CELO 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...
Celo (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...
Hi guys CELO just Ended the (F) leg in 4th of March (Triangle) So We better Long it for (G) Wave If you want us to talk more about (G) wave (G)s are Really Fast and Strong Most of the times Did you notice the Celo Nowadays? It got really strong vs BTC in these last days Note that: There are 2 Scenarios for G Wave 1st: TP is Above $7.7 - in this Scenario we...
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CELO is behaving like a previous fractal but on a smaller scale. Even the recent spike & immediate reverse is similar. Also there are 2 H&S formations. It spiked up to reach the neckline of the bigger H&S but immediately retraced down to retest the neckline of the smaller H&S where it just broke out from. There will chance to accumulate positions inside the next...
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CELO forming uptrend pattern on 4hr timeframe. Goods for short
CELO brings DeFi tools to 6 Billion mobile users. It has been making an INVERSE H & S pattern while consolidating down in some form of falling wedge which is bullish by itself. It must hold 2.06 the apex of RS. Note the 2 Target prices at 4.90 & 6.90. (Note the red dotted median of Pitchfork is also near the 6.90 area, the measured move in case Inv H&S play out) A...
Hello there, The CELOUSD has a lower high that broke the daily low. Now the price is moving up, aiming towards this area of 2.93796556.. ok, what to call that, 2.93797? Since the candle structure is not so clear, the alert for bearish momentum is at 2.89761978. There is no bullish evidence until there is a higher low above the D-Low. 2.72654638 is the...
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With all the moving averages stocked together, a big move is coming for CELO. Wait for confirmation which direction it's gonna be.
CELO broke trough off the lower boundary of ascending channel. Asset broke trough the support level. Decline to support level at 3.25 is expected to happen.
CELO now still building energy to break 4.15 after bounce from lower uptrending channel. You may buy on pullback to 3.50 support. First target price at 4.80. 2nd target price at 6.90. Cutloss a little below 3.22. Currently in wave 3 after wave 2 bottomed at 1.311 last Jan 2021.
STRONG BUY SIGNAL FOR CELO TAKE PROFIT AT 6.687 STOP LOSS AT 4.28 Please do thumps up....if you like this idea. Thanks for watching.
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
CELO/CGLD alone is the only one of 6 digital assets promoted as top in class regarding decentralization, scalability & energy cost, by the World Economic Forum to have a total supply Market cap below $10B. The price target of ~$28 would place CELO with a Market Cap just shy of $9B. This would place it in the lower value end of it's fellow WEF tokens, ADA ($66B),...
Here I present the levels of interest for CELO, a well-backed solid layer 1 project. It hit my buy zone recently and struggled at 200DMA. The buy zone collides with strong volume support.
It can be seen on this chart that the moving averages (especially the 50 and 100MA (death-crosses) more evident) are following repeating moves while the 200MA moves steadily higher We can use this information to predict the price action within the channel placed I expect a small move upwards to the top of the channel and then rejection back to the bottom of the...