Celo is a late bloomer, but explosive when ready!
CHART OVERVIEW
CELO / BTC - WEEKLY CHART
A) Fib circles showing price support and resistance points.
B) Fib levels with the 1.0 and 1.618 shown in yellow and green respectively
ANALYSIS
The price is currently hugging the green 0.618 circle. It is showing a strong level of support.
CONCLUSSION
CELO is volatile but has a lot of potential in my view, it has been in a very long price discovery mode, I would expect it to go a a strong bull run and hit the 1.618 price level at 0.00034391.
What do you guys think, is Celo about to pop?
*DISCLAIMER: Not professional advice.
CELO / BTC - WEEKLY CHART
A) Fib circles showing price support and resistance points.
B) Fib levels with the 1.0 and 1.618 shown in yellow and green respectively
ANALYSIS
The price is currently hugging the green 0.618 circle. It is showing a strong level of support.
CONCLUSSION
CELO is volatile but has a lot of potential in my view, it has been in a very long price discovery mode, I would expect it to go a a strong bull run and hit the 1.618 price level at 0.00034391.
What do you guys think, is Celo about to pop?
*DISCLAIMER: Not professional advice.
Commentaire:
Celo is looking strong, a weekly close above 0.00012 would confirm more bullish prices IMO.