Goldenbreakout

CELO : INCREASE VIEW

Long
Goldenbreakout Updated   
BINANCE:CELOUSDT   CELO / TetherUS
The last study view shows that CELO is in an uptrend
We will follow CELO and see if it's able to confirm above the 1 USD zone.

The main market is still on the breakdown on the BTC side.
Until now there is no bull market confirmed on BTC since BTC is still not able to confirm the 24K


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After the 8H update still interesting to follow this coin to see if it's able to make new gains.
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Celo still going depending on a positive trend, there is a good chance we could see coming time an uptrend view.
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Since BTC are on the breakdown, most coins did breakdown. CELO still holds them positive trend, Trends and study shows that there is still good chance for breakout coming time.
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CELO holds the high possibility to show coming time new price action out of this moment where most coins are into a breakdown trend.
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It's normal that CELO is still stable, we expect that it has still a high chance of breakout in the coming time.

we did make the same study on more coins and at last same trends did show to have an effect.

As long the coin showing interesting view for breakout we will follow it.
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It means not that it should happen exactly as this view, but it confirms the trend above the support and shows possibilities for breakout.

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After the 13H update: CELO seems still interested and to holding the support.
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The follow on this coin still keep going, since it can show a breakout view coming time. Trading is about patience and skill building with time.
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After 10H the market seems still to be in a stable range, the breakout we expect has still not gotten into a run. The idea is also to follow this coin as long there is still a trend that shows a high possibility for a breakout.

We will see with the next weekly chart if this coin is able to show some increase

Breakout target is above $1 USD
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The scan made for this month includes max next month. Depending on this scan and another study this coin shows a trend of breakout.

Celo is also a coin that did not build the confirmation volume for a long time since 2023, and there were coins that did better, and since it shows an interesting view we follow it for days for the high possibility of a breakout. It's not about that the coin must give today a breakout, but that there can be a change in the short term we could see an effect on price action for breakout.
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CELO is still on trend.
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Until now there is still follow for CELO.
Trading is about being patient and following the right coin with a high possibility for a breakout.
Comment:
After the 10H update, CELO is still interested in the high goal.
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