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),...
Here I present the levels of interest for CELO, a well-backed solid layer 1 project. It hit my buy zone recently and struggled at 200DMA. The buy zone collides with strong volume support.
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red fibo Level can_be 🐂, & under will be bearish Short to midterm . ~~N0 arrows. ~~ N0T trading Advise either +dyor
It can be seen on this chart that the moving averages (especially the 50 and 100MA (death-crosses) more evident) are following repeating moves while the 200MA moves steadily higher We can use this information to predict the price action within the channel placed I expect a small move upwards to the top of the channel and then rejection back to the bottom of the...
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
Let's blowout the shorts that have gotten comfy in CELO ONE MORE TIME since they can't resist re-shorting a parabolic spike grab a seat on-board or just kick yourself later for NOT
Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like...
we are approaching an interesting level of demand and we can easily bounce here, there is enough space to until the next decent resistance to try a 1 to 3 risk-reward trade
Entry at $5.27. Target $20. Stop @ $4.15. Almost 4x upside. Let's see how it plays out over the coming days/weeks.
Hit resistance at 5.60, bouncing back. On the way up to peak resistance over the next week.
nice retest of the resistence with an evening start reversal
Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like...
These triangles tend to breakout more than not, I could be wrong but I’m long Also it’s down around 50% and was recently bullish
Find and look up Page 17 of: World Economic Forum Cryptocurrencies: A Guide to Getting Started June 2021 You'll see here the assets chosen for the future. Price Projection $26 Share the wealth. I will.
Price should bounce back around 4.6 price range go up and break out from ascending triangle
Wouldn't be surprised to see it hit $8.50 soonish, just needs to break Trend resistance here with Volume. Stop loss is a close below below $4.72 hold level.
Celos is looking extremely bullish. Bounced off the 50 Ema, had a great day yesterday and I'm expecting continuation.