BELLA Protocol at Important Fibo Level This is a nice entry for long position
- Price is making accumulation at the important Fibonacci level.
- When price breaking up or down, usually it will be an impulsive move.
- Anticipating price to test previous high (at the double top), if it breaks with high volume, it will soar upwards
2021 is the crypto time. I invest in crypto revolution more than I short trade them.
Belusdt
TOP 4 coins of the week - Altseason 2021Hi traders,
as we see, the market is hot and we want to take as much as possible while its running.
YFI just broke out a big bullish pennant and retest 2 times. The rest is just UP UP UP.
YFII, BEL and SWRV have the same kind of structure : just woke up from their bottom and beginning their first Signal of Strenght (SOS).
This SOS will make them get that parabola curve we catched on a dozen coins at least since the last 2 months.
On this chart, i only gave the short term targets. But a real SOS brings coins at least 2x of their last AHT. Just imagine for YFII for example!
If you are wondering, i'm still holding WING, POWR, XVG and FTM with a big bag.
To buy the new comers (BEL and SWRV) i sold a bit of each other coins that we hold and pumped lately : FET, COTI, SXP.
THE TRICK : to roll the profits of pumping coins in unpumped coins. That way not only you take profit, you make them re-pump.
🆓Bella Protocol/USDT Analysis (8/2) #BEL $BELBEL is still being heavily bought and there is a high probability that it will continue to climb to $3 and $4 zones in this February.
📅NEWS
👉Feb 8 : Flex Savings V2
👉Jun 30 : Bella One-click Product
👉Sept 30 : Bella DeFi Robo-Advisor
📈BUY
-Buy: 2.15-2.25$. SL if B
📉SELL
-Sell: 2.95-3.05$. SL if A
-Sell: 3.90-4.10$. SL if A
♻️BACK-UP
-Sell: 2.15-2.25$ if B. SL if A
-Buy: 1.6-1.7$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
BELUSDT (1h chart)BELUSDT (1H CHART) Technical Analysis Update
BEL/USDT currently trading at $2.18
Buy-level:$2.14 to $2.20
Stop loss: Below $2.00
Target 1: $2.31
Target 2: $2.45
Target 3: $2.70
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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BELLA PROTOCOLHi traders!
Bella is a DeFi protocol supported by Binance
bella.fi
coinmarketcap.com
Its really looking strong!
I marked support zonez by color rectangles formed by highest volumes.Price is holding this zones strongly.
DeFi sector is trending on hype,Bel has not moved a lot yet.
Market cap is low.
BELBTC is also looking good.
I think there is a lot of chances to see a rocket move here 📈
Good luck and trade safe!
😎
BELUSDTBEL is in strong bullish position as you can see it took only half time to rise than to dip means the bullish power is stronger in that time and can move the trend faster
the bullish power took 13 candles to get A to B
but the bearish took 26 candles to dip from B to A
bias in the micro wave of the trend = bullish
but other scales of the chart also shown a strong bullish in price action so this crypto can be good for investment but dont forget to add stop loss (red line)to it
BELUSDT - Potential sell entry 🔽BELUSDT is printing a descending channel on the 4H timeframe.
Price is testing the channel resistance.
Potential breakdown.
Sell entry ⬇️ - breakdown below the minor pullback channel support.
Target 🎯 - Support level, descending channel support.
Setup invalidation ❌ - breakout above the descending channel resistance.
BELUSDT completing Shark move | A good long opportunityOn the small time period 1 hour chart , the price action of Bella Protocol (BEL) is completing final leg of Shark and soon it will be reached in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets as per Fibonacci sequence of Shark formation can be as below:
Potential reversal or buying zone: $1.2332 to $1.2174
Fibonacci projection or sell zone: $1.2511 to $1.2872
Stop Loss:
The potential reversal zone area that is up to $1.2174 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 5.7% and as per the above-mentioned stop loss, the loss possibility is 1.3 %.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
BELUSDT - Potential buy entry 🔼BELUSDT is printing an ascending triangle pattern on the 4H timeframe.
Price is testing the pattern's inclined support.
RSI is printing a bullish divergence signal.
Price action is printing a falling (bullish) flag pattern at the support.
Buy entry ⬆️ - breakout above the falling flag resistance + previous swing high.
Target 🎯 - Resistance levels
Setup invalidation ❌ - breakdown below the ascending triangle inclined support.