CELO - simple patterns

٢٢ يوليو ٢٠٢١

It appears there is potential for a continuation of this descending triangle pattern happening (in the crypto market in general and with CELO). CELO specifically seems to have a clear pattern regarding the EFI and RSI as highlighted. If there is an uptrend I am guessing it will be only for a few candles which would be common for CELO, allow for the descending triangle to complete its pattern, and makes sense as it feels like there is a lot of uncertainty about the short term for crypto.