CELO/USDT Looking BullishCelo recently announced a partnership with Visa to launch a new stablecoin called Celo Euro (CEUR), which is based on the euro and is meant to be used on the Celo network. Furthermore, Celo has announced a new grant program designed to support the creation of DeFi applications on its network. The goal of this program is to provide funding for initiatives aimed at creating cutting-edge DeFi apps that put user accessibility first.
CELOUSDT
CELO ANALYSIS🔮 #CELO Analysis 🚀🚀
💲💲 There is breakdown of ascending channel pattern in #CELO with proper retests of all levels. Now there is a clear path to the downside. 📉📉
💸Current Price -- $0.555
📈Target Price -- $0.515
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#CELO #Cryptocurrency #Breakdown #DYOR
CELO ANALYSIS🔮 #CELO Analysis - Breakout Trading 💰💰
🌟🚀 Here we can see a formation of "Descending Triangle Pattern" with an upside breakout and increasing volume and market interest indicates a potential bullish phase in #CELO💲💲
🔖 Current Price: $0.569
⏳️ Target Price: $0.900
⁉️ What to do?
- Closing ablove $0.600 could confirm buying potential and serve as an ideal entry point. We have marked crucial levels in the chart .🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#CELO #Cryptocurrency #Breakout #DYOR
CELO breakout from bearish zoneCELO closed above daily resistance on daily TF..... I'm expecting a good move from CELO from here as it breakout from bearish zone and double bottom.......
Wait for retest of the support before taking long or wait for breakout from the trendline resistance......
Follow for more market update
Can chat me up for trade setup
CELO/USDT upward momentum? 👀 🚀 Celo Today Analysis💎Paradisers, set your sights on CEOUSDT as it showcases a captivating trajectory, currently revisiting its channel support and hinting at a potential bullish surge.
💎Historically, CELO has been consistently tracing a descending channel pattern. At this juncture, it's once again touching the channel's support. Coupled with its position in the demand zone, this bolsters the prospects of a bullish turn.
💎Should the price surpass the channel resistance at .423, we could witness a notable upward momentum, with a high likelihood of re-encountering the bearish OB.
💎 On the flip side, it's crucial to be cautious: if the price dips below the 0.405 support mark, we might see it gravitate towards a deeper support level.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
CELO IS BEARISH (1D TF)For CELO, by examining the waves on the chart, a large diamond pattern can be identified. It seems that it has now entered the descending G wave of this diametric.
The red zone is a strong supply that can push the price down towards the TPs. In this red area, we are in the middle of sell/short trades.
I also specified the invalidation level, closing a daily candle above this level will invalidate 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 You
CELO/USDT is Preparing For a Bullish Momentum💎Yello Paradisers, tune in for a quick rundown on CELOUSDT! The asset has recently made a return to its demand zone and appears primed for an upward swing.
💎 A couple of days back, we pinpointed the 0.536 level as a crucial turning point. So far, the price has been holding steady at this juncture. Yet, given the current market volatility, it's wise to tread carefully.
💎 If the price loses its grip within the demand zone, view this as an optimal chance to take a short position down to the invalidation level.
💎 Stay sharp and trade wisely!
Celo coin formed bullish Gartley for upto 14% pumpHi dear friends, hope you are well, and welcome to the new update on Celo coin with US Dollar pair.
Previously we caught nice pump of Celo as below:
Now on a 4-hr time frame, CELO has formed a bullish Gartley move for the next price reversal.
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 #CELOUSDT Daily break resistance trend#CELO #CELOUSDT Daily break resistance trend
#Celo break down-trend resistance and pullback to her.
Now maybe start new uptrend for this targets for 3-6 month later.
0.75 $
1.2 $
2 $
If price drop under 0.46 (under Long-term downtrend) this signal reach STOPLOSS.
CELOUSDTHello Crypto Lovers, This is a 1D frame analysis for CELOUSDT As you can see, the price after breaking the white line was able to stabilize and has moved close to the first resistance line. With the bullish close of the previous candle, it is expected that if the first resistance line is broken, it can move towards its second resistance line. However, keep in mind that if it fails to rise above the stabilization line and we see weakness in the trend, there is a possibility of price correction. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
COMP, CELOHello?
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(COMPUSDT chart)
Looking at the 1M chart,
If the price holds above 63.70, a move up to the 111.96 point is likely.
Looking at the 1D chart,
We need to make sure that it is supported around 63.70-64.95.
If it declines, you should check for support near 46.48-56.89.
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(CELOUSDT chart)
Looking at the 1M chart,
A volume profile section is formed at the 1.469 point.
Therefore, it is expected that the full-fledged uptrend will begin only when it rises above 1.469.
However, since the HA-Low indicator on the 1M chart is formed at the 0.774 point, buying is possible when it is confirmed that it is supported around 0.774.
Looking at the 1D chart,
The HA-Low indicator of the 1W chart is formed around 0.536.
Therefore, the key is whether it is supported and rises around 0.517-0.536.
Once supported and started to rise,
1st: 0.670-0.711
2nd: 0.774
Split selling is possible when resistance is received near the 1st and 2nd above.
However, since it is currently within the downtrend channel, there is a possibility that the upside may be limited, so it is necessary to be cautious in trading.
(CELOKRW chart)
Looking at the 1M chart,
Looking at the distribution of trading volume, it is expected that a full-fledged upward trend will begin when it rises above the 1035 point.
Looking at the 1D chart,
It is located at point 716 of the HA-Low indicator on the 1W chart.
Accordingly, the key is whether it can be supported around 716 and rise above 762.
If the price holds above 762, it is expected to break out of the downtrend channel.
However, since the volume profile section is formed up to the 1035 point, it is expected that the rise will be limited.
Accordingly,
1st: 847
2nd: 976-1035
Split selling is possible when resistance is received near the 1st and 2nd above.
Below 675 is not an easy area to trade, so we recommend waiting until it rises above 675.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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Trading Idea for CELO/USDTCELO/USDT is currently in a bullish trend, as the price has been making higher highs and higher lows. This presents a potential trading opportunity to go long on the pair. Our entry point for this trade will be at 0.688, which is slightly above the current market price. Our stop loss will be placed at 0.628, just below the recent swing low, to limit our potential losses. Our target price for this trade will be at 0.850, which represents a potential profit of 23%.
Risk to Reward:
Our risk to reward ratio for this trade will be 3.53. This means that for every dollar we risk, we stand to potentially gain $3.53 if the trade is successful. This is a very attractive risk to reward ratio, as we only need to be right about one third of the time for this trade to be profitable over the long term.
Overall, this trade presents a solid opportunity to go long on CELO/USDT, with a favorable risk to reward ratio and a high potential for profit. As with all trades, it is important to closely monitor price action and adjust your position as necessary to maximize potential gains and minimize losses.
CELOUSDT: High Probability Trade OpportunityCELO is looking amazing as the price is rejecting a key demand zone. This rejection presents a good starting point for a high probability and good risk/reward trade opportunity.
Although the target is conservative, it adds up to the probability. Traders can consider buying CELOUSDT at the current price level and setting a stop loss below the demand zone to manage risk. Alternatively, traders may wait for a pullback towards the demand zone to enter the trade at a lower price point.
In conclusion, the technical analysis for CELOUSDT is promising, and traders who take advantage of this opportunity may potentially reap significant profits.