As mentioned in my old CELH post, I'm still holding.
On my new projections, assuming CELH is done for now due to it now testing the golden ratio 50.00% - 61.80%, a famous POI which more often than not results in a change in trend, and basing off of CELH's history, this area is respected.
So with this knowledge I have trimmed here, and I soon expect an ABC correction moving down to my level of support sitting at $38, the 38.20% also sits here, which has also been proven to be a strong support level. If we find this level being tested, I will add back to my position and hold firm up toward $68.
On my new projections, assuming CELH is done for now due to it now testing the golden ratio 50.00% - 61.80%, a famous POI which more often than not results in a change in trend, and basing off of CELH's history, this area is respected.
So with this knowledge I have trimmed here, and I soon expect an ABC correction moving down to my level of support sitting at $38, the 38.20% also sits here, which has also been proven to be a strong support level. If we find this level being tested, I will add back to my position and hold firm up toward $68.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.