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Celo

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 long idea LTF 15 minute chartThis is a long idea for CELO on a lower time frame, more immediate trade setup. Sorry for the mess with so many lines but I love it when the fibonacci levels line up nicely with historical price action and vice versa of particular importance here Id say is magging fib for the leg down we see, I can see price travelling back to the 0.5 and 0.618 lines quite comfortably (targets beyond that would need to be managed sensibly, maybe with trailing stop losses. So yes, the first option would be to long here, with stops below the swing low here. The horizontal resistance is of most importance, but I drew on the diagonal (almost like a neckline) because I thought it was interesting that it was there, and also that the diagonal resistance is going to possibly be where the horizontal resistance aligns when price action crosses, gettting a double whammy. The second option for a long and stops here is to wait patiently for the break and then to simply long the restest of the horizontal resistance as support.
Long
by t_trad_coach
Celo - Clean level breakdown with historical minimums follow-upReasons to take short ⭐️ We are in a bear trend ⭐️ Trendline is clear ⭐️ Level is 16 days old ⭐️ Volume at top ⭐️ Pullbacks are getting smaller ⭐️ 7th touch ⭐️ 32 ATR Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
1
CELOUSDT TREND LINE Nice to meet you, everyone I'm an alt trader I'm analyzing and recommending things that are similar to my personality among many alt coins ---------------------------------------------------------------------------------------------------------------------- All the upward trends were broken and renewed after breaking the lows. It's never a safe coin, so you can't sell it. Stable trading can only be carried out if it rises above the orange thick upward trend. Currently, the red upward trend will be broken and supported by the blue downward trend.
by PH0PH0
2
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 Price Analysis — April 6CELO resumed a bearish momentum on Wednesday, as the cryptocurrency erased most of the gains it accrued in April. The payments cryptocurrency fell below the $4.000 psychological level a few hours ago, after a sharp rejection from the $5.218 peak, its highest point since January 14. In a way, this correction was a much-needed one following the 62% parabolic rally recorded between April 1 and 3. That said, I foresee a bearish slowdown at the $3.850 figure as trading conditions enter oversold territories on the 4-hour stochastic indicator. As such, we should see a return to the $4.000 psychological level in the coming hours, followed by a drawn-out consolidation around that line and an eventual rebound over the coming days. Meanwhile, my resistance levels are at $.4.000, $4.500, and $5.000, and my support levels are at $3.500, $3.000, and $2,500. Total Market Capitalization: $2.01 trillion Celo Market Capitalization: $1.6 billion Celo Dominance: 0.08% Market Rank: #64
BINANCE:CELOUSDShort
by Mr_Wogbe_Alex
1
CELOUSD The most structured Channel Up in the marketCelo (CELOUSD) has seen a very strong rise since the start of the month that resulted in breaking above the 1D MA200 (orang trend-line) for the first time since January 17. The wider pattern of roughly the last two years has been a Channel Up, with highly structured Higher Highs (tops/ red arrows) and Higher Lows (bottoms/ green arrows). In fact the past two 1D MA200 crosses following a Channel Up Higher Low, have been the final signal for the rally towards the new Higher High. That is technically around the 1.236 Fibonacci extension in relation to the previous top. Similarly the Higher Lows are around the 0.236 Fibonacci retracement level. At the moment the 1.236 Fib ext on the current wave is around $16.68 but if you are long on Celo it might be safer to start taking profits as soon as the price hits the Higher Highs trend-line of the Channel Up. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:CELOUSDLong
by TradingShot
1