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CELO / TetherUS

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Breakout for CELO: Price Eyes $1.56 After First Hurdle ClearedA bullish breakout pattern on the 4-hour timeframe. This crescent-shaped breakout, also known as an ascending crescent pattern, indicates a potential price surge in the coming days. The token successfully breached a resistance level of $1.15, signaling a positive shift in momentum. The immediate target after this breakout sits at $1.38, which CELO has already reached. Closely watching the price action at this first resistance point. If CELOUSDT can decisively break above $1.38, further gains could propel the price towards $1.56. Conversely, a pullback from this resistance level could see the price retrace back down to the range of $1.23 to $1.15.
by Z4F4R
1
CELO to $7....... Without Worries hits 10k followers!A big thank you to all for following Without Worries. Truly remarkable so many are interested in the ideas I publish. Hope you all have a Merry Christmas and a Happy New Year! Ww To business.. On the above weekly chart price action has corrected over 95% since October 2021. A number of reasons now exist to consider a long position. They include: 1) Price action and RSI resistance breakouts. 2) Price action prints support on the bottoming red candle. (The large red candle the lower orange arrow is pointing to). Notice how the previous weekly candle closed on top of the bottoming candle? This is significant. 3) In addition to the bottoming candle price action prints support on past resistance. 4) Wedge breakout forecasts 12-15x return as measured from low to high wedge touch points (orange arrows). Is it possible price action falls further? Sure. Is it probable? No Type: Trade Risk: <=6% Timeframe for long: Yes Return: 1600% / $7
Long
by without_worries
14
CELO - Gorgeous buying setup!Dear my friends, With Celo, I am seeing one of the nicest buy setups appear on the weekly chart. When you look at the chart, you can see very clearly, the price on the weekly frame has just escaped the downtrend since October 25, 2021. And more specifically, last week's 2 candles formed a special Inside bar - pinbar setup to confirm the reversal and break the downtrend. In addition, the strong increase in buying volume is also confirmation of this break. Although above there is still some resistance. However, very quickly these resistances will become future support areas. Because BTC will soon have to correct and I'm afraid of missing out, I will use the DCA strategy from here and expect the target price range to be $2.8. For those of you who use leverage. You can go to setup as shown in the picture. This is just my sharing when I see such a beautiful setup. Absolutely not an investment recommendation for anyone. Hope it will help you! Best Regards,
Long
by DragonCaoB
#CELO Step 5 of 3 Elliott scenariosIn time D1 and W1, it is moving in a medium-term upward channel, which is currently completing wave 4, after which it should start wave 5 of 3, which can grow at least up to the range of 86 cents and then $1. to continue Therefore, note that this current wave should not enter the range of 0.572, in which case this analysis will be invalid. 🎯Frist TP: 0.86 🎯Second TP: 1$ 🛑Invalidation LVL: 0.572 ----------- Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.
Long
by UnknownUnicorn7266498
CELOUSDT Technical AnalysisGreetings, traders and crypto enthusiasts! 🚀 Today, let's explore the exciting possibilities within CELOUSDT (Celo Dollar against USDT) as the technical charts suggest the potential for a bullish ascent. Join us as we analyze key indicators and patterns, identifying the factors that may contribute to an upward journey. Technical Overview: 📈 CELOUSDT is currently presenting intriguing signals that hint at the prospect of a bullish movement. Let's delve into the essential technical aspects and uncover the factors that may contribute to an upward climb. Crucial Levels to Watch: 🎯 Resistance Breakthrough: Identify key resistance levels that, when breached, could pave the way for a sustained bullish movement. Breaking through these resistance levels is pivotal for confirming the initiation of an uptrend. 🚀 Bullish Confirmation: Seek additional supporting indicators or patterns that align with the bullish scenario. A convergence of signals can bolster confidence in the potential for a significant upward movement. Risk Management: 🛡️ While the technicals signal positive momentum, always exercise caution and implement effective risk management strategies. Set clear profit targets, consider protective measures like trailing stops, and stay informed about any market developments. Conclusion: In the dynamic realm of crypto trading, identifying potential bullish opportunities is crucial. CELOUSDT is currently displaying promising signals, and traders may find opportunities in the upcoming ascent. Keep a vigilant eye on the charts for confirmation of the positive trend. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always conduct your research and consult with a financial advisor before making investment decisions. #CELOUSDT #CryptoAnalysis #TechnicalAnalysis #BullishAscent #CeloDollar #CryptoTrading #Blockchain #TradingView #UptrendPotential
Long
by ecchi_QMA
✴️ CELO | Looks Bullish To MeI have my doubts about these "chart signals". I'll be honest with you... I have my doubts about this whole system, the entire market. Things are always moving based on pre-determined conditions rather than based on what we gather from the charts. We can have the strongest of signals and suddenly everything changes, the chart undergoes massive change. We can have the best of feelings, we can be full of certainty and then again, we entered the wrong pair, at the wrong time and we lose again. When this happens, over and over, how to proceed? Should we just give up or go back to basics and study? I can never give up, to be honest, I don't even know what that means. I do look at the chart and trust my guts, my intuition, what I see. CELOUSDT is now undergoing all those patterns and signals we continue to repeat but they can be worthless as change can happen without warning, in fact, without warning is how the market performs its tricks. Tricks or no tricks I trust my intuitions, my feelings, what I see... CELOUSDT looks bullish to me. Namaste.
Long
by MasterAnanda
1
CELO/USDT Ready for a Potential Bull Run? 👀🚀CELO Analysis💎 Paradisers, let's zero in on #CELOUSDT, as it's showing signs of a potentially significant move from a pivotal demand level. 💎#Celo is demonstrating an upward trend, indicating a likely bullish departure from its current demand zone. We anticipate a retest of the demand level at $0.587, especially with a significant supply zone looming. If #CELO holds firm above this threshold, it might herald a journey toward the major supply zone at $0.86. 💎If #CELO struggles to stay above the support level, it may signal the need for a strategic reevaluation. In such a scenario, we would look towards triggering a bullish movement from a lower bullish Order Block (OB). 💎Vigilance is key, as a descent below this level could precipitate a considerable bearish trend. 💎Stay vigilant and flexible, Paradisers. Your ParadiseTeam is dedicated to delivering the latest insights and strategic directions, ensuring you're fully prepared to manage these market dynamics.
Long
by MyCryptoParadise_Simon
4