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BELUSD

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
Long
by behdark
1
BEL/USDT A Bullish Horizon Beckons? 👀 🚀BELToday analysis💎 Paradisers, keep an eye on #BELUSDT as it's showing some interesting moves. It recently hit a wall at a certain high point but seems like it's getting ready to jump higher soon. 💎 From what we've seen before, when places where a lot of selling happens start to attract buyers, NSE:BEL usually climbs up. It stumbled a bit at the .7683 mark, but it looks like it's picking up steam again, which could mean it's getting ready to break through that high point. 💎 The price is staying higher than its last low point, which is a good sign for those betting on it going up. There's also a chance #BEL could get a boost from the $0.6591 area, but if it falls below there, we might be looking at a downturn. 💎 While some of you, especially if you're new, might be thinking of jumping in now, remember to stay sharp and watch the market closely.
Long
by MyCryptoParadise
1
BEL Analysis 09/03/2021we had our Past 3 TPs Achieved and now updating the New Positions. as you can see it has done its accumulation phase and is ready for Move Up again. there exist a Hidden Bullish Divergence which is the sign of trend continuation there are total of 4 TPs Specified with Fibonacci Projection of the Previous impulsive wave. we get our 3 TP conformation if the 2TP gets triggered by an impulsive wave directly and price does some corrections post it.
Long
by BitonGroup
15
BEL: A Comprehensive 4-hour Frame Technical AnalysisHello Traders, Today's focus is on BEL, a prominent member of the crypto market. At this moment, BEL's market price stands at 0.8777. Vital Technical Indicators An examination of BEL reveals several key insights: Relative Strength Index (RSI) and Stochastic: The RSI is at 69, and the stochastic is at 71. These figures, being close to the overbought threshold, suggest that BEL might be overbought and due for a potential correction. Bollinger Bands: The current price of BEL lies between the middle (0.7902) and upper (0.9017) Bollinger bands. The lower band is at 0.6788. The proximity to the upper band may suggest an overbought market condition. Volume Oscillator: The volume oscillator stands at 8.47%, showing a slight increase in buying volume. MACD: The MACD value is positive at 0.0383, suggesting a possible bullish momentum. However, this bullishness might be questioned, given the high RSI and stochastic values. Fibonacci Levels: The Fibonacci levels for the 4-hour timeframe stand at 0.7053 (1 Fibonacci), 0.7601 (0.5 Fibonacci), and 0.8149 (0 Fibonacci). These levels could act as potential support or resistance points. Support and Resistance: There's a support area at 0.8493 and two resistance levels at 0.9253 (local) and 1.0194 (solid). Traders should watch these levels closely. EMA 100: The 100-period Exponential Moving Average (EMA) is at 0.7242, which is below the current price, serving as a dynamic support level. Closing Remarks Given these indicators, traders are advised to closely monitor BEL for potential trading opportunities. The interplay between price action and these technical indicators may provide insights into the future market trends of BEL. As always, trading is subject to risk. Perform your own research and consider your risk tolerance before making any trading decisions. Stay tuned for more updates on BEL and other digital currencies. Happy trading!
by ShawnMCR
10
Bella BEL - Do not miss this altcoin! Only 5% of people will catch this massive upcoming uptrend on BEL. Others will jump in at the top, as usual.  As you can see, we have started this brand new uptrend with a very strong impulse wave, which indicates a powerful interest from the bulls!  You want to wait for wave 2 to be finished and catch the third impulse wave, which is usually the strongest wave of all of them.  Wave 2 is represented as a bullish flag, so you can buy a breakout above this pattern for a confirmation trade, which I strongly recommend to do. 2.36 USDT is the first profit target for a quick profit, and the next target is 5.37 USDT.  The price bounced successfully from the 0.618 FIB retracement, which is another sign that the bottom could be in!  I don't know about you, but I really don't want to miss this altcoin! Check out QNT altcoin, which offers an incredible opportunity in the immediate short-term! For more analysis, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
81
🔥 BEL back at it again ! What will happen this time?Hello, dear TradingView members. This idea is a BEL analysis. BEL pumped 24%, just like last week. If you remember, we planned two different scenarios for BEL last time, and scenario number two happened: Now that the price has gained more strength from the support level, it has pumped back to the resistance levels and crossed one. The RSI is showing overbought signals, and the price has moved above the upper Bollinger Band. What happens now? Well, this is a weakness. The price has to slow down, whether by a dump or consolidation on the previous resistance level, which might now turn into support. Scenario one: A breakout: The price will slow down, move sideways for consolidations, and after gathering enough buy volumes, it will continue to grow. Scenario two: A fake-out: After consolidations, the local resistance level will reject the price and push it down to lower levels. The Bollinger Bands are broad, and the price moves above the upper band. That is not a good sign. The Speedometer indicator shows Buy volumes on the market for BEL on a 1D interval. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
15