BEL 294 TLBO Opportunity Analysis 2 Nov 24BEL
TLBO opportunity
Watch for possible TLBO at 294 resistance
T1 309
T2 325
T3 340
BEL
BEL in buyDue to fundamental 271 is under value
345 is over value
fundamentally to strong...
follow the chart no sl
if below 271-280 buy (average every -10% drop)
BELUSDTBEL ~ 1W
#BEL Testing this support block would be a very good purchase. if you have Conviction on this coin,. You can buy limit on this support block.
Is BELUSDT Preparing for a Bearish Break or Setting a Trap?Yello, Paradisers! Are you ready for what could be a pivotal move in BELUSDT? This setup is hinting at a potential bearish shift, but let’s look closer to see what could confirm this view.
💎BELUSDT has completed a liquidity sweep and shown a Change of Character (CHoCH), signaling a shift towards a bearish market structure. It has also broken down from its ascending channel and is currently forming a Head and Shoulders pattern, which adds to the probability of a further bearish move.
💎Now, if BELUSDT breaks down and closes a candle below the key support zone, it would validate the Head and Shoulders pattern and significantly increase the likelihood of a bearish continuation.
💎However, if we see a rise from this level, BEL could form a Double Top structure from the bearish Order Block (OB). But it’s crucial to wait for another internal CHoCH towards the bearish market structure to strengthen the probability on our side.
💎That said, if the price breaks out and closes a candle above the bearish OB, it would invalidate our entire bearish outlook. In this case, it’s best to remain patient and wait for a more reliable price action setup to develop before taking any new positions.
🎖Remember, Paradisers, patience and discipline are key. Always wait for confirmed signals before making a move—let the market show its hand, and don’t get caught by emotional decisions. Consistency over impulsivity is the only way to make it long-term! Stay sharp!
MyCryptoParadise
iFeel the success🌴
BEL : Key Support & Resistance Levels at Current Price of 286.90NSE:BEL : Key Support & Resistance Levels at Current Price of 286.90
As NSE:BEL trades around 286.90, it shows signs of weakness, and it's essential to focus on the following support and resistance levels for potential trading strategies:
Resistance Levels:
Immediate Resistance: 295 – This level may act as a barrier for upward movement.
Psychological Resistance: 300 – A significant psychological level that traders watch; a breakout above this could attract more buying interest.
Key Resistance: 307 – A crucial level for confirming bullish momentum; a strong close above here may indicate a sustained upward trend.
Support Levels:
Crucial Support: 285 – This key level may provide buying interest. A break below this could lead to further downside.
Stronger Support: 275 – Acts as backup support, offering a safety net for traders.
Lower Support: 267 – If tested, it would indicate significant selling pressure, warranting close attention.
Outlook: BEL appears to be weak at the moment. Holding below the 285 support could lead to further declines, potentially testing 275 and 267. A bounce back above 285 may provide a chance for a retest of 295, but caution is advised given the current weakness.
Disclaimer: I am not a SEBI Registered Research Analyst (RA). This analysis is for educational purposes only and should not be considered as investment advice. Please conduct your own research or consult a financial advisor before making any trading decisions.
If you found this analysis helpful, please consider sharing, following, or boosting this idea! Your support is greatly appreciated!
BEL Bullish Flag pattern Expect BEL to go up with flag bullish pattern. Expect BEL to go up with flag bullish pattern.
BHARAT ELECTRONICS in my Watchlist! Big Short Setup FormingBHARAT ELECTRONICS in my Watchlist! Big Short Setup Forming
The last long trade from 12 April, 2023 is at its reversal point giving us a 170 gains in 518 days.
If today's 1D candle turns red, this could be a good short entry for long term traders and swing traders in 1D time frame.
I will update this trade post 3:30 if this candle turns red and confirms a Short trade.
Let's see how it goes from here.
DYOR before following other's trades blindly.
Is #BELUSDT About to Explode or Collapse?Yello, Paradisers! Are you ready for what could be a pivotal moment for #BELUSDT? Let's dive into the latest analysis of #BEL and see what might be coming our way.
💎We've been closely tracking #BELUSDT, and the signs are pointing to a potentially explosive move from the demand level at $0.4227. The falling wedge pattern we’ve been eyeing is finally approaching a breakout above the descending resistance.
💎The next target? A key resistance at $0.7852. If #BEL holds its ground here, we could witness a significant bullish rally, echoing previous upward trends. However, if the momentum falters at this level, #BELUSDT might drop, with a potential bullish rebound from the lower demand zone around $0.3084.
💎This is a critical juncture, Paradisers. Stay sharp and keep a close watch on price movements around the demand area. A daily close below this zone could invalidate the bullish outlook and signal further declines.
Staying disciplined and patient is key here. The market is full of opportunities, but only those who wait for the highest probability setups will come out ahead..
MyCryptoParadise
iFeel the success🌴
BEL: Bullish Divergence & Ascending Trend — Breakout Imminent!BEL shows promising bullish divergence and a strong ascending trend line. With a potential breakout on the horizon, now might be the time to watch this stock closely. Get ready for the next move!
#BEL #Divergence #TrendLine #StockAlert
BEL Bullish Divergence & Ascending Trend LineBullish Divergence in RSI
Ascending Trend Line
Reversal from Recent Support
BEL Breaks Resistance with Ascending Trend LineBharat Electronics Limited (BEL) has broken out of resistance with strong volume, confirming a bullish momentum. The stock is following an ascending trend line. Traders should watch for a target price of 365 with a stop loss set at 320. Keep an eye on this stock for potential gains.
BEL/USDT In the sideways zone, it required break to continue UP!💎 Paradisers, BEL is indeed demonstrating intriguing movements that warrant close attention.
💎 It appears poised to retest support around 0.967 before potentially continuing its upward trajectory towards the resistance zone between 1.09 and 1.15.
💎 A breakout above this resistance would signal a return to bullish momentum, possibly leading to a move towards our target resistance area.
💎 However, if BEL experiences rejection at the resistance zone, similar to previous attempts, it may retreat back to the support level. Sustaining above this support is crucial, as a breach could indicate further downward movement towards the key support area around 0.72.
💎 Observing the chart, BEL seems to be trading within a sideways range between 0.72 and 1.15, highlighting the significance of these levels. Historical data suggests that BEL has successfully bounced back to the upside after hitting the key support area twice before.
💎 However, bullish sentiments would be invalidated if the daily candle of BEL closes below the key support area. In such a scenario, the price could experience further decline.
MyCryptoParadise
iFeel the success🌴
#BEL 2 $ Is Resistance#BEL 2 $ Is Resistance.. #BEL trading around Demand Zone It may go soon for Supply Zone.
BEL USDTBEL Setup. After a confirmed breakout from the marked zone in green, we could take an entry at 0.8416. Remember stop loss is your friend. Everything is on the chart.
Entry 0.8416
S.L 0.7971
T.P 1 0.8779
T.P 2 0.9177
T.P 3 0.9676
T.P 4 1.0302
BEL is poised for an upward momentum upto 15%BEL has seen a good breakout of 52 week high on daily TF after almost a consolidation of 30 days weeks with good volume on daily TF.
The company has increased institutional investing, govt interest and a healthy QoQ growth for the last 3 quarters to add to strength.
Good for swing traders to hold for 15 days.
Entry - INR 220 (Trade Initiated)
SL - (Day Low)
TSL - According to your risk profile.
Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.
Bel Up to 3$Hi Guys
Bel looks good and its volume increase in last hours , I think it is about to breakout soon and it can pump up to 3$.
Low Market cap 43 M , Low Circulation Supply 65 M bel.
Wait for the breakout or DCA from this Level.
Never All in one.
Disclaimer: This article is for informational purposes only and not financial advice. Conduct thorough research and consult with professionals before making investment decisions.
Good luck.
BELLdoes not include financial advice.
looks good.. I waiting for it to complete its movement within the main channel..
BELUSDT 1D LONG📈Hi all. BEL has formed a triangle and is at support. I consider going long during a breakout/retest of a trend line. Marked goals and levels on the chart.
BELUSDT.2HThis BEL/USDT chart on a 2-hour timeframe shows an asset in an uptrend, characterized by higher highs and higher lows, which is a bullish indicator. The price is currently between two key levels: support R1 and resistance R2, suggesting a degree of consolidation after a recent uptick.
The Relative Strength Index (RSI) is in the middle of the range, just over 50, indicating neither overbought nor oversold conditions. This neutral position implies that there might still be room for the price to move without immediate pressure from overextension.
The Moving Average Convergence Divergence (MACD) is slightly below the signal line, indicating a potential loss in momentum or a brief pullback. However, since the MACD is close to the baseline, this might also suggest that the price could stabilize or consolidate before the next move.
Considering the ascending trendline, as long as the price action respects this support, the bullish outlook remains intact. A breakdown below this trendline might necessitate a reassessment of the current trend.
I would watch the R1 level closely to see if the price establishes support there for potential bullish continuation. If the price breaks above R2, it would likely confirm an ongoing bullish trend, possibly opening up space for further price increases. Conversely, losing the R1 level as support might signal a short-term reversal or deeper retracement.
BEL NEW INCREASE VOLUMEThank you for reading this update.
Depending on our study we see that BEL has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For Day traders take always profits when the market increase
#Expect nothing from the markets, but follow what it shows.
BELUSDT(Bella Protocol) Daily tf Range Updated till 07-04-24BELUSDT(Bella Protocol) Daily timeframe range. a impressive continues pump here. broke out of 1.8781 clean if it can sustain than 2.4580 clear to visit. a retrace would make sense a little cool down but that depends on retails now.
BEL looks bullishIt has a bullish structure.
The trigger line is broken.
Order flows (OF) have followed well and we have had consistent HLs.
The green range is a strong and tight range, by maintaining this range, BEL can be pumped upwards.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
