CELH - A deeper dive into the obvious signs
We are seeing basic market dynamics at work here on Celsius - clear return to HTF support and healthy patterns created in a LTF and HTF Cup N Handle.
Volume as always is super important toward identifying where the actual support and resistance lies and the deeper knowledge of what it means to build a resistance level in order to then break it to propel us further will go a long way in identifying good trade opportunities.
As I mentioned in my post earlier, we are looking to flip this LTF zone (currently in the works) into a pocket of buyers that the market can tap into for a more sustained push toward HTF supply.
Happy Trading :)
Volume as always is super important toward identifying where the actual support and resistance lies and the deeper knowledge of what it means to build a resistance level in order to then break it to propel us further will go a long way in identifying good trade opportunities.
As I mentioned in my post earlier, we are looking to flip this LTF zone (currently in the works) into a pocket of buyers that the market can tap into for a more sustained push toward HTF supply.
Happy Trading :)
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