Celo is picking up steam, it’s been a while since it’s once per month pump,
Recent news has sparked interest
Kick starter building on celo block chain
T mobile running nodes and holding celo
Celo is carbon negative block chain
Big celebrity names investing in valora app
we are approaching an interesting level of demand and we can easily bounce here,
there is enough space to until the next decent resistance to try a 1 to 3 risk-reward trade
On the hourly celo is fighting for the 200 Ema. OBV is showing signs of life and we have a bullish divergence on the vumanchu indicator. Perhaps a reversal.
After the pump a few days ago, price has consolidated and entered a period of accumulation. Price action on micro time-frames seem to suggest this is about over. I'm expected a scam wick down and then for price to resume its uptrend. I picked up a small bag here.
So I am the best purveyor of advice I
don't myself listen to it seems, because
2 days before CELO's--or as Coinbase
denominates it--CGLD's breakout to
10.8, I drew up an unpublished chart
which illustrated my reasoning for
thinking that it was due for a double-up
at least very soon (basically it seemed
to me it was at the tail end of a massive
bullish pennant that...
Pretty clean and simple setup. Celo has been one of the biggest laggards so far, but it has been listed on Coinbase, has big backers and recently got a big investment by Deutsche Telekom.
Overview
- Overall, could have an ascending triangle or triple top pattern occurring and whatever pattern it is will determine future price bounce. Let's start from the top!
Price Chart
- If price breaks above the 20MA(green) and 50MA(yellow), breakout could occur. Especially if the 20MA can get above the 50MA
- Both patterns are marked on the chart:
*If...
CGLD rocketed up to 5.0 on 3/29 and pull back. It has since made a nice rounded bottom - a bullish pattern. Now it’s building up pressure right below the 5.0 resistance, ready to explode up. First target is the Fibonacci extension of 1 and resistance at 5.6.
🍻
rising channel with bull flag at the top? target of 6.70 or so
break out from all time high with volume
bitboy crypto and the rest of the world starting to notice this coin
lots of big name money backers
a real use case
a new coin under the radar reddit has only about 1500 followers
bullish fundamentals and chart
im holding for a while maybe trade half my position
Following its recent increments and breakouts after consolidation, each time the period between has increased in frequency and become shorter. Holding closer to its peak.
CELO is due to launch its EURO stablecoin for it's network in March. It is a network that is aiming to enables crypto payments to and from mobile numbers instead of long addresses and wallet set...
Could we see a $5 GCLD by March? In my opinion it is possible. Here are some crucial support lines. We have a confirmed uptrend forming what could be a Cup for a Cup & Handle. There is a $2.8million sell wall at $4.00. I've noticed that CGLD seems to move when other atl coins dip, I'm going to watch this more closely. There was a blow off to almost $4 today....
