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CELO / UST

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CELOUST trade ideas

CELO - "LONG LIKE DONKEY KONG"Shout out to Mr. WW for the title quote. Where do I begin with this one... 1) RSI in oversold zone. Applies to both USDT and BTC pairs. 2) Price quickly and in succession printed out of Bollinger Bands due to the recent FUD. Move is unsustainable and will have to reverse back into BB (upwards). Applies to both USDT and BTC pairs. 3) Multiple indicators flashing bullish on multiple timeframes. Applies to both USDT and BTC pairs. 4) Descending channel as drawn. Price currently bounced on its bottom. 2D USDT Pair 2D BTC pair 1W BTC pair Can the price fall lower? Sure. Is it probable that it goes much further down? No. As always manage risk and minimize leverage. Good luck.
Long
by unknownpower
3
CELOUSDT - Oversold (2x - 5x return)Consider the 2D USDT pair above: 1) RSI is in oversold, "buy zone" 2) Bullish divergence as drawn 3) Price and RSI breakout on 3D BTC pair 4) Dragonfly doji printed on 5D BTC pair after large downtrend, signifying trend reversal Targets (initial): 1.5 - 1.6 - 2.3 USDT Timeframe: Weeks (don't know exact number) Leverage: 3-4x ( if we get a green candle close above the dragonfly's close in the 5D BTC pair chart, then chances of upside are even larger. Carefully manage risk. )
Long
by unknownpower
2
Celo - Breakout & UptrendDear my friends, Over the past few days, I have continued to look for coins with strong upside potential in the bull market. I have seen Celo. The price of Celo is still in a downtrend. But broke the downtrend since March. Currently in the weekly frame, the price is in the oversold zone since May. There was a clear divergence between the price line and the RSI line. I expect in the near future, the price will touch $0.88 - $1,096 and $2,319 Let's observe! Always put SL if you want to enter Thanks very much!
Long
by DragonCaoB