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Everything on the chart.
open pos: market and lower
target: 8 - 11 - 14
after first target reached move ur stop to breakeven
stop: w/o stop (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 6
risk is justified
Good luck everyone!
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$Celo is testing two strong supports, a horizontal one around $5.059 and a midterm trend line shown on the chart.
I do not see a reason to miss this long opportunity.
Don't forget money management.
Stop loss below the mentioned supports.
What is Celo?
Celo describes itself as an open platform that makes financial tools accessible to anyone with a mobile phone. The Celo Platform is decentralized, programmable, and customizable. It aims to enable a robust ecosystem of organizations, validators, and developers, to build an open financial system that helps their communities grow and prosper.
As you observe on the chart, after confirming on the pattern by a really good approximation, we expecting a major bullish movement from CELOUSDT. We expecting 2 major resistance in the way: first at the (7.9$ : 8.3$) and the other one would be around the ATH resistance which is about (11$ : 12$). It could take about 2-8 weeks, Extremely bullish to me, it could be...
CELO has a strong support at $5.5 and it can increase sharply in the near future from this zone to $6.5, $7.50, $9 and $11. But if it loses 5.5$ zone, we can buy it back at 4.5$
♻️Condition : If 1-Day closes ABOVE 5.5$ zone
🔴Buy : 5.5
🔴Sell : 6.5 - 7.5 - 9 - 11
♻️Condition : If 1-Day closes BELOW 5.5$ zone
🔵Sell : 5.5
From the small correction way of BTC, The expected pattern was not kept, so I get another prediction for this token. My desired target still will be high, I just hope it can be appear before the main correction from BTC after getting the new ATH (70K-80K).
This period is so sensitive, we have to be careful to check the on-chain data every time to make the decision. (NFA)
Our chart says: Major Resistance Ahead: Breakout or Correction?
We will know soon if this level will be too much for the price to rise or if it will be breached and offer us an opportunity for a breakout.
The way we work is simple: we follow many assets, study the charts and look at levels that can offer new entries for Long positions or retracement.
A coin that seems to move in silence. Not a lot of attention. Focus on world adoption of crypto, low cost defi with lots of collaborations and investments. Celo has what it takes to be a major player in the game.
Skipping fundamentals for a bit, let's look at the technicals. Looking at the 4 hour chart, Celo has been moving steadily upwards with some pumps on...
Imagine a world where there’s never a need for a physical bank… customer service… or staff of any kind. That’s not a wild science fiction dream anymore. It’s happening right now.
In what may prove to be among the most valuable use cases for blockchain, we’re witnessing the birth of a brand-new distributed financial system springing up to parallel,and ultimately,...
1. FIne not bad (RIsky)
reason for opening Trade NOW -= News
Reason for opening at 2nd point = Hourly Support & Dynamic Resistance (after the retest)
Reason for opening at 3rd point = Daily Support & Dynamic Resistance
Hello everyone 😃
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4 hr analysis
If it would go up ;first target is =8.3 , second target is =10.8
- Upward momentum may break the triangle pattern and cause continued upward pressure
- RSI moving above 20 && last day or two of price rising causing some expansion of the Bollinger bands = signs of short term upward movement
There is not much room for the triangle pattern to continue so if this short term trend continues and bullish sentiment in crypto overall...