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CELOUSDT

CELO 1D. 100% Growth Potential You Can’t Ignore! 12/07/24BINANCE:CELOUSDT demonstrated strong performance in November 2024, driven by a strengthening market trend and strategic developments. Key growth factors include increased activity within the Celo ecosystem, boosted by a newly launched initiative aimed at improving network resilience and attracting developers. As part of this program, the platform announced support for projects in sustainable finance (DeFi) and microfinance, enhancing investor confidence in the ecosystem. Technical analysis suggests a robust bullish global trend for CELOUSDT, supported by a steady daily trading volume exceeding $81 million and a 92.75% correlation with Bitcoin, making the token attractive for both short- and long-term trading strategies. Trading Setup Futures Entry Limits: 0.9773 0.9000 Take Profits: 1.2157 1.4030 1.8129 No stop loss recommended. Spot purchases are also viable at current levels, with the option to accumulate further on dips. The growth potential exceeds 500%. Adhere to proper risk management (1-2% of deposit per trade). Wishing you profitable trades!
Long
by trendbooster
Can #CELO Bulls Maintain the Current Bullish Momentum Or Not? Yello, Paradisers! Is #CELOUSDT gearing up for a breakout or will we see a reversal? Let’s break down the current setup for #CELO and what it could mean for traders: 💎#CELO is showing a textbook cup-and-handle pattern on the daily timeframe, signaling a potential bullish continuation. Currently, the price is hovering around the $0.9437 level, with key resistance lying at the $1.10-$1.30 supply zone. A decisive breakout above this zone could spark a strong rally and attract fresh buyers into the market. 💎If #CELO clears the supply zone, the next target lies around the $1.80-$2.20 range, aligning with the measured move of this pattern. This breakout would confirm a major shift in market sentiment, signaling renewed strength for the bulls and marking a significant milestone for CELO’s recovery. 💎On the flip side, if the price fails to break above the supply zone, it could retest the support zone at $0.733. If the support zone also fails, such a move could trigger a selloff toward $0.58 demand zone, reinforcing bearish sentiment. 💎There should be a bounce from the demand zone. However, losing this level will transfer control to bears for a deeper retracement before any potential rebound. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
TradeCityPro | CELOUSDT Suitable Trading Opportunity👋 Welcome to the TradeCityPro channel! Let’s analyze CELOUSDT, a cryptocurrency that appears to present opportunities in both spot and futures markets this week. 🌍 Market Overview Before diving into CELO, let’s take a look at Bitcoin during the London session. BTC continues to print red candles, with its dominance (BTC.D) ranging. This scenario leads to a balanced market correction, where individual coins behave independently based on their BTC pair performance. 📊 Weekly Timeframe CELO has been ranging within a weekly box for approximately 830 days, with no significant breakout. While buying at the box's bottom might have yielded 100% gains, holding positions for extended periods in a risky market like crypto can lead to "capital dormancy," causing stress. Hence, trigger-based trading is preferred. This time, CELO has printed a higher low within the box, hinting at a potential breakout. Breakout above 0.8412 with a stop loss at 0.4083 for a mid-term buy. If missed, another entry above 1.2530 with confirmation from RSI moving into overbuy territory (76.06) ensures a more secure position. 📈 Daily Timeframe CELO is currently testing the box resistance but shows stronger buyer momentum this time. Last rejection from 0.8683 led to a correction down to 0.5318, but buyers established a higher low compared to 0.3998, indicating a shift in momentum. Daily RSI needs to break 74.22 to confirm a sharp move upward , Upon confirmation, price could rally to 1.0503. ⏱ 4-Hour Timeframe CELO has formed a parabolic movement, with consistent support at the curve line during pullbacks. Despite some weakening momentum, as long as the price holds above the curve, there’s potential for further upside. 📈 Long Position Trigger: Breakout above 0.8683 to initiate a long position. As long as the price remains above 0.7352, higher lows per Dow Theory suggest strength. 💡 BTC Pair Insight CELOBTC is bearish but shows signs of weakening bearish momentum, which might lead to a trend reversal or a new bullish phase. Coins with similar BTC pair setups last week either didn’t move or experienced significant pumps after their triggers. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
2
CELO price is now on the verge of a foul #CELO price is now on the verge of a foul But it is being stubbornly held and pushed upward with a “saw”, so there is a chance that it will be pushed to $0.95-1 or even $1.20-1.28 in this wave of growth However, when making trading decisions, you should take into account the fact that the safe buy zone for OKX:CELOUSDT is in the range of $0.47-0.57 Sooner or later, the price will fall there again _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
1
CELO middle term targets for alt seasonMain middle term targets for BINANCE:CELOUSDT Possible Targets and explanation idea ➡️W tf. 27 zone for accumulation since 2022 work always perfectly well ➡️Tested fundamental value line based on Take Profit indicator ➡️Money Power indicator showed money inflow (blue columns) ➡️Main buy signal on W tf marked on a chart. Trade On indicator ➡️First zone where ok will take a % profit. Monthly FVG and yellow zone will be second one Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
CELO Daily Time FrameCELO is currently in a bearish trend and has been moving within a descending channel for approximately 141 days. The chart clearly shows the price making lower highs and lower lows, respecting the boundaries of this channel. At the moment, the price is positioned near a critical juncture where it could potentially break out of this descending channel, signaling a reversal. For a bullish move to occur, CELO must break above the channel’s upper boundary. This resistance has acted as a barrier to the price, preventing any significant upward movement. On the other hand, if the price fails to break this resistance and continues downward, it is likely to test the lower support of the descending channel. Traders should monitor the price action closely, especially looking for a breakout above the descending channel, which would be a strong indicator of a potential bullish reversal. An increase in trading volume would provide further confirmation of this move. Everything is on the chart.
by TheCryptoCity
#CELO Technical Analysis in 3-Day TimeframeHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: CELO is in a downtrend and is currently holding the support level at 0.4674. The rebound shows a positive move for CELO, but to confirm the bullish trend, CELO must break out and close above the 50 EMA in the 3-day timeframe. Key Observations: - Primary Support: $0.4674. - Lower Support: $0.3480. - Primary Resistance: $0.730. - Initial Target: $2.302. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
CELOUSDT.1DThe daily chart for Celo (CELO/USDT) displays a price structure that is forming a descending triangle pattern, which is often interpreted as bearish. The price is consolidating, with resistance (R1) at $1.1449 and a flat support level (S1) that seems to have been tested multiple times. The price at the moment of the chart was $0.8488, and if the price breaks below the support level, it could signal further downward momentum. The resistance line, currently at $1.1449, is the level to watch for a potential bullish reversal if the price were to break through. The RSI is leaning towards the lower half at 43.25, suggesting that there might be more room for downward movement. The ADL line is relatively flat, suggesting that there is not a clear trend in terms of accumulation or distribution. Traders might look for a break below S1 as a confirmation of the continuation of the bearish trend, possibly with a target set near the previous lows or lower. If the price breaks above the resistance line, it could invalidate the bearish pattern and suggest a potential change in trend, where R2 would be the next target. As with any pattern, confirmation with increased volume on the breakout would provide additional
by MarsSignals
CELO/USDT Gearing up for a Bounce Back From the Bullish OB 👀🚀💎Paradisers, let's focus on the recent market dynamics surrounding #CELOUSDT. 💎Right now, #Celo is bouncing from the Bullish OB area, which suggests positive momentum in the market. There's a good chance for the asset to challenge the resistance trendline overhead, hinting at a potentially strong upward move. 💎If #CELO manages to break through this resistance, it could signal a continuation of its upward trajectory, with the potential to reach our target resistance zone. 💎However, if SEED_DONKEYDAN_MARKET_CAP:CELO doesn't manage to break out and gets rejected by the resistance, it could trigger a downward turn, possibly retesting the Demand area to rebuild momentum. 💎It's crucial for #CELO to rebound from the Demand Area. A breakdown below this point could lead to further declines, dragging Celo towards lower support zones or deeper into bearish territory. Keeping a close watch on how CELO behaves at these key levels is essential.
Long
by MyCryptoParadise_Simon
2
CELO ANALYSIS (1D)After completing the diametric, CELO has entered a bullish wave that looks like an ABC or complex pattern. Wave A of this bullish wave is over and we are now in wave B. There should be another bullish C wave. The green range is a suitable range for sell/short positions. The main targets are clear on the chart. Closing a daily candle below the invalidation level will violate 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 Yo
by behdark