A coin that seems to move in silence. Not a lot of attention. Focus on world adoption of crypto, low cost defi with lots of collaborations and investments. Celo has what it takes to be a major player in the game.
Skipping fundamentals for a bit, let's look at the technicals. Looking at the 4 hour chart, Celo has been moving steadily upwards with some pumps on news in between. Major pushdowns on the pumps but two doji stars on the last ones with successful bullish trends. Once again Celo is on the lower levels ready to take off. Should the reversal succeed, we could be looking at another pump to a new high outside the trend lines. From here we can expect a new pushdown before a real retest on the ATH, maybe as soon as the end of this year.
Entry levels anywhere between 6.20-6.75 seems like a good level.
First TP at 8.5-9.0 after that a quick pushdown before another take on ATH.
Price target 11 at the end of the year.
Not the most exciting coins for quick gains, but it has been bubbling for a while now and a push for ATH could come any minute now.
Happy to hear your thoughts! What do you think?
Skipping fundamentals for a bit, let's look at the technicals. Looking at the 4 hour chart, Celo has been moving steadily upwards with some pumps on news in between. Major pushdowns on the pumps but two doji stars on the last ones with successful bullish trends. Once again Celo is on the lower levels ready to take off. Should the reversal succeed, we could be looking at another pump to a new high outside the trend lines. From here we can expect a new pushdown before a real retest on the ATH, maybe as soon as the end of this year.
Entry levels anywhere between 6.20-6.75 seems like a good level.
First TP at 8.5-9.0 after that a quick pushdown before another take on ATH.
Price target 11 at the end of the year.
Not the most exciting coins for quick gains, but it has been bubbling for a while now and a push for ATH could come any minute now.
Happy to hear your thoughts! What do you think?