CELOUSDT trade ideas
Celo has formed cypher pattern with shooting star candlecypher harmonic pattern:
AB=0.61 XA
BC=1.41 AB
tp1=0.78 XA=$3.88
tp2=1.13 BC=$2.95 *$2.5 maybe sufficient target*
tp3=1.6 BC=$2
tp4=2 BC=$1.5
CELO May Give Short Term Gains Upto 50%Celo coin price traded at $3.94 with a gain of 3.33% in the last 24-hour. In contrast, the market capitalization stands at $39 million. Technically, investors can perceive a negative crossover in SMA for a short while. Moreover, the movement of price can be towards the resistance of $5.58.
Resistance: $5.58
Support: $3.62
CELO Market Cap Reaches $1B, Also Framed An ATH Of $7.24CELO coin price traded at $5.97 with a gain of 32% in the last 24-hour and 35.31% up in the weekly time frame. Furthermore, CELO bounced from the support of $3.85. In contrast, the market capitalization stands at $1.22 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above all the EMA. RSI index showcases a downward slope. Moreover, the price movement can be towards the resistance of $7.26 in future trading sessions.
Resistance: $7.26
Support: $3.85
Deutsche Telekom invests in CeloIs it too late to invest in Celo ?
Deutsche Telekom has invested in Celo, a blockchain payments platform that allows mobile phone access to “decentralised finance” projects that allow users to bypass traditional financial firms, the company said on Tuesday.
It did not disclose the size of the investment.
Deutsche Telekom has also bought an unspecific amount of the Celo digital token used on the platform, it said, following major firms such as Tesla Inc to hold cryptocurrency in their coffers.
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CELO- Our 2nd Quarter pick is 30% higher todayCello is a project we have liked to invest in, we also called it one of our 3 'Second quarter picks'.
Well, today it is 30% higher and looking great for more (maybe not today but very soon).
Fundamentally it combines mobile technology and blockchain currency/transactions- something like what Libra (Facebook) would like to be.
CELO: Big bullish signalCELO broke out of this major resistance. I believe the price can go up 50 % or more from now on.
CELO is ready to decide where to goI would stop at red area but I think CELO deserves to be higher than 10usd in this garbage coinmarket.
CELO Broke a flag pattern What now? 👓Hello Traders. I hope you are having successful trades.
Today I want to talk about CELO. Here in 4H timeframe as you can see, price has managed to break out of a flag pattern and I expect it to grow from here.
1st target is 5$ which is a static resistance and also a psychological resistance and the 2nd target is around 6.3$ which is obtained from flag pattern rules.
Once price breaks out of the flag, it can grow the same as the first leg or the base of the flag. Stop loss is shown in the chart.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on CELO and don`t forget to comment what you think. ✌
Great trade🔥Hurray, wolves🔥
There is our lovely formation
Symmetrical triangle on CELO/USDT.
There was a strong bullish sentiment before the price entered into consolidation.
Then price has drawn symmetrical triangle formation oh 1h frame.
According to Elliott Waves theory Wave D was done and then price broke resistance level after a small correction.
We are expecting the growth of the price.
So follow the chart and look for the best price to enter carefully.
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CELO's triangle breakoutThe triangle has been broken out to the upside. in order to open buy position we will wait until the price drops to the triangle upper side (around 4.4).entry and exit points are specified.
CELO is about to break outThis bullish pattern is probably coming to an end. I see a nice consolidation zone. If it breaks out then the price is surely going up.
Stop-loss: 4.4$
Take profit: at least 5.15$
CELOUSDT 1DCELOUSDT UPDATE
maybe here it looks like a perfect falling wedge pattern maybe you can buy in the white box (area only) it doesn't have to be right because there is no analysis that is 100 percent correct, xD.
maybe after break it will be big soon
CELOUSDT is waiting for the breakout 🦐The price tested the daily resistance and got a rejection. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
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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 Breakout Imminent?$CELO looks set to break out of it's descending wedge soon.
Short term targets are $5.00 & $6.00 respectively.
Please like and follow if you found this idea helpful. Thanks! 🤑
*Not financial advice, just a prediction.*
CELO is making a first move towards higher prizes.Note that $CELO is very cheap atm. We are hitting support and resistance zones every time. Just passing it on, don't know if this time we will break out of the resistance zones.
CELO good set upHi traders!
I found nice setup on CELOUSDT
-Horizontal level support(grey)
-Price is strongly holding zone of the volume candle(violet rectangle)
Expecting CELO to start moving up 🚀
Trade safe
CELO/USDT - Long potential due to trend reversalCELO/USDT pair has formed a double bottom on the 1H timeframe.
Even though the pattern might not look reliable at first, a key thing to note is the RSI divergence
While the price has formed a lower low, the RSI has moved upwards. This indicates that the bulls are gaining momentum
The price has broken the neckline so the pattern looks successful. The ATR value is low which indicates that volatility is going to increase
Look to time your entry around support using RSI for momentum based swing trades
