The Celsius Token (CELUSD) has had an extremely volatile month of August as it grew an incredible +320% to make an August 15 High exactly on the December 31 2021 Resistance, followed by a massive correction below the 1D MA200 (orange trend-line) and the 1D MA50 (blue trend-line) that nearly touched the Higher Lows trend-line of the June 13 market Low.
Since that amazing rebound broken even the 1W MA50 (red trend-line), which along with the 1D MA200 have been untouched since 2021, we can claim that the market against all fundamental odds, may be finding buyers, entering a new Bull Phase. With the MACD on the 1W time-frame also on Higher Lows, this may be another opportunity for immense short-term gains.
However it may be best to buy only after the 1D MA200, as a bullish break-out confirmation level, as it was that level that really made the August rally so aggressive.
Check how we caught that bullish break-out signal on our last idea on August 09:
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
Since that amazing rebound broken even the 1W MA50 (red trend-line), which along with the 1D MA200 have been untouched since 2021, we can claim that the market against all fundamental odds, may be finding buyers, entering a new Bull Phase. With the MACD on the 1W time-frame also on Higher Lows, this may be another opportunity for immense short-term gains.
However it may be best to buy only after the 1D MA200, as a bullish break-out confirmation level, as it was that level that really made the August rally so aggressive.
Check how we caught that bullish break-out signal on our last idea on August 09:
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.