CELH - Reload opportunity?

18 Ara 2024

As per my last post on CELH, we built enough demand to hit our HTF supply at $32. Successful trade an outlook there. Now after an expected rejection at that HTF supply, we are back at our flip zone which was a strong resistance level now looking to turn into support. With a strong reaction off of this zone we may have another opportunity to at least retest the $32 supply and continue to attempt to break it.

Happy Trading :)

18 Ara 2024

Emir iptal

Obviously did not get the reaction we wanted to flip our zone to support so we are acknowledging that our HTF Supply was just that - HTF Supply - and we will need a deeper liquidity build to retest and ultimately break that $32 level. Looking to begin averaging into a position here in the $26-$27.40 range as we enter our HTF demand.
IF (big IF) price wants to grab maximum liquidity for a monster upside breakout, don't be shocked by a grab down to the low $20's where a ton of liquidity lies.