Today, I’m going to share something that’s a bit of a secret among those in the know. I will shed some light on the first secret today, which is the volume.
The first topic for today is the volume. What you see is a chart that’s a combination of 10 minor cryptos weighted based on the volume to create a single chart for us to analyze. This is part of my basket...
Currently wicking below the neckline on the right shoulder…I’m not 100% confident it will trigger a breakout on the first candle of the right shoulder to reach the neckline, so I arbitrarily moved the measured move line a few daily candles forward to give it some time to fight the neckline resistance…whenever we see that it has clearly triggered the breakout above...
this coin is wild because its sold nowhere besides coinbase and im not sure why. either way apparently the feds love it and here it seems like it regained support so hopefully it bounces here and my theory plays out.
Celo is picking up steam, it’s been a while since it’s once per month pump,
Recent news has sparked interest
Kick starter building on celo block chain
T mobile running nodes and holding celo
Celo is carbon negative block chain
Big celebrity names investing in valora app
CELO/CGLD alone is the only one of 6 digital assets promoted as top in class regarding decentralization, scalability & energy cost, by the World Economic Forum to have a total supply Market cap below $10B. The price target of ~$28 would place CELO with a Market Cap just shy of $9B. This would place it in the lower value end of it's fellow WEF tokens, ADA ($66B),...
CGLD / CELO consolidating into a large ascending triangle. Finding support at the confluence of the 21/50 days and trend line support. Volume has been drying up until today on this up move.
1.618% Fib extension is to $25, which seems crazy but a handful of names have been ripping like this. With a market cap of $2.2bn, doesn't seem unreasonable from a size perspective
Find and look up Page 17 of:
World Economic Forum
Cryptocurrencies: A Guide to Getting Started
You'll see here the assets chosen for the future.
Price Projection $26
Share the wealth. I will.
A more conservative idea to temper the giddy one I posted yesterday: the first of three vertical green bars painted on 30 August may be conceived as the start of a support trendline that's since manifested into the bottom of what appears to be a bullish flag formation.
If so, adding the difference between CGLD's/CELO's open...
After the pump a few days ago, price has consolidated and entered a period of accumulation. Price action on micro time-frames seem to suggest this is about over. I'm expected a scam wick down and then for price to resume its uptrend. I picked up a small bag here.
So I am the best purveyor of advice I
don't myself listen to it seems, because
2 days before CELO's--or as Coinbase
denominates it--CGLD's breakout to
10.8, I drew up an unpublished chart
which illustrated my reasoning for
thinking that it was due for a double-up
at least very soon (basically it seemed
to me it was at the tail end of a massive
bullish pennant that...