Get started

Celo

CELO - Thumbs Up 👍🏽We like our charts close to support and far from resistance. Celo is right now one of our favorite charts, despite the good profits of last week. CARE USA, a leading humanitarian organization fighting global poverty, today announced that it has selected Celo , an open-source blockchain ecosystem focused on making decentralized financial (DeFi) systems and tools accessible to anyone with a smartphone, to leverage the benefits of blockchain technology for the first time in its program in Latin America. Recent integrations seem to have given Celo’s price a boost. First, QuickNode, a building infrastructure to support the future of Web3 recently announced support for Celo. Second, Celo announced its partnership with DuniaPay, a full-service digital banking app, to ease financial services for residents in West Africa. Earlier in August, CARE USA, a leading humanitarian organization fighting global poverty chose Celo as one of its First Blockchain Partners in Latin America. Other technical analysts tend to agree with my view here Let's play some Celo tunes again, the FXPROFESSOR
Long
by FX_Professor
5
CELO - simple patternsIt appears there is potential for a continuation of this descending triangle pattern happening (in the crypto market in general and with CELO). CELO specifically seems to have a clear pattern regarding the EFI and RSI as highlighted. If there is an uptrend I am guessing it will be only for a few candles which would be common for CELO, allow for the descending triangle to complete its pattern, and makes sense as it feels like there is a lot of uncertainty about the short term for crypto.
Long
by jsobusername
Celo is a hidden winner!Hi Guys Fundamental analysis suggests Celo with their smart phone focus for encouraging mass adaption of crypto could be one to watch, right now it has seen some serious gains, gaining over 167.8% compared to bitcoin in the last few days. It has lost some of those gains but I believe we are just at the beginning of what could be an even bigger bullish run. Technical analysis on the CELO/BTC chart suggests we are seeing some serious interest in the form of volume, bullish price surges have been noticeably higher than bearish prices drops in the current parallel channel Celo has been forming, we've retested the upper boundary of the channel 5 times and only twice on the lower boundary. If we break the upper boundary convincingly their are a few resistance points to look out for but the closest strong resistance would be between 0.000197 to 0.000245. These points may be a good point to take profit or convert some of those gains to bitcoin. Of course, depending on your risk management, there are higher resistance points that Celo could reach which would mean even greater gains: 0.00029; 0.00036; 0.00049. As with all alt coins, monitor closely and be prepared for big swings up and down; I think this could be a big winner, I also think that it is very overlooked, which is the best point to buy, when everyone starts talking about it then you're probably close to a topping out, maybe not a full crash but a strong correction. What do you guys think, is this just a brief pump or dump or has this got fundamental value that is just recently being recognized in the chart? I've been keeping an eye on Celo before it's big pump and the fundamentals say to me this run is not over, not by a long shot, would love to hear your comments.. *Disclaimer: Not financial advice, please do your own research before investing.
Long
by cmpkpersonal
Celo is about to breakout! CELO/BTC Daily Chart.I've labelled the specific points that could represent a Wyckoff accumulation patttern. The 5 phases represent: (A) controlling the downtrend to a stop (B) buying and selling to create a trading range in order to accumulate as much as possible (C) testing supply to conclude when accumulation has been maximized (D) transitioning to an uptrend (E) executing the breakout to a successful uptrend What do you guys think would love to hear your comments? DISCLAIMER: Not professional advice, just opinion and should not be used to make investment decisions.
Long
by cmpkpersonal
2
CELO- Our preferred Option for a Long at this stageCelo has proven as right and did well even while Bitcoin was crashing. Our selection for this second quarter (which by the way ended up being a sour one) was mainly Cardano, Sia, Vet and CELO. Given the circumstances I think we did well and hopefully a strong recovery of BTC in July can serve us well. For the time being we need to be defensive and go Long selectively until things are clearly. Celo is our main pick at this very moment and already in profits today despite BTC still dropping the FXPROFESSOR
Long
by FX_Professor
BITCOIN 33600 ARE THE NEXT MAIN TARGET FOR THE TREND AND...Hello trading friends, This is an update for BTCUSDT FOR MAIN TARGET 33600 USD. Depending on the last trend study and TA trend bitcoin have a huge chance to break down to 33600 USD. This means not that we cant see a breakout trend - as always we should check the trend into 2 sides, but depending on expecting and trend it shows 33600 can be the next golden target for BTCUSDT. We will follow the trend with you, and update you soon with the next chart. Follow and like for more updates. Day trader rules # Dont add more money to save lose order # Dont trade with no stop limit # Dont trade with no plan # All 2 sides are possible # Know before entering order whats your SL/TP # Work slowly to your goal # Dont hope, market go on them way # There is no cheap or expensive in the market # Make trading notes # Take a break # wining more times means not there will not come a loose order. # Better w to lose an order with SL and out, than to lose all. # Build your account to a high level # Riskmanagement are the key # Dont be panic, take slowly actions. when you feel panic, then you do what wrong. # Dont change your plan # Dont take to high risk Have a great trading day!
Short
by watchtrend
5
OUR BEFORE EXPECTING TARGET 33k AND 35K HIT WHAT NEXT?Hello trading friends, This is an update for BTCUSDT from price 36300 USD + I hope you had a great time. We have seen last time a small increase trend, as we did add also in our before update. The trend did show before also a possible increase to 35K + as we did add before The most important thing is now where is BTC going? Bitcoin go into lines, and it can go all sides from here, but the most important targets we can share with you here are the next below. # Possible recovery to 35K and from there a new split way. the target are now above 36300+ For the long trend, if we breakout the 36700 with confirmation line and time frame, then we can see more uptrend. What means this update exactly? Trade safe with 2 sides options, important target 36700+, and same time know that a reset possible for short to 35K as chart shows possible return into breakdown trend. Have a good trading time. Follow and like for more.
Short
by watchtrend
2
✨CELO- More than DOUBLED while on Vacation ✨One of our picks for second quarter 2021, CELO, has managed to more than double during our short break. What is Celo? Celo uses your phone number as your wallet's public key to make it easy to send money to your phone’s contacts. Super! We knew that fundamentally the project ahs GREAT potential and the good news keep coming: Yahoo finance Deutsche Telekom Opera (we called the music on a previous idea...just a coincidence ) We are back, the FXPROFESSOR
Long
by FX_Professor
1
🆓Celo (CELO) June-27 #CELO $CELOCELO has just had a strong rally and is falling sharply. The support we should watch is the $3 zone, where there could be a significant buying force to help CELO bounce back to $4 or higher. But if it loses the $3 zone, we will wait to buy it at the 2.3$ zone 📈BUY 🔴Buy : 2.93-3.07$ if A. SL if B 📉SELL 🔴Sell : 3.9-4.1$. SL if A ♻️BACK-UP 🔵Buy : 2.25-2.35$ if A. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation
Is it time to play the CELO at support?🎶''Global payments infrastructure built for mobile''. Blockchain payments combined with mobile phones is music to our ears.🎶 Can CELO finally play the tunes though?🎺 With the recent great news from Germany and the price finally at support, today could be a great entry for a long term hold or a short term leveraged trade. Celo is global payments infrastructure that makes financial tools accessible to anyone with a mobile phone. www.coindesk.com
Long
by FX_Professor
1
CELOUSDT (CELO) - BULLISH UPDATE ANALYSIS 🔎 - This is an update on my previous analysis on CELOUSDT that got invalidated. - CELOUSDT has been on a mid-term uptrend. - The uptrend is supported by the ascending trendline support (ATS). - Price hit a swing high and retraced. - The retracement is resisted by the descending trendline resistance (DTR). - Breakout above the descending trendline resistance could be a bullish signal. BUY ENTRY ⬆️ - Breakout above the descending trendline resistance. - Retest of the descending trendline resistance after the breakout. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Horizontal resistance level (R3). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the ascending trendline support.
Long
by Chibuike_Odoh