Market has opened red across the board with a small number of green spots, $CELH is one of those green spots which is therefore showing relative strength and we can see why from the chart
There is a bullish set up here and moving very nicely in an impulse wave, after Wave 2 held support for a higher low on a strong confluence level.
A higher high is needed next above $34.50 and this will confirm the trend and I believe Wave 3 will be confirmed too to $46.
Yasser Etman
2025-03-22 03:48:28 +0000 UTC