Trade ideas
CELOUSDT_Daily 4.5.2022Hello Friends...
The new analys...
analysis of CELOUSDT..
You can see the chart I marked the important areas
And I also specified two price targets...
👤@Mohamadhjz
📅 04.05.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
CELO, breaking an important resistance level.The following are machine translations:
The heavy volume in the front rose sharply, and it fell back when it met resistance at 4, leaving a long upper shadow.
The long upper shadow has now been repaired.
And break resistance 4.
The breakout continues to be bullish.
In operation, stand firm 4 and do more, see 5.
CELO is demonstrating an integrating bullish patternCELO price action is reflecting the higher-lows formation near below the crucial $3.20 resistance level.
The CELO bulls are well maintaining the coins price above the 20 and 50-day moving averages in terms of the daily price chart.
CELO holders are holding the price well above the 20 and 50-day EMAs on the daily price chart. Above the critical resistance area, the remaining 100 and 200-EMAs are likely to influence the directional trend.
Stoch RSI is seeing an overbought phase on the daily price chart. Recently, the moving line gave a bullish crossover and again continued to move towards the 100-level.
The Average directional index is appearing higher at 28-mark, reflecting the bullish momentum for the CELO coin.
The bulls need to push the price of the CELO token above the nearest resistance area of $3.20. On the other hand, if the bulls fail to manage the price above the previous swing low of $2.77, the bulls may again look for selling opportunities.
Support level- $2.80 and $2.0
Resistance level- $3.20 and $4.4
CELO, PUMP after a HUGE accumulation?After a false level breakout and liquidity collection, Celo now continues to rise.
A break up from such a huge accumulation zone could lead the price to a big PUMP.
The target for the global move is $4.7-5. Here is the nearest value zone and the psychological $5 level. At this price, most traders will close their positions and the price can pull back temporarily.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trad






















