Celo
CELO inverted H&SCelo is forming Inverted Head and Shoulders 🤷. If price breaks the Neckline 3.752 I think there is chance for run to 5.45 and even higher.
ENTRY : local high @ 3.8
STOPLOSS (SL) : Right Shoulder @ 2.77
TARGET (TP) : Inverted H&S target projection @ 5.45
REWARD RISK RATIO (RRR) : 1.6
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
CELO I think CELO is going to $12 at least ( long/mid term)
after hits wave 5 might see a correction at least 10-20% then will see a huge pump
peace :)
CELO / USDTAs you can see in the chart CELO in Daily time frame it was in this pattern and it could break it and retest it
Since I do trading based on patterns and for short term just use my analysis for short term
IN my opinion if we can break 5.6 the Fibo we can move higher
This is not financial advice USE STOP LOSS
Celo Price Analysis — April 6CELO resumed a bearish momentum on Wednesday, as the cryptocurrency erased most of the gains it accrued in April.
The payments cryptocurrency fell below the $4.000 psychological level a few hours ago, after a sharp rejection from the $5.218 peak, its highest point since January 14. In a way, this correction was a much-needed one following the 62% parabolic rally recorded between April 1 and 3.
That said, I foresee a bearish slowdown at the $3.850 figure as trading conditions enter oversold territories on the 4-hour stochastic indicator. As such, we should see a return to the $4.000 psychological level in the coming hours, followed by a drawn-out consolidation around that line and an eventual rebound over the coming days.
Meanwhile, my resistance levels are at $.4.000, $4.500, and $5.000, and my support levels are at $3.500, $3.000, and $2,500.
Total Market Capitalization: $2.01 trillion
Celo Market Capitalization: $1.6 billion
Celo Dominance: 0.08%
Market Rank: #64
CELOUSD The most structured Channel Up in the marketCelo (CELOUSD) has seen a very strong rise since the start of the month that resulted in breaking above the 1D MA200 (orang trend-line) for the first time since January 17. The wider pattern of roughly the last two years has been a Channel Up, with highly structured Higher Highs (tops/ red arrows) and Higher Lows (bottoms/ green arrows).
In fact the past two 1D MA200 crosses following a Channel Up Higher Low, have been the final signal for the rally towards the new Higher High. That is technically around the 1.236 Fibonacci extension in relation to the previous top. Similarly the Higher Lows are around the 0.236 Fibonacci retracement level. At the moment the 1.236 Fib ext on the current wave is around $16.68 but if you are long on Celo it might be safer to start taking profits as soon as the price hits the Higher Highs trend-line of the Channel Up.
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Great Long For CELOHi guys
CELO just Ended the (F) leg in 4th of March (Triangle)
So We better Long it for (G) Wave
If you want us to talk more about (G) wave
(G)s are Really Fast and Strong Most of the times
Did you notice the Celo Nowadays?
It got really strong vs BTC in these last days
Note that: There are 2 Scenarios for G Wave
1st: TP is Above $7.7 - in this Scenario we Except G to have sharp moves and fill the Triangle(in F Wave)
2nd: We Expect CELO to Break the Resistance and Reach +$30 within 120 Days
You know about Celo's Goals for 2025, Right? :)
So this is why i can say 2nd Scenario is more likely
I was waiting for this Moment for almost 6 Months
Lets see What is Gonna happen to CELO
CELOUSDT_Daily 4.5.2022Hello Friends...
The new analys...
analysis of CELOUSDT..
You can see the chart I marked the important areas
And I also specified two price targets...
👤@Mohamadhjz
📅 04.05.2022
⚠️(DYOR)
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CELO is demonstrating an integrating bullish patternCELO price action is reflecting the higher-lows formation near below the crucial $3.20 resistance level.
The CELO bulls are well maintaining the coins price above the 20 and 50-day moving averages in terms of the daily price chart.
CELO holders are holding the price well above the 20 and 50-day EMAs on the daily price chart. Above the critical resistance area, the remaining 100 and 200-EMAs are likely to influence the directional trend.
Stoch RSI is seeing an overbought phase on the daily price chart. Recently, the moving line gave a bullish crossover and again continued to move towards the 100-level.
The Average directional index is appearing higher at 28-mark, reflecting the bullish momentum for the CELO coin.
The bulls need to push the price of the CELO token above the nearest resistance area of $3.20. On the other hand, if the bulls fail to manage the price above the previous swing low of $2.77, the bulls may again look for selling opportunities.
Support level- $2.80 and $2.0
Resistance level- $3.20 and $4.4
CELO, PUMP after a HUGE accumulation?After a false level breakout and liquidity collection, Celo now continues to rise.
A break up from such a huge accumulation zone could lead the price to a big PUMP.
The target for the global move is $4.7-5. Here is the nearest value zone and the psychological $5 level. At this price, most traders will close their positions and the price can pull back temporarily.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trad