CELO Coin Analysis
In the 1W time frame, CELOUSDT is forming a falling wedge, a bullish pattern. RSI and Stoch RSI are both trending upward, indicating strong momentum. The price has nearly completed a retest around the 0.5566 zone, signaling potential for an upcoming pump. With this setup, CELOUSDT's next target is around 5.3899. The technical indicators and price action strongly support this bullish outlook, giving me high confidence in this prediction.
CELO is trading within a descending triangle, repeatedly facing rejection at the resistance trendline. The Ichimoku Cloud adds an extra layer of resistance above the triangle. A clear breakout above both the triangle and the cloud would confirm a bullish trend. Until then, the consolidation suggests cautious trading, as a breakdown below the triangle could lead to further downside, while a breakout could signal strong upward momentum for CELO/USDT.
On the 1-week timeframe, the Others Market Cap shows a clear Cup and Handle pattern, signaling bullish momentum. After retesting the $182.581B zone, the next target is $700B, suggesting a significant pump ahead. The RSI is trending upward, and the Stochastic RSI also confirms upward momentum, reinforcing a bullish outlook. This indicates that the Others Market Cap is poised for a big rally. Additionally, CELO/USDT is likely to pump soon, making this a high-confidence setup with strong potential.
On the 1-week chart, the Others.D market cap is forming a symmetrical triangle, signaling a potential bullish breakout. The RSI is rising, and the STOCH RSI is also trending upwards, both indicating strong momentum. These technical signals point to the possibility of a significant price surge. Given this setup, there's a high probability that CELOUSDT will experience substantial growth in the near future. The overall market conditions and technical indicators strongly suggest a bullish outlook, reinforcing the expectation of an upcoming rally for CELOUSDT.
Entry price- 0.5566 or Market Price (JOIN MY LIVE STREAM FOR PREMIUM SIGNAL)
1st tp- 1.7739
2nd tp- 3.2597
3rd Tp- 4.5307
4th Tp- 5.000
leverage 4x
sl- .0.1628
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$CELO #swap_crypto #CELO/USDT #Celousdt #Celo
