CELOUSD trade ideas
CGLD Uptrend to $5?Could we see a $5 GCLD by March? In my opinion it is possible. Here are some crucial support lines. We have a confirmed uptrend forming what could be a Cup for a Cup & Handle. There is a $2.8million sell wall at $4.00. I've noticed that CGLD seems to move when other atl coins dip, I'm going to watch this more closely. There was a blow off to almost $4 today. Current $3.66 at time of post. (This is not financial advice.)
Cello Breakout Imminent? 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 chance of a back test of the trend line support that has been driving this move since early January. You can try and enter there on a back test or look for the increased volume and try and follow the trend.
Targets: $4.00 / $4.85
Stops: $3.10
The pump will happen any day now.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 right back down to the trend line, but this time we've been hovering above it for the past few days.
3. Large amounts of volume
It feels like something is in the works... but it's impossible to tell when something will happen. This is one of those coins when it goes 2x and you look at the graph in hindsight and kick yourself for not buying in!
Worse case scenario (as long as market doesn't crash) -> We go sideways for the next week and hit the trend line again.
celo 45 min chart ideaThes lines show resistance and supports and a wedge of sorts
I think if it breaks bullish we going to $4.70 or so
But what the hell do I know lol
Technical Analysis & Predictions 2/7/21*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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Fourth Times the Charm for Cello? CGLDUSD Finally Breaks Out?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 the forth time.
Trade: Enter on a back test of the $3.50 - $3.60 area if there is decreasing selling volume as price approaches those levels.
Stops: Stops can be at either $3.40 or $3.20 depending on your risk.
Exit: Take 50% of trade off at all time highs and let the rest run with trailing stop.
CGLD 4.5 ?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.
Time to get serious with CELOLooking good on both TA and FA fronts, here!
Check out who founded this coin. This shall be big! coinmarketcap.com
Anyway - Price action a little wicky than l like but you get that...
Currently battling with an inverse hold level around 3.08.
1st target 3.68 break level then up to $5.12.
Laddering up nicely under resistance, should see a push up to $3.20 ish soon.
New ATHs soon!
Uptrend as started!!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.
push through this wall and to the moonCELO is bullflagging and about to rip right through the sell wall and double perhaps even triple in value !
This is your last chance to buy in at these pricesThis is most likely the bottom and I don't think we'll break this resistance.
Good luck.
We are going flatThis 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 CGLDShort 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
buy trust me all inok so like wassaa wassa people iz ya boi here back with another brand spankin new idea!!!i kno my btc idea was a mess and i had caught a case of base rate fallacy! but this time is different!
this one is 100% certain to get yuu paid caaaash money!!!!!!!
THIS ONE IS A BUY! it is SURE to break out on or before JANUARY 29th!!
ALL IN ALL IN ALL TIME HIGH IS imminent !!!
look at all those caps, you can tell I am confident in this trade!
Im not sure if this qualifies as a big cup and handle on celothis has been beaten up lately
still seems not entirely hopless
im not sure if this qualifies for a cup or a handle quite frankly
target 3.80
Messy Cup and handle? I’m not sure cgld usdI’m not sure if this counts as a cup and handle
Target of $3.20+ if it breaks out?
Are buyers getting exhausted? Bearish DivergenceThe 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.
