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CELOUSDT

RLinda ! CELOUSDT-> Adam and Eve give the coin a chance CELOUSDT rests on the local bottom and forms a set-up foreshadowing a trend reversal. A breakout of basic resistance will activate the set-up, and a retest will find an ideal entry point. Adam and Eve is a bullish reversal pattern that usually forms at the bottom of a downtrend and signals a potential reversal in the price of an asset. This pattern is considered a more reliable reversal signal when it occurs after a prolonged downtrend, as it indicates that seller pressure is exhausted and buyers can begin to regain control. Additional bullish signals for a possible upside breakout are forming at the moment: moving averages crossing, formation of a pre-break consolidation, and renewal of local highs. I assume the bulls will try to hold the support zone near the level of 0.781, the price will again push back and continue to test the resistance for a breakout. I expect breakdown and achievement of the medium-term objectives - resistance 1.200 and also 1.490. Regards R.Linda!
Long
by RLinda
7
CELO Cup & Handle ☕Celo is forming Cup & Handle pattern and seems to be ready to break the neckline. If it really does then there would be a chance for run to 1.385 and even higher. Have set BUY STOP-LIMIT order @ 0.892 to catch the potential breakout which is agressive approach but that's just me. One can rather wait for break confirmation and buy the potential pullback to the neckline (backtest). S/R zones along the way: 0.98-0.99 and 1.16-1.20. Wise idea to secure some profit at the higher zone (TARGET1) and let the rest run to the C&H projection (TARGET2). There is also legacy uptrendline (orange) which could act as resistance and then flip to support. ENTRY : local high @ 0.892 STOPLOSS (SL) : local low @ 0.682 TARGETS (TP) : TARGET1 - resistance @ 1.155 | TARGET2 - Cup & Handle measured move @ 1.385 REWARD RISK RATIO (RRR) : TARGET1 - 1.4 | TARGET2 - 2.65 INVALIDATION : when SL level hit This thesis is supported by the idea down below and if BTC is really going to 27500 we should see nice pumps on alts as well. Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
2
CELO : THE GOLDEN BREAKOUT COINThere are some trends on this coin that allow it to show interesting views for the breakout in the coming time. When we check a breakout coin we depend our views not on the price actions, but on the structure that is building on the coin and the trends that the coin can do depending on the technical side. The coin can be a follow for days, since it shows this interesting view we will follow it coming time to see if it's able to show the golden breakout of $1.34 we expect that there will be a moment that this coin is able to show a breakout.
Long
by Goldenbreakout
4
✴️ CELO Looks Bullish vs USDT | $3.333 Next TargetTwo major bullish milestones reached on this chart, CELOUSDT. (1) Recovery above the June 2022 major low. (2) Break and close above MA200 (black line). Today's trading volume is also higher than average and overall buy volume (green bars) are predominant on this chart. We are mapping the main target at $3.333 but there is resistance along the way. First target is $1.111 followed by $1.533. Finally, before reaching $3.333, $2.222 needs to be broken. It should be entertaining to to see the whole process develop. It should be profitable if you are holding this altcoin. Namaste.
Long
by AlanSantana
3
$CELO/#USDT [#Celo]: BBand_Breakout Hey traders, we've identified a Bollinger Band breakout on the $CELO / $USDT chart. The price has moved outside of the upper Bollinger Band, which can indicate a potential bullish trend. The next resistance key levels are at 0.857 | 0.927 | 1.095 and the major support zones are respectively at 0.689 | 0.591 | 0.423. We may consider buying at the current price zone 0.802 and targetting higher levels. Technical Metrics : Current price: 0.802 24H Volume: 2,942,664.0223 ₮ 24H Price change: 2.821% - Pivot Points - Levels : Resistance: 0.857 | 0.927 | 1.095 Support: 0.689 | 0.591 | 0.423 Indicators recommandation : Oscillators: SELL Moving Averages: STRONG_BUY Technical Indicators Summary : BUY - In-depth CELOUSDT technical analysis on > Tradingview TA page
by Crypto2AF