#CELO/USDT market structure analysis#CELO
The price is moving within an ascending channel on the 1-hour timeframe and is adhering to it well. It is poised to break out strongly and retest the channel.
We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move.
There is a key supp
CELOUSDT 1D#CELO is ranging between the support zone and resistance zone on the daily chart. It is currently sitting on the support zone, and a bounce is expected. If that happens, the potential targets are:
🎯 $0.3479
🎯 $0.4236
In the mid-term, in case of a breakout above the resistance zone, the potential t
CELOUSDT Forming Bullish MomentumCELOUSDT is currently displaying a bullish momentum pattern, indicating a strong continuation of upward pressure in the market. The price movement has been gaining traction with consistent buying interest, showing that bulls are firmly in control. This setup suggests that CELO could be gearing up fo
CELOUSDT UPDATE#CELO
UPDATE
CELO Technical Setup
Pattern: Bullish Falling Wedge
Current Price: $0.248
Target Price: $0.410
Target % Gain: 65.55%
SEED_DONKEYDAN_MARKET_CAP:CELO has broken out of a bullish falling wedge pattern on the 4H timeframe. Current price is $0.248 with a target near $0.410, indicating a
#CELO/USDT market structure analysis#CELO
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.
There is a major support area in
#CELO/USDT market structure analysis#CELO
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.
There is a major support area
Celousdt trading ideaCELOUSDT initially broke out bullish from a falling wedge but faced strong rejection at the critical $1.67 resistance level, triggering a significant sell-off that retraced the entire breakout move.
Price has now retested the initial bottom, positioning the market for a potential double-bottom for
#Celo coin market structure analysis#CELO
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We have a bounce from the lower boundary of the descending channel. This support is at 0.262.
We have a downtrend on the RSI indicato
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.









