for CELO: Price Eyes $1.56 After First Hurdle ClearedA bullish breakout pattern on the 4-hour timeframe. This crescent-shaped breakout, also known as an ascending crescent pattern, indicates a potential price surge in the coming days. The token successfully breached a resistance level of $1.15, signaling a positive shift in momentum. The immediate target after this breakout sits at $1.38, which CELO has already reached. Closely watching the price action at this first resistance point. If CELOUSDT can decisively break above $1.38, further gains could propel the price towards $1.56. Conversely, a pullback from this resistance level could see the price retrace back down to the range of $1.23 to $1.15.
by Z4F4R
1