CELH Buy Setup - 1/27 R:R Opportunity at Strong Support
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Celsius Holdings CELH is presenting an excellent long opportunity. The price is currently at a strong support level, aligning with a bullish trendline that has guided the stock upward in the bigger picture. Recently, a bullish engulfing pattern has formed, signaling a potential reversal, which is occurring in a sweet zone where many traders were shaken out of the market. This has been confirmed by a noticeable increase in volume, further indicating that the buying pressure is returning.
The setup offers a fantastic risk-to-reward ratio of 1:27, with the next key level being the all-time high (ATH), which is not far away. This suggests significant upside potential if the support holds.
İşlem kapandı: durdurma seviyesi
Stop loss was triggered, resulting in a loss. If the price goes up again, I don’t rule out buying it back, as the general conditions haven’t changed.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
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Aynı zamanda::
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.