LongCelocoin
Long
CELO Broke a flag pattern What now? 👓Hello Traders. I hope you are having successful trades.
Today I want to talk about CELO. Here in 4H timeframe as you can see, price has managed to break out of a flag pattern and I expect it to grow from here.
1st target is 5$ which is a static resistance and also a psychological resistance and the 2nd target is around 6.3$ which is obtained from flag pattern rules.
Once price breaks out of the flag, it can grow the same as the first leg or the base of the flag. Stop loss is shown in the chart.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on CELO and don`t forget to comment what you think. ✌
Long
Celo - This project could be HugeI am following this coin for a long time. And still it hadn't failed to impress me. Project is good and working.
There is a cup and handle formation on daily chart. we can see some serious gains in coming days.
Long
Can it break out & key resistances to watch for next*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
