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CELOBTC

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-BTCCoin gives some signs of reversal in pair to BTC. 1D Locally on the daily chart you can see almost formed head and shoulders pattern, but in simple terms, we have a consolidation, where the trading is now, the exit from which may give a point of entry. Since we have a local uptrend, the priority is to go long, at shorts the coin is also traded on some exchanges, but in pairs to the USDT. 12H Potential entry point to go long when the price comes out of consolidation, when it breaks through the 4700 level and confirms support. Stop in that case short behind the breakdown bar, a more conservative stop under the consolidation. Shorting scenarios are not considered in this idea, because this is another story. If you liked this article, please like it and subscribe, so as not to miss anything. Always use STOP, and do not use a leverage higher than x3. A trader must always have tomorrow.
by Kirill_Gaitan
CELO inverted H&SCelo is forming Inverted Head and Shoulders 🤷. If price breaks the Neckline 3.752 I think there is chance for run to 5.45 and even higher. ENTRY : local high @ 3.8 STOPLOSS (SL) : Right Shoulder @ 2.77 TARGET (TP) : Inverted H&S target projection @ 5.45 REWARD RISK RATIO (RRR) : 1.6 INVALIDATION : when SL level hit Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
2
CELO, it's worth waiting for clear preconditions. CELO is in a big value area. It is worth highlighting that the price has broken the trend line and tested it as support. This is a good signal. At the moment the price is in the middle of this range and there are no clear prerequisites to open a position. In case of a squeeze and breakout of the key level, there could be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
3
Celo 8 hour bear trap confirmed!CHART OVERVIEW - Celo / BTC (8 hour chat on binance) ANALYSIS - Celo travelled through a long falling wedge after breaking out and currently moving sideways within an ascending triangle. After a fakeout to the downside, spring off of support at 0.000094; Celo is now on track for more upside. CONCLUSSION - The chart shows key resistance levels, first challenge is 0.00011456, clearing that Celo is clear to reach 0.00015; After that the price could easily double based on previous price levels. What do you guys think, Bullish or Bearish? DISCLAIMER - NOT PROFESSIONAL ADVICE
Long
by cmpkpersonal
Celo is a late bloomer, but explosive when ready!CHART OVERVIEW CELO / BTC - WEEKLY CHART A) Fib circles showing price support and resistance points. B) Fib levels with the 1.0 and 1.618 shown in yellow and green respectively ANALYSIS The price is currently hugging the green 0.618 circle. It is showing a strong level of support. CONCLUSSION CELO is volatile but has a lot of potential in my view, it has been in a very long price discovery mode, I would expect it to go a a strong bull run and hit the 1.618 price level at 0.00034391. What do you guys think, is Celo about to pop? *DISCLAIMER: Not professional advice.
Long
by cmpkpersonal
1