CELO - ridiculous move soonOn the above 5-day chart price action has corrected over 90% since the sell signal at $7 last September (not shown). A number of reasons now exist to be bullish , including:
1) The ‘incredible buy’ signal prints (not shown).
2) The breakouts of Price action, RSI , and Money Flow ( MFI ) resistance.
3) Regular bullish divergence. Multiple oscillators are printing bullish divergence over a month long period.
4) On the BTC pair price action recently bounced off the golden pocket (see weekly below).
5) On 'what if' list.
Is it possible price action falls further? Sure.
Is it probable? No and no - look left!
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know.
1-week BTC pair on golden pocket
CELOUSDT trade ideas
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/USDT 4HOUR Analyst ✌🐟Hello Dear Member TradingView ⚜
The price is reacting to the last support zone of $0.7 drawn in this currency, it has hit this green zone several times which has pushed the price higher.
If it is supported in this green area and the upward movement of the price leads to the breaking of the red trend line at the level of $0.8, it has the ability to realize the targets of $0.85 and $0.875.
Otherwise, wait for the update of this cryptocurrency when the last support area is lost.
Arztoday ☸
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
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
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
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.
–––––
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, head and shoulders bottom patternThe following content is machine translation:
In the 4-hour chart, it has broken through the 1 resistance level, and the head and shoulders bottom pattern has broken through the neckline, so continue to be bullish.
The fast and slow lines and energy bars of the indicator macd run above the zero axis. SRI has reached near overbought, turned its head and stepped back down and is in bullish territory.
In terms of operation, the 4-hour chart fell and stabilized and was much lower, and looked at around 1.2.
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