Celo - Breakout & UptrendDear my friends,
Over the past few days, I have continued to look for coins with strong upside potential in the bull market.
I have seen Celo.
The price of Celo is still in a downtrend. But broke the downtrend since March.
Currently in the weekly frame, the price is in the oversold zone since May.
There was a clear divergence between the price line and the RSI line.
I expect in the near future, the price will touch $0.88 - $1,096 and $2,319
Let's observe!
Always put SL if you want to enter
Thanks very much!
Celo
Celo with lower risk and highest potentialCelo is a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users.
By using phone numbers as public keys, Celo hopes to introduce the world’s billions of smartphone owners, including those without banking access, to transacting in cryptocurrency.
The network also allows for the creation of smart contracts and decentralized applications (DApps) as part of decentralized finance (DeFi). Its mainnet was launched in April 2020.
The platform has two native tokens. CELO is a proof-of-stake (PoS) token used for transaction fees, governance participation and related activities. In future, the platform aims to host various stablecoins, with three, the Celo Dollar (CUSD), the Celo Euro (CEUR) and the Celo Brazilian Real (CREAL) already in use.
Buy Setup
Entry : 0.740 - 0.892
SL : 0.644 - 0.639
TP1 : 0.92
TP2 : 0.96
TP3 : 1.01
TP4 : 1.08
TP5 : 1.18
TP6 : 1.3
TP7 : 1.43
TP8 : 1.57
TP9 : 1.72
TP10 ; 1.92
TP11 : 2.2
TP12 : 2.6
TP13 : 3
TP14 : 3.4
TP15 : 3.8
TP16 : 4.24
You can SPOT or long FUTURE with 1x , 2x , and 3x leverage👌
Keep going and enjoy it😍
Follow me ! Copy my trade💚
Celo with lower risk and highest potentialCelo is a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users.
By using phone numbers as public keys, Celo hopes to introduce the world’s billions of smartphone owners, including those without banking access, to transacting in cryptocurrency.
The network also allows for the creation of smart contracts and decentralized applications (DApps) as part of decentralized finance (DeFi). Its mainnet was launched in April 2020.
The platform has two native tokens. CELO is a proof-of-stake (PoS) token used for transaction fees, governance participation and related activities. In future, the platform aims to host various stablecoins, with three, the Celo Dollar (CUSD), the Celo Euro (CEUR) and the Celo Brazilian Real (CREAL) already in use.
Buy Setup
Entry : 0.740 - 0.892
SL : 0.644 - 0.639
TP1: 0.92
TP2: 0.96
TP3: 1.01
TP4: 1.08
TP5: 1.18
TP6: 1.3
TP7: 1.43
TP8: 1.57
TP9: 1.72
TP10: 1.92
TP11: 2.2
TP12: 2.6
TP13: 3
TP14: 3.4
TP15: 3.8
TP16: 4.24
You can SPOT or long FUTURE with 1x, 2x, and 3x leverage👌
Keep going and enjoy it😍
Follow me! Copy my trade💚
Celo coin formed bullish Shark | A good buy opportunityHi dear friends, hope you are well, and welcome to the new update on the Celo coin with Bitcoin pair.
Previously we had a harmonic trae of CELO:
Now on a 2-hr time frame chart, CELO has formed a bullish 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
CELO/USDT 4HOUR Analyst ✌🐟Hello Dear Member TradingView ⚜
The price is reacting to the last support zone of $0.7 drawn in this currency, it has hit this green zone several times which has pushed the price higher.
If it is supported in this green area and the upward movement of the price leads to the breaking of the red trend line at the level of $0.8, it has the ability to realize the targets of $0.85 and $0.875.
Otherwise, wait for the update of this cryptocurrency when the last support area is lost.
Arztoday ☸
CELO - Stoploss hunt happened. Time for shortReasons to take short:
⭐️ BTC at full ATR
⭐️ We had stoploss hunt
⭐️ Volume at top
⭐️ 3rd touch
⭐️ 135 ATR
⭐️ Far from VWAP
Setup will be invalidated if we will be moving to the top.
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
Cello/USDT AnalysisHello traders.
1. Weekly chart
Stochastic RSI pointing up.
The price has reached the 1.68 target of the projection and also the diagonal Fibo channel, a well-known target.
2. Daily chart
I plotted two possible scenarios, an optimist with a green arrow and a pessimist with a red arrow.
The price apparently corrected on the 50% retracement:
The correction also respected the Arnaud Legoux moving average of 89:
And it stayed above the exponential moving averages of 8 and 21:
Analyzing 21-period Bollinger Bands, with regularized exponential mean and Extreme Stochastic DMI:
The price tried to stay above the average for 3 times as per the red circles.
It's testing again, to see if it goes back down to the green circle.
The Extreme Stochastic DMI indicates bullish continuation pointing up.
3. 4-hour chart
Price appears to be undefined in the range between the 200 exponential and simple moving averages
The price needs to stay above 1,272 Fibo channel, otherwise it will test the next level at 1,382.
CELOUSDT on a double bottom 🦐The price has tested perfectly twice the support area at the recent low.
Being the double bottom an inversion pattern i will look for a slightly higher retracement remaining bearish anyway the gersal market outlook.
How can i approach this scenario?
I will wait for the EU market open and look for a break of the resistance, in that case i will move on the 4h timeframe to look for a nice long order according to the Plancron's strategy rules.
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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 -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
CELO-BTCCoin gives some signs of reversal in pair to BTC.
1D
Locally on the daily chart you can see almost formed head and shoulders pattern, but in simple terms, we have a consolidation, where the trading is now, the exit from which may give a point of entry. Since we have a local uptrend, the priority is to go long, at shorts the coin is also traded on some exchanges, but in pairs to the USDT.
12H
Potential entry point to go long when the price comes out of consolidation, when it breaks through the 4700 level and confirms support. Stop in that case short behind the breakdown bar, a more conservative stop under the consolidation. Shorting scenarios are not considered in this idea, because this is another story.
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Always use STOP, and do not use a leverage higher than x3.
A trader must always have tomorrow.
CELO long idea LTF 15 minute chartThis is a long idea for CELO on a lower time frame, more immediate trade setup.
Sorry for the mess with so many lines but I love it when the fibonacci levels line up nicely with historical price action and vice versa of particular importance here Id say is magging fib for the leg down we see, I can see price travelling back to the 0.5 and 0.618 lines quite comfortably (targets beyond that would need to be managed sensibly, maybe with trailing stop losses.
So yes, the first option would be to long here, with stops below the swing low here. The horizontal resistance is of most importance, but I drew on the diagonal (almost like a neckline) because I thought it was interesting that it was there, and also that the diagonal resistance is going to possibly be where the horizontal resistance aligns when price action crosses, gettting a double whammy.
The second option for a long and stops here is to wait patiently for the break and then to simply long the restest of the horizontal resistance as support.
CELO macro long ideaHeres a quick swing trade long idea for CELO
I noticed there this is a huge gap to the upside that could potentially be filled; up to the recent swing/lower high that has prevailed ~1.19.
Treating price action here as a swing low (higher from the local bottom), we could have our stops just below. Price targets overhead.
CELO Analysis #TheCryptoCityCELO Analysis
This is my idea. I have tried my best to bring the best possible outcome to this chart, Do not consider it FINANCIAL ADVICE.
So let's see how the market reacts in the coming days.
This chart is likely to help you in making better trade decisions
I am not a market maker I could be wrong.
Everything is on the chart.
Everything Depends On BTC Movement
Thank you
Celo - Clean level breakdown with historical minimums follow-upReasons to take short
⭐️ We are in a bear trend
⭐️ Trendline is clear
⭐️ Level is 16 days old
⭐️ Volume at top
⭐️ Pullbacks are getting smaller
⭐️ 7th touch
⭐️ 32 ATR
Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
CELOUSDT TREND LINE Nice to meet you, everyone
I'm an alt trader
I'm analyzing and recommending things that are similar to my personality among many alt coins
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All the upward trends were broken and renewed after breaking the lows. It's never a safe coin, so you can't sell it. Stable trading can only be carried out if it rises above the orange thick upward trend. Currently, the red upward trend will be broken and supported by the blue downward trend.