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CELOBTC

CELOUSD (CELO) - UPTREND CONTINUATION ANALYSIS 🔎 - CELOUSD brokeout above the bullish flag resistance and hit an ATH. - The market is currently undergoing retracement. - Price is testing the flip horizontal support, 0.618 fibonacci retracement level and ascending trendline support. - The retracement is resisted by the descending trendline resistance. - There's an uptrend continuation possibility. BUY ENTRY ⬆️ - Aggressive entry (risky) : market price (now). - Conservative entry : breakout above the descending trendline resistance. TARGETS 🎯 - Horizontal resistance level (R1). - ATH (all-time high) resistance. - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the ascending trendline support and 0.786 fibonacci retracement level.
BINANCE:CELOUSDLong
by Chibuike_Odoh
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