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CELO / TetherUS PERPETUAL CONTRACT

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Is it time to play the CELO at support?🎶''Global payments infrastructure built for mobile''. Blockchain payments combined with mobile phones is music to our ears.🎶 Can CELO finally play the tunes though?🎺 With the recent great news from Germany and the price finally at support, today could be a great entry for a long term hold or a short term leveraged trade. Celo is global payments infrastructure that makes financial tools accessible to anyone with a mobile phone. www.coindesk.com
Long
by FX_Professor
1
CELOUSDT (CELO) - BULLISH UPDATE ANALYSIS 🔎 - This is an update on my previous analysis on CELOUSDT that got invalidated. - CELOUSDT has been on a mid-term uptrend. - The uptrend is supported by the ascending trendline support (ATS). - Price hit a swing high and retraced. - The retracement is resisted by the descending trendline resistance (DTR). - Breakout above the descending trendline resistance could be a bullish signal. BUY ENTRY ⬆️ - Breakout above the descending trendline resistance. - Retest of the descending trendline resistance after the breakout. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Horizontal resistance level (R3). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the ascending trendline support.
Long
by Chibuike_Odoh
CELOUSDT (CELO) - BULLISH SETUP ANALYSIS 🔎 - CELOUSDT has been on a mid-term uptrend. - The uptrend is supported by the ascending trendline support (ATS). - Price tested the ascending trendline support. - Price action is printing a pennant (P) pattern. - A pennant pattern is a trend continuation pattern. - A bullish continuation pattern in this case. - There's a breakout potential. BUY ENTRY ⬆️ - Stop limit entry : breakout above the pennant pattern's inclined resistance. - Limit entry : test of the pennant pattern's inclined support. - Market entry : current market price (CMP). TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Horizontal resistance level (R3). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the pennant pattern's inclined support and the horizontal support level (S1).
Long
by Chibuike_Odoh
1
CELO/USDT Move incomingCelo has broken back into the rising channel after a solid pump. Within the next 4-8hrs a trend for celo will be established. If the bottom trend line of the channel holds it will prove to be a good entry area. If the price drops and closes below the bottom trend line then we could see further side ways action. A good entry to accumulate celo is the .5 fib level since it has proven to be strong support. If price falls below that, then celo will be in a short term bearish trend
by drozizi
4
CELO Market Cap Reaches $1B, Also Framed An ATH Of $7.24CELO coin price traded at $5.97 with a gain of 32% in the last 24-hour and 35.31% up in the weekly time frame. Furthermore, CELO bounced from the support of $3.85. In contrast, the market capitalization stands at $1.22 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above all the EMA. RSI index showcases a downward slope. Moreover, the price movement can be towards the resistance of $7.26 in future trading sessions. Resistance: $7.26 Support: $3.85
Long
by tcr_thecoinrepublic