Trade ideas
CELO / USDTAs you can see in the chart CELO in Daily time frame it was in this pattern and it could break it and retest it
Since I do trading based on patterns and for short term just use my analysis for short term
IN my opinion if we can break 5.6 the Fibo we can move higher
This is not financial advice USE STOP LOSS
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)
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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.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trad






















