. . .has been validated. Now jsut waiting for price action to head to the full double bottom breakout target. In the current price zone, a mild correction before reaching the full target wouldn’t surprise me. In doing so it would help it create an inverse head and shoulders for its follow up bull pattern. Also a chance it just skips the correction and heads...
Kind of a risky trade, but I'm of the belief that we'll see one more BTC bounce before the move down. If it does happen, then I think OTC:CGLD has the chance at 20-30% upside here. I think it's likely to hit the top resistance at $.79. Let's see what happens over the coming days.
Currently wicking below the neckline on the right shoulder…I’m not 100% confident it will trigger a breakout on the first candle of the right shoulder to reach the neckline, so I arbitrarily moved the measured move line a few daily candles forward to give it some time to fight the neckline resistance…whenever we see that it has clearly triggered the breakout above...
CELO/CGLD alone is the only one of 6 digital assets promoted as top in class regarding decentralization, scalability & energy cost, by the World Economic Forum to have a total supply Market cap below $10B. The price target of ~$28 would place CELO with a Market Cap just shy of $9B. This would place it in the lower value end of it's fellow WEF tokens, ADA ($66B),...
This is what I am seeing potentially playing out... a bullish "W" pattern. Target takes CELO to its recent ATH and likely a breakout beyond. This is a really solid project held by institutions, so it's a "buy" to me! Btw, do you pronounce it "SeeLow" or "Chello"? I've heard both -haha :-)
Entry at $5.27. Target $20. Stop @ $4.15. Almost 4x upside. Let's see how it plays out over the coming days/weeks.
Strong mutha-fudging chart and protocol! Look at the volume coming in during a sell off in the general markets! Double your dough with a buy here :-) That's what I am doing... LET'S GOOOOOOO!!!!!!! CELO is BEING SLEPT ON!!!! An open protocol that allows applications to make transactions with and run smart contracts in a secure and decentralized fashion. AND MOST...
Celos is looking extremely bullish. Bounced off the 50 Ema, had a great day yesterday and I'm expecting continuation.
On the hourly celo is fighting for the 200 Ema. OBV is showing signs of life and we have a bullish divergence on the vumanchu indicator. Perhaps a reversal.
COINBASE:CGLDUSD BINANCE:CELOUSDT A more conservative idea to temper the giddy one I posted yesterday: the first of three vertical green bars painted on 30 August may be conceived as the start of a support trendline that's since manifested into the bottom of what appears to be a bullish flag formation. If so, adding the difference between CGLD's/CELO's open...
After the pump a few days ago, price has consolidated and entered a period of accumulation. Price action on micro time-frames seem to suggest this is about over. I'm expected a scam wick down and then for price to resume its uptrend. I picked up a small bag here.
So I am the best purveyor of advice I don't myself listen to it seems, because 2 days before CELO's--or as Coinbase denominates it--CGLD's breakout to 10.8, I drew up an unpublished chart which illustrated my reasoning for thinking that it was due for a double-up at least very soon (basically it seemed to me it was at the tail end of a massive bullish pennant that...
Pretty clean and simple setup. Celo has been one of the biggest laggards so far, but it has been listed on Coinbase, has big backers and recently got a big investment by Deutsche Telekom.
Celo looks great against btc. There are multiple bullish signals. Nice green volume. Completing wave D of the accumulation pattern, wave E could be very small, therefore it could be noticed on a small tf. A breakout of the resistance line could propel it very high. On top of that it's backed by some fundamentals (recent partnerships). We could see a trend change...
Overview - Overall, could have an ascending triangle or triple top pattern occurring and whatever pattern it is will determine future price bounce. Let's start from the top! Price Chart - If price breaks above the 20MA(green) and 50MA(yellow), breakout could occur. Especially if the 20MA can get above the 50MA - Both patterns are marked on the chart: *If...
COINBASE:CGLDUSD Getting back to trading more this year. Lots of reward from here on for $CGLD, one of my favorite coins Celo! The Celo org emphasizes the potential social impact for its project to serve underfinanced people around the world and I'm a fan of that. They also have a mobile app called Valora which aims to make their project more accessible to...
CGLD rocketed up to 5.0 on 3/29 and pull back. It has since made a nice rounded bottom - a bullish pattern. Now it’s building up pressure right below the 5.0 resistance, ready to explode up. First target is the Fibonacci extension of 1 and resistance at 5.6. 🍻
this is my upcoming prediction for cgld/usdt $7 by April Mid, dont forget you always need to do your own research everything you need is on the chart