CELO, it's worth waiting for clear preconditions. CELO is in a big value area. It is worth highlighting that the price has broken the trend line and tested it as support. This is a good signal. At the moment the price is in the middle of this range and there are no clear prerequisites to open a position.
In case of a squeeze and breakout of the key level, there could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Celocoin
Celo is a late bloomer, but explosive when ready!CHART OVERVIEW
CELO / BTC - WEEKLY CHART
A) Fib circles showing price support and resistance points.
B) Fib levels with the 1.0 and 1.618 shown in yellow and green respectively
ANALYSIS
The price is currently hugging the green 0.618 circle. It is showing a strong level of support.
CONCLUSSION
CELO is volatile but has a lot of potential in my view, it has been in a very long price discovery mode, I would expect it to go a a strong bull run and hit the 1.618 price level at 0.00034391.
What do you guys think, is Celo about to pop?
*DISCLAIMER: Not professional advice.
CELOUSD Repeating Structure / MA It can be seen on this chart that the moving averages (especially the 50 and 100MA (death-crosses) more evident) are following repeating moves while the 200MA moves steadily higher
We can use this information to predict the price action within the channel placed
I expect a small move upwards to the top of the channel and then rejection back to the bottom of the channel
Diagonal lines can be drawn to display this repeating action
If a repeat does not occur and a move upwards above the channel occurs, price may breakout a lot higher.
CELOUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
CELO bullish pennantThe price is testing previous highs level (4.731) inside of bullish pennant formation now. A lot of potential here.
Entry:
average buy current price (4.86) - down to 4.25
SL:
4.14 (~8%)
3.69 (~18%)
TP1: 5.38
TP2: 6.07
TP3: 7.29
TP4: 9.41
TP5: 10.85
TP6: OPEN++
Remember about risk management, especially that BTC has been quite volatile lately.
New gem! CELOCELO saw it's meteoric rise and fall from grace this week as the crypto exchanges shut its doors to liquidate overzealous leveraged long plays. Price is now at a discount and good for accumulation for long term investment.
BULL CASE
Price could move up from here and the long term targets we are looking at is at around the $30 levels
BEAR CASE
If the crypto markets as a whole corrects farther in the coming week, we see $4 as a good area to start accumulating more CELO.
CELO - How our Levels worked During today's 'Storm'Massive dip today, probably well orchestrated too with billions of dollars lost in liquidations.
Let's take a step back and see how our levels works.
Look at our previous ideas below for comparison. (CLICK ON PLAY BUTTON 3 TIMES ON PREVIOUS IDEA TO SEE TODAY'S SUPPORT LEVEL MEETING OUR CHART EXACTLY)
No love today,
the FXPROFESSOR
CELO - Insane Day (150% Higher 2 Hours After Our Post) 😲 This is a day to remember. We have done similar posts going crazy wild (Like last week with AVAX ) but this is quite something.
You may call it luck and yes partially it is luck since a 100 million deal took place out of the blue BUT at the end of the day it's a success repeated frequently so allow me to brag and analyze it for you:
1.Fundamentals come first
We did research, we compared to competition, we looked at Tokenomics, we looked at the team behind it and THEN we proposed it to you here
I am Greek, and ancient Greek rule is: 'Do NOT believe in Luck'
2. Chart is Art
We are constantly looking at charts with the methods we use (part of it we share it here, part of it we share with some people working closer to us and part of it we keep for ourselves completely).
The way we work is simple; out of the many charts we try to identify the one that shows more momentum and has higher probability to break out.
3. The future in Crypto
You might as well start forgetting the times when everything rises or massively sinks because Bitcoin went up or down.\
You might as well start forgetting the times when every crypto will go up and you just Hodl and research is not needed
You might as well start being more educated now because the cryptos will stay but at the same time they will change. Bitcoin will become less volatile in 6 months to a year and the crypto market will not be so dependent on it.
i will get back to this words in dew time, in the meantime ok Celo, enough for one day
the FXPROFESSOR
🧝🍄CELO - 40% Higher Just an Hour Later ⚗️🦄Yes, I am not kidding; and no I didn't just buy 100,000,000 of Celo
It just happened that my chart tends to help me pick winners on a bad day, that's all
(we did the same with AVAX a few days ago).
News are great again and CELO has well been selected as one of our top picks for 2021. Patience always works because our research tends to be good (we had called it second quarter unicorn).
one Love,
the FXPROFESSOR
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
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.
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
✨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
CELO Broke a flag pattern What now? 👓Hello Traders. I hope you are having successful trades.
Today I want to talk about CELO. Here in 4H timeframe as you can see, price has managed to break out of a flag pattern and I expect it to grow from here.
1st target is 5$ which is a static resistance and also a psychological resistance and the 2nd target is around 6.3$ which is obtained from flag pattern rules.
Once price breaks out of the flag, it can grow the same as the first leg or the base of the flag. Stop loss is shown in the chart.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on CELO and don`t forget to comment what you think. ✌
Can it break out & key resistances to watch for next*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
*Follow me for the latest cryptocurrency analyses on my watchlist
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.