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cmpkpersonal
Dec 30, 2021 11:47 AM

Celo 8 hour bear trap confirmed! Long

CELO / BitcoinBinance

Description

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

Comment

Strong performance by Celo, 0.00011456 broken after a small retracement; next resistance point is 0.00015 dollars.
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