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CELO / TetherUS

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CELOUSDT trade ideas

CELO- Major Resistance Ahead (Breakout or Correction?)Our chart says: Major Resistance Ahead: Breakout or Correction? We will know soon if this level will be too much for the price to rise or if it will be breached and offer us an opportunity for a breakout. The way we work is simple: we follow many assets, study the charts and look at levels that can offer new entries for Long positions or retracement. CELO had offered us one of those fantastic trades (allow me to say epic) where we called a breakout perfectly the price went 150% higher in 2 hours (!!!) before we called the short nicely on it's way back to earth... Assets like CELO have interest both for the Long run but also for those looking for volatility (day traders) alike. So yes, we are on the lookout and what remains to be seen is if CELO will be able to break over or fail at this upcoming resistance. Volatility inbound.. the FXPROFESSOR
Long
by FX_Professor
2
CELOUSDT - TIcker RequestIf we look at the candle close we can see that we are creating an ascending triangle which IMO eventually will lead to a bull break. It is possible that we first will set a higher low on the rising trendline Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from the front page because there are so many ideas on the platform and the algo picks the one with more likes 🤖🤖. I think once I have around 20 likes/idea my idea will be shown in front 🥳🥳. It would be awesome if you could like my idea, (only if you really like it of course) 🤪! I believe that the more we can interact with each other, and share thought about an idea, the more we can learn! 👩‍🏫🧑🏾‍🏫👨🏻‍🏫 Furthermore, I made a challenge for myself, I will add 1 idea for every new follower🦹‍♀️ So if I have 1 follower each day, I will add 1 idea. If I have 10 followers, I will add 10 🏌️‍♂️ It’s fun for me and you! More followers = more ideas = powerful community! 💪💪💪 Besides, all the ideas are … FREE 🥳🥳🥳 ⚠️⚠️ If you want to know how my previous ideas played out, > push the play button on my previous ideas and check it out 🕵️🕵️ Is there a ticker you want me to look into? Let me know in the comments below ⬇️⬇️⬇️
by CryptoColugo
1
CELO TARGET 30-40 usd for Q1 2022 HyperboomImagine a world where there’s never a need for a physical bank… customer service… or staff of any kind. That’s not a wild science fiction dream anymore. It’s happening right now. In what may prove to be among the most valuable use cases for blockchain, we’re witnessing the birth of a brand-new distributed financial system springing up to parallel,and ultimately, rival the traditional financial system. I’m talking about decentralized finance (DeFi). And it will do for finance what the internet has done for so many other businesses: Replace a high-cost middleman with a low-cost one.DeFi uses cutting-edge blockchain technology to slash costs by doing away with the need for trusted third parties. Eventually, it’ll make banking, borrowing, lending, and investing more accessible and cheaper for billions of people. That’s where our first pick in this special report comes in: Celo (CELO).Celo gives anyone in the world with a smartphone access to public blockchains and financial services such as banking and lending.Celo is designed for mobile use and offers speed, transparency, and low costs. By using phone numbers as public keys instead of a long, random String of words and letters – that’s almost impossible to remember and too easy to input incorrectly – it aims to reduce one of the main barriers of entry to crypto. Today, there are nearly 4 billion smartphone users around the world. And Celo opens the doors to new possibilities to every one of them, like DeFi applications and payments. But where it’ll really make a difference is with those who are locked out of traditional finance. Take, for instance, the nearly 2 billion adults around the world who don’thave access to financial services.Of these individuals, an estimated two-thirds own a smartphone. That’s over 1 billion potential users who could use Celo for financialservices previously unavailable to them. Celo has also gotten support and interest from many companies around the world. Today, over 140 projects and companies are expanding on its ecosystem.One of its latest partnerships is with Deutsche Telekom, the largest telecommunication provider in Europe by revenue, with over 242 million mobile customers.The mobile carrier will allow validators on the Celo network to send verification text messages to its users. This improves the security and reliability of decentralized phone verification, which is what makes the Celo blockchain easy to use. In addition, T-Systems MMS, the subsidiary of Deutsche Telekom, will operate a validator group to help secure the network and further develop Celo’s infrastructure.To date, Celo has raised over $65 million from several big players in the industry, including Polychain Capital, Coinbase Ventures, Dragonfly Capital, LinkedIn co-founder Reid Hoffman, and founder of Twitter and Square Jack Dorsey.These are just a few of the many institutions and individuals backing Celo’s journey to become the premier decentralized global payment infrastructure for entrylevel users. The Celo Hyper Boom Remember, a Hyper Boom occurs when you have a massive influx of new users coming into crypto. Catch-Up Coins are some of the most sensitive coins to usage spikes. We find the best Catch-Up Coins by buying into projects that are seeing explosive usage, but their price action is either trending down from its peak or trading sideways. When CELO first came on our radar, its price had plunged 70% from its April peak. Since then, it’s seen an increase in usage and its price has rallied (see the first chart above)...You can see the increased usage in the second chart above...As you can see, the price action is not telling the whole story. Now, CELO has begun to move up, which means it’s in the initial stages of its Hyper Boom phase.But we think there’s a much larger move ahead in the coming weeks as Celo launches its cross-chain bridge to Ethereum. This will enable users to move assets between the two networks.In the past, an efficient bridge to Ethereum has proven to be a key growth element for other blockchains. And we expect the same for Celo. As mentioned above, there are about 4 billion smartphone users. And 1.3 billion of them are unbanked. This makes them prime targets for Celo’s services. Let’s say Celo can capture 15% of unbanked individuals who own a smartphone – or about 200 million users – over the next five years.If each of them makes just one transaction per day… the network would process over 73 billion transactions per year.Now, let’s assume each transaction costs one cent. And it’s paid in CELO. That would translate to roughly $730 million in yearly demand for CELO.To get a sense of what this means for the price of CELO, we can compare it to Ethereum.In August, Ethereum users spent nearly $700 million on transaction fees. That’s about $8.3 billion in annual demand for ETH.Ethereum ended August with a $404 billion valuation. That’s about 49 times the annual demand for ETH ($404 billion / $8.3 billion = 48.7).Based on our forecast above, if we give CELO the same multiple as Ethereum… its value would be about $35.5 billion ($730 million x 48.7).At a market cap of $35.5 billion, each token would be worth $144.05 based on the current token supply… or a 2,747% increase from today’s price.That’s enough to turn a $500 investment into $14,234. And every $1,000 investment into $28,468.And remember, this estimate only assumes Celo captures 5% of smartphone users (banked and unbanked). If Celo could double that projected market penetration rate… under a blue-sky scenario, each CELO would be worth $288.10.That’s a 5,593% increase from today’s price, enough to turn $500 into $28,468 and $1,000 into $56,936.It’d take nearly 47 years to make those types of gains in the stock market. By adding CELO to the portfolio today, we’re investing in the infrastructure that will improve financial services for the world’s unbanked population. Action to Take: Buy Celo (CELO). Buy-up-to Price: $12 Stop Loss: None Buy It On: Coinbase (Under the ticker CGLD), KuCoin, Binance
Long
by MichalMajzlik
2
CELOUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in a daily time frame. As you see, the price has strongly broken the resistance line and stabilized above it. We expect it to be able to touch our target. We drew a support line that the trend may hit it and move towards the target again. We can place a purchase order at this point and at the point where the support line is drawn. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
by MarsSignals
CELOUSDT Daily TimeframeSNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL. ENTRY PRICE BLACK COLOR MOST PROBABLE SCENARIOS TARGETS GREEN COLOR LEAST PROBABLE SCENARIOS TARGETS RED COLOR TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE. DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING. It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave. The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe. Consider those points and you will have a huge advantage in the market. There is a lot more about this strategy. It can predict possible target and also give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts. START BELIEVING AND GOOD LUCK HADIMOZAYAN
Long
by hadimozayan
CELOUSDT Long Can It Break ResistanceDraw up at 1hr Set SL and TP. Happy Trading everyone :) ALT.DIGITAL - Empowering individuals to share, network and learn. We want individuals to help build a creative and ever-evolving platform. A library of open-source content & a community to learn and collaborate. ALT.DIGITAL has empty seats, blank pages, fresh rolls of film, and too much silence. This is for your words, your sound, your scribble, your script, your pictures.... We want to build and support a community of creatives. A community that becomes a unified collective.
Long
by HiHoCrypto
CELOUSDT Technical Analysis ⏳ Spot 💎 CELOUSDT has been moving along the Bullish channel and has been making HHs and HLs. It has broken above an important resistance level and it is expected after the retest it will go higher. 🏁 Short Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at market or 6.640 ☕️ TP1 8.500 🍺 TP2 9.300 🍻 TP3 10.000 🍾 TP4 11.000 🍷 TP5 13.000 🍸 TP6 14.300 🍹 TP7 15.400 🎁 TP8 16.700 🚫 SL 5.500 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals