✴️ Celo | Bottom Catch, Potential 2,300% To All-Time High

Here we potentially have a long-term bottom as Celo hits a new All-Time Low in June 2023.

After the ATL there is no follow through, bears are weak and all the indicators are starting to turn green.

Short-term we have months of higher lows and currently developing, a break of EMA10 as resistance; this is the weekly timeframe.

Any type of bullish action can lead to the break of the descending triangle marked on the chart and thus a bottom low confirmed.

A confirmed bottom can be significant as it implies that a new trend can develop.

👉 The next Cryptocurrency bull-market is expected to last around 1.5 to 2 years.

From a traders perspective, this is an amazing chart setup.
The risk is small, quite limited and can be easily defined... The growth potential is unlimited.

👉 Just to previous All-Time High we get a massive 2,300% potential or 24X. If we consider a new All-Time High, we don't know what to think or expect other than something great.

Patience is key... 2024 is just around the corner... Those staying around will be rewarded bigly.

Thanks a lot for your continued support.

Namaste.

Comment:

Here is CELOUSD on the weekly timeframe, up to 500% can be hit within the next 3 months (medium-term).

Notice how yesterday CELOUSD closed weekly above EMA10/21 and this week a strong bullish breakout takes place.

Looking at this perspective, it is easy to see that this is only the beginning of much more to come... Potential growth is good; Targets on the chart.

Namaste.