CELOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for CELOUSDT
There are R2 and R1 as our resistance lines and the disability of the price in order to rise is clear. And S2 used to be a resistance area and then S1 is a support line that expresses the support of the price at some points. At the moment, we have the price fluctuating over R1 and we expect it will fall to this line and then we should wait for some returning signs and surely by receiving some confirmation candles, we will predict a rise for it to R2 or even more. It is less probable for the price to lose the support at R1 and fall below it. We suggest you to activate your stop-loss due to the unstable market conditions in order not to have risky 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
CELOUSDT
CELO - Stoploss hunt happened. Time for shortReasons to take short:
⭐️ BTC at full ATR
⭐️ We had stoploss hunt
⭐️ Volume at top
⭐️ 3rd touch
⭐️ 135 ATR
⭐️ Far from VWAP
Setup will be invalidated if we will be moving to the top.
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
Cello/USDT AnalysisHello traders.
1. Weekly chart
Stochastic RSI pointing up.
The price has reached the 1.68 target of the projection and also the diagonal Fibo channel, a well-known target.
2. Daily chart
I plotted two possible scenarios, an optimist with a green arrow and a pessimist with a red arrow.
The price apparently corrected on the 50% retracement:
The correction also respected the Arnaud Legoux moving average of 89:
And it stayed above the exponential moving averages of 8 and 21:
Analyzing 21-period Bollinger Bands, with regularized exponential mean and Extreme Stochastic DMI:
The price tried to stay above the average for 3 times as per the red circles.
It's testing again, to see if it goes back down to the green circle.
The Extreme Stochastic DMI indicates bullish continuation pointing up.
3. 4-hour chart
Price appears to be undefined in the range between the 200 exponential and simple moving averages
The price needs to stay above 1,272 Fibo channel, otherwise it will test the next level at 1,382.
CELOUSDT on a double bottom 🦐The price has tested perfectly twice the support area at the recent low.
Being the double bottom an inversion pattern i will look for a slightly higher retracement remaining bearish anyway the gersal market outlook.
How can i approach this scenario?
I will wait for the EU market open and look for a break of the resistance, in that case i will move on the 4h timeframe to look for a nice long order according to the Plancron's strategy rules.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
CELO long idea LTF 15 minute chartThis is a long idea for CELO on a lower time frame, more immediate trade setup.
Sorry for the mess with so many lines but I love it when the fibonacci levels line up nicely with historical price action and vice versa of particular importance here Id say is magging fib for the leg down we see, I can see price travelling back to the 0.5 and 0.618 lines quite comfortably (targets beyond that would need to be managed sensibly, maybe with trailing stop losses.
So yes, the first option would be to long here, with stops below the swing low here. The horizontal resistance is of most importance, but I drew on the diagonal (almost like a neckline) because I thought it was interesting that it was there, and also that the diagonal resistance is going to possibly be where the horizontal resistance aligns when price action crosses, gettting a double whammy.
The second option for a long and stops here is to wait patiently for the break and then to simply long the restest of the horizontal resistance as support.
CELO macro long ideaHeres a quick swing trade long idea for CELO
I noticed there this is a huge gap to the upside that could potentially be filled; up to the recent swing/lower high that has prevailed ~1.19.
Treating price action here as a swing low (higher from the local bottom), we could have our stops just below. Price targets overhead.
CELO Analysis #TheCryptoCityCELO Analysis
This is my idea. I have tried my best to bring the best possible outcome to this chart, Do not consider it FINANCIAL ADVICE.
So let's see how the market reacts in the coming days.
This chart is likely to help you in making better trade decisions
I am not a market maker I could be wrong.
Everything is on the chart.
Everything Depends On BTC Movement
Thank you
Celo - Clean level breakdown with historical minimums follow-upReasons to take short
⭐️ We are in a bear trend
⭐️ Trendline is clear
⭐️ Level is 16 days old
⭐️ Volume at top
⭐️ Pullbacks are getting smaller
⭐️ 7th touch
⭐️ 32 ATR
Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
1D timeframe market structure Why is it important to understand the structure of the market?
Because decisions to buy or sell are made through referencing current price against previous areas which caused significant emotional response, in particular those areas which led to regret of missing out on the opportunity, or those areas which trapped traders in losing positions.
CELOUSDT TREND LINE Nice to meet you, everyone
I'm an alt trader
I'm analyzing and recommending things that are similar to my personality among many alt coins
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All the upward trends were broken and renewed after breaking the lows. It's never a safe coin, so you can't sell it. Stable trading can only be carried out if it rises above the orange thick upward trend. Currently, the red upward trend will be broken and supported by the blue downward trend.
CELOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for CELOUSDT
Based on our previous analysis on April 19, the price was fluctuating around $3.1 thousand and we expected more fall for it. At the present, you see that the price reached the lowest amount of $1.1 thousand and it is fluctuating at the amount of $1.3 thousand in this chart. Now you observe that the price is located in the corner of our support and resistance lines. So we expect the price to be supported again and move over the first resistance line for more rise. But in case the opposite happens, the price will face more decline.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
CELO inverted H&SCelo is forming Inverted Head and Shoulders 🤷. If price breaks the Neckline 3.752 I think there is chance for run to 5.45 and even higher.
ENTRY : local high @ 3.8
STOPLOSS (SL) : Right Shoulder @ 2.77
TARGET (TP) : Inverted H&S target projection @ 5.45
REWARD RISK RATIO (RRR) : 1.6
INVALIDATION : when SL level hit
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.