There is our lovely formation
Symmetrical triangle on CELO/USDT.
There was a strong bullish sentiment before the price entered into consolidation.
Then price has drawn symmetrical triangle formation oh 1h frame.
According to Elliott Waves theory Wave D was done and then price broke resistance level after a small correction.
We are expecting the...
maybe here it looks like a perfect falling wedge pattern maybe you can buy in the white box (area only) it doesn't have to be right because there is no analysis that is 100 percent correct, xD.
maybe after break it will be big soon
The price tested the daily resistance and got a rejection. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure ->...
There is one more interesting formation for you.
Descending triangle on CELOUSDT.
Previous bullish trend was broken and price started to fall. Now the price is in a consolidation.
According to Elliott Waves theory Wave D is done and now the price is heading to Wave E.
Follow the chart and look for the breakout...
Hello Traders. I hope you are having successful trades.
Today I want to talk about CELO. Here in 4H timeframe as you can see, price has managed to break out of a flag pattern and I expect it to grow from here.
1st target is 5$ which is a static resistance and also a psychological resistance and the 2nd target is around 6.3$ which is obtained from flag pattern...