Hello Traders! CTDave here again with another daily price analysis chart with CELO.
As you can probably see, in the long term we are bullish. There is a channel forming.
Short term we are in a breakout triangle.
Thanks for reading!
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Note: I am not a financial advisor, please do not trade solely based on my trading decisions. Do your own research or consult a professional financial advisor before conducting a trade.
u sure bearish. if btc pump we can see 2.10 easily?
CTDave
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@pettee075, short term bearish, but as you can see, long term bullish; $2.70 next resistance area
pettee075
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thanks for sharing. how much are we going down?
CTDave
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@pettee075, You wouldn't know at this point. If you look at the resistance line (thin red) you would know that it's gonna retrace when it reaches that point.
pettee075
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Guess we going up
CTDave
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@pettee075, maybe not at this moment, but someday we will go up
CTDave
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what's the update on CELO?