In my opinion: This usually means the whales have too much control over the volatility and they are minmaxing it (Big buys and sells on both sides), which means it's lost momentum. On the bullish case: We are being held at a very high price. CGLD doesn't like to be held up without a reason.. We also have not made a lower low. Until then, bullish case is still...
IF it breaks out it has potential for 30-40 percent. however, wait for right entry. Manage portfolio wisely. All trading carries high risk. Happy trading!
Breakout confirmed, lets get to that fancy new moon from the previous post!
It looks like we're trading inside another triangle pattern. If the price breaks out to the upside, I will enter my long position. Cheers, ✌️💫🚀
After touching the highs from late Janruary, Cello has consolidated on the previous resistence at $3.50 and looks to be coiling for a major breakout. We need to find acceptance and consolidation around $4.00 before all time highs can be taken out. Volume has dropped substantially so we should see some movement either way in the next day or two. There is a good...
I've been meaning to post this for the past few days.. Look at the RSI. This would lead me to believe that a large investor is buying large amounts when the RSI drops. I've seen this sort of movement in other bull runs. There have been a few things I've noticed that are unusual: 1. I've noticed a huge increase of liquidity on the order books. 2. We usual come...
Thesis: Since it's first dramatic price spike of 2021 Cello has slowly been building an ascending triangle pattern with $3.50 - $3.60 forming the top. Cello has rejected all 3 previous attempts to hold $3.50 returning to back to its trend line. Catalyst : The triangle pattern has run out of room and stronger volume has returned to push Cello over $3.50 for...
Celo seems rising to reach 4.5 dollar. If you enter you have to keep it watching for quick exit . All trading carries high risk. Invest Wisely.
I'm very excited. The recent volume spike is a really good bullish indicator. This is what I've been waiting for since we've touched the long term trend line.
This is most likely the bottom and I don't think we'll break this resistance. Good luck.
This usually is followed by a breakout. Hard to tell if it'll break down or up. The entire market is green today. We are also 1-2 days away from the resistance line.
Short CGLD as it went below the support!! I believe this one will drop hard short term!! This is not financial advise and please like and subscribe to my channel to support my work and keep me motivated to keep on posting my thoughts
It's ready to go back up. Any moment now. The selling off has been exhausted.
The RSI is making a bearish divergence. We need more volume or this isn't looking good. The most likely scenario is that we go sideways until hitting the trend line.