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Celo

CELO/USDT upward momentum? 👀 🚀 Celo Today Analysis💎Paradisers, set your sights on CEOUSDT as it showcases a captivating trajectory, currently revisiting its channel support and hinting at a potential bullish surge. 💎Historically, CELO has been consistently tracing a descending channel pattern. At this juncture, it's once again touching the channel's support. Coupled with its position in the demand zone, this bolsters the prospects of a bullish turn. 💎Should the price surpass the channel resistance at .423, we could witness a notable upward momentum, with a high likelihood of re-encountering the bearish OB. 💎 On the flip side, it's crucial to be cautious: if the price dips below the 0.405 support mark, we might see it gravitate towards a deeper support level. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
Long
by MyCryptoParadise
CELO IS BEARISH (1D TF)For CELO, by examining the waves on the chart, a large diamond pattern can be identified. It seems that it has now entered the descending G wave of this diametric. The red zone is a strong supply that can push the price down towards the TPs. In this red area, we are in the middle of sell/short trades. I also specified the invalidation level, closing a daily candle above this level will invalidate 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 You
CRYPTO:CELOUSDShort
by behdark
CELO/USDT is Preparing For a Bullish Momentum💎Yello Paradisers, tune in for a quick rundown on CELOUSDT! The asset has recently made a return to its demand zone and appears primed for an upward swing. 💎 A couple of days back, we pinpointed the 0.536 level as a crucial turning point. So far, the price has been holding steady at this juncture. Yet, given the current market volatility, it's wise to tread carefully. 💎 If the price loses its grip within the demand zone, view this as an optimal chance to take a short position down to the invalidation level. 💎 Stay sharp and trade wisely!
Long
by MyCryptoParadise_Simon
CELOUSD: Neutral right now. Trade the breakouts.CELOUSD hit today the 1D MA200 after rebounding on the 1D MA50, forming the S1 (0.47250), being stranded essentially between the two. The 1D timeframe remains on bullish technical indicators though (RSI = 61. 619, MACD = 0.011, ADX = 41.243), making a bullish breakout above February's Channel Down quite likely. We will wait for that top to break and buy aiming at the R1 (TP = 0.73850). Conversely, if the S1 breaks, we will sell aiming at the S2 (TP = 0.41000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:CELOUSD
by InvestingScope
CELOUSDTHello Crypto Lovers, This is a 1D frame analysis for CELOUSDT As you can see, the price after breaking the white line was able to stabilize and has moved close to the first resistance line. With the bullish close of the previous candle, it is expected that if the first resistance line is broken, it can move towards its second resistance line. However, keep in mind that if it fails to rise above the stabilization line and we see weakness in the trend, there is a possibility of price correction. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
by MarsSignals
COMP, CELOHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (COMPUSDT chart) Looking at the 1M chart, If the price holds above 63.70, a move up to the 111.96 point is likely. Looking at the 1D chart, We need to make sure that it is supported around 63.70-64.95. If it declines, you should check for support near 46.48-56.89. ------------------------------------- (CELOUSDT chart) Looking at the 1M chart, A volume profile section is formed at the 1.469 point. Therefore, it is expected that the full-fledged uptrend will begin only when it rises above 1.469. However, since the HA-Low indicator on the 1M chart is formed at the 0.774 point, buying is possible when it is confirmed that it is supported around 0.774. Looking at the 1D chart, The HA-Low indicator of the 1W chart is formed around 0.536. Therefore, the key is whether it is supported and rises around 0.517-0.536. Once supported and started to rise, 1st: 0.670-0.711 2nd: 0.774 Split selling is possible when resistance is received near the 1st and 2nd above. However, since it is currently within the downtrend channel, there is a possibility that the upside may be limited, so it is necessary to be cautious in trading. (CELOKRW chart) Looking at the 1M chart, Looking at the distribution of trading volume, it is expected that a full-fledged upward trend will begin when it rises above the 1035 point. Looking at the 1D chart, It is located at point 716 of the HA-Low indicator on the 1W chart. Accordingly, the key is whether it can be supported around 716 and rise above 762. If the price holds above 762, it is expected to break out of the downtrend channel. However, since the volume profile section is formed up to the 1035 point, it is expected that the rise will be limited. Accordingly, 1st: 847 2nd: 976-1035 Split selling is possible when resistance is received near the 1st and 2nd above. Below 675 is not an easy area to trade, so we recommend waiting until it rises above 675. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
CELOUSDT: High Probability Trade OpportunityCELO is looking amazing as the price is rejecting a key demand zone. This rejection presents a good starting point for a high probability and good risk/reward trade opportunity. Although the target is conservative, it adds up to the probability. Traders can consider buying CELOUSDT at the current price level and setting a stop loss below the demand zone to manage risk. Alternatively, traders may wait for a pullback towards the demand zone to enter the trade at a lower price point. In conclusion, the technical analysis for CELOUSDT is promising, and traders who take advantage of this opportunity may potentially reap significant profits.
Long
by CryptoPAMM