Celo looking good for a bounceignore the Elliot wave count as I am a beginner at Elliot waves. price is at the Golden pocket after a very big impulse to the upside. price changed the local structure and now is pulling back. I place bids at local GP around 0.58 with a tiny stop loss. It's the weekend and the market is dead so very tiny in size.
CELOUSDT
CELO SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the CELO symbol.
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 - "LONG LIKE DONKEY KONG"Shout out to Mr. WW for the title quote.
Where do I begin with this one...
1) RSI in oversold zone. Applies to both USDT and BTC pairs.
2) Price quickly and in succession printed out of Bollinger Bands due to the recent FUD. Move is unsustainable and will have to reverse back into BB (upwards). Applies to both USDT and BTC pairs.
3) Multiple indicators flashing bullish on multiple timeframes. Applies to both USDT and BTC pairs.
4) Descending channel as drawn. Price currently bounced on its bottom.
2D USDT Pair
2D BTC pair
1W BTC pair
Can the price fall lower? Sure.
Is it probable that it goes much further down? No.
As always manage risk and minimize leverage. Good luck.
CELOUSDT - Oversold (2x - 5x return)Consider the 2D USDT pair above:
1) RSI is in oversold, "buy zone"
2) Bullish divergence as drawn
3) Price and RSI breakout on 3D BTC pair
4) Dragonfly doji printed on 5D BTC pair after large downtrend, signifying trend reversal
Targets (initial): 1.5 - 1.6 - 2.3 USDT
Timeframe: Weeks (don't know exact number)
Leverage: 3-4x ( if we get a green candle close above the dragonfly's close in the 5D BTC pair chart, then chances of upside are even larger. Carefully manage risk. )
Celo - Breakout & UptrendDear my friends,
Over the past few days, I have continued to look for coins with strong upside potential in the bull market.
I have seen Celo.
The price of Celo is still in a downtrend. But broke the downtrend since March.
Currently in the weekly frame, the price is in the oversold zone since May.
There was a clear divergence between the price line and the RSI line.
I expect in the near future, the price will touch $0.88 - $1,096 and $2,319
Let's observe!
Always put SL if you want to enter
Thanks very much!
CELOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for CELOUSDT
In the current chart, you see that R3, R1, and R2 express the resistance areas which the unsuccessful attempts of the price to is obvious. And S1 and S2 are the support areas and even S2 is our long-term support line that includes the support of price since the past. At the moment, we have the price fluctuating below R1 and we believe it will rise to the mentioned line and then by giving us some rising signs, we will predict an increase for it to reach higher amounts such as R2 or R3. If the price is not supported at R1, definitely it will face a decline. Note that wait for some confirmation candles before starting your trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
CELOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for CELOUSDT
As we analyzed on September 4, we expected a falling trend to happen and now one of our targets is hit. Here you see R1 as a resistance area which expresses the disability of the price in order to rise. S1 used to be a resistance line and S2 is our support area that contains the well support of the price since the past. At the present, we have the price fluctuating over S1 and our prediction would be a fall to this line. At this point, we will have two options to happen. Either we will have some confirmation candles to rise and then a rise is expected for the price toward R1 (this is a good area for saving profits). Or it may happen that the price loses the support by reaching S1 and then more decline is waiting for it down to S2.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Celo with lower risk and highest potentialCelo is a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users.
By using phone numbers as public keys, Celo hopes to introduce the world’s billions of smartphone owners, including those without banking access, to transacting in cryptocurrency.
The network also allows for the creation of smart contracts and decentralized applications (DApps) as part of decentralized finance (DeFi). Its mainnet was launched in April 2020.
The platform has two native tokens. CELO is a proof-of-stake (PoS) token used for transaction fees, governance participation and related activities. In future, the platform aims to host various stablecoins, with three, the Celo Dollar (CUSD), the Celo Euro (CEUR) and the Celo Brazilian Real (CREAL) already in use.
Buy Setup
Entry : 0.740 - 0.892
SL : 0.644 - 0.639
TP1 : 0.92
TP2 : 0.96
TP3 : 1.01
TP4 : 1.08
TP5 : 1.18
TP6 : 1.3
TP7 : 1.43
TP8 : 1.57
TP9 : 1.72
TP10 ; 1.92
TP11 : 2.2
TP12 : 2.6
TP13 : 3
TP14 : 3.4
TP15 : 3.8
TP16 : 4.24
You can SPOT or long FUTURE with 1x , 2x , and 3x leverage👌
Keep going and enjoy it😍
Follow me ! Copy my trade💚
Celo with lower risk and highest potentialCelo is a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users.
By using phone numbers as public keys, Celo hopes to introduce the world’s billions of smartphone owners, including those without banking access, to transacting in cryptocurrency.
The network also allows for the creation of smart contracts and decentralized applications (DApps) as part of decentralized finance (DeFi). Its mainnet was launched in April 2020.
The platform has two native tokens. CELO is a proof-of-stake (PoS) token used for transaction fees, governance participation and related activities. In future, the platform aims to host various stablecoins, with three, the Celo Dollar (CUSD), the Celo Euro (CEUR) and the Celo Brazilian Real (CREAL) already in use.
Buy Setup
Entry : 0.740 - 0.892
SL : 0.644 - 0.639
TP1: 0.92
TP2: 0.96
TP3: 1.01
TP4: 1.08
TP5: 1.18
TP6: 1.3
TP7: 1.43
TP8: 1.57
TP9: 1.72
TP10: 1.92
TP11: 2.2
TP12: 2.6
TP13: 3
TP14: 3.4
TP15: 3.8
TP16: 4.24
You can SPOT or long FUTURE with 1x, 2x, and 3x leverage👌
Keep going and enjoy it😍
Follow me! Copy my trade💚
Celo coin formed bullish Shark | A good buy opportunityHi dear friends, hope you are well, and welcome to the new update on the Celo coin with Bitcoin pair.
Previously we had a harmonic trae of CELO:
Now on a 2-hr time frame chart, CELO has formed a bullish Shark pattern.
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
CELOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for CELOUSDT
Here we have R2 which used to be a support line. R1 is our resistance line that the unsuccessful attempts of the price to rise is obvious at it. And S1 and S2 are the support areas which contain the support of the price at some points. Thus, we have the price fluctuating over S1 and we expect it to rise again to R1 and then it will be rejected and fall as the past toward S1. Or it is possible that the price loses the support here and have a decline below S1 and more to S2.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck