SnD and fib channel used. The fundamentals good, the TA graph good. So i think it must be going well, perhaps. Or maybe it will just going to be another boring accumulation
Hi Guys
Fundamental analysis suggests Celo with their smart phone focus for encouraging mass adaption of crypto could be one to watch, right now it has seen some serious gains, gaining over 167.8% compared to bitcoin in the last few days. It has lost some of those gains but I believe we are just at the beginning of what could be an even bigger bullish...
I've labelled the specific points that could represent a Wyckoff accumulation patttern. The 5 phases represent:
(A) controlling the downtrend to a stop
(B) buying and selling to create a trading range in order to accumulate as much as possible
(C) testing supply to conclude when accumulation has been maximized
(D) transitioning to an uptrend
(E) executing the...
CELOBTC is testing the weekly resistance with nice volumes. IF the price will have a breakout and turn the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily...
CELO at ATL rockbottom is a bargain either to swing, day trade or HODL. I am opting for the later targeting 100% from here. While FIB R is showing CELO is below 0.786 on the weekly, my built-in indicators just now gave a green light to go long.
A big thanks to my fellow here 'Cryptough' for bringing this jewel back to my attention....
Long CELO/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at...
Celo looks great against btc.
There are multiple bullish signals.
Nice green volume.
Completing wave D of the accumulation pattern, wave E could be very small, therefore it could be noticed on a small tf. A breakout of the resistance line could propel it very high.
On top of that it's backed by some fundamentals (recent partnerships).
We could see a trend change...
the price found the bottom and now the price starts to grow. If the price will have a breakout from 4h resistance, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡...
Long CELO/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at...
The price is ranging from few days. IF the price will have a breakout upward and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily...
