#CELO Technical Analysis in 3-Day Timeframe

21 lug

Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.

Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.

Now, let’s dive into this chart analysis:

CELO is in a downtrend and is currently holding the support level at 0.4674. The rebound shows a positive move for CELO, but to confirm the bullish trend, CELO must break out and close above the 50 EMA in the 3-day timeframe.

Key Observations:

- Primary Support: $0.4674.
- Lower Support: $0.3480.
- Primary Resistance: $0.730.
- Initial Target: $2.302.

DYOR, NFA.

Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!

Thank you!

#PEACE