Belusdt
BEL is going to reach this zone. Will there be a correction? 😧Bitcoin is still moving in a downward pattern, updating its lows and highs while in a prolonged consolidation. Not showing any particular strength for growth lately.
At the same time, some altcoins are showing a very different picture. For example, Bel is moving in an uptrend pattern, locally updating its lows and highs.
Bel has a strong resistance range ahead, marked as a massive value area on the chart. Most likely, the price will react to it and correct to the lower marked area!
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
BEL > False Breakout, New Trendline > Next move? (UPDATE)Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of BEL.
My previous analysis on BEL was not successful. Unfortunately, I think it was a false retest.
According to my new technical analysis, BEL will again go up as it is following a strict trendline.
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
WTCUSDT, XLMUSDT , BELUSDT , CAKEUSDT All Might Go Up
Welcome back Traders, Investors, and Community!
Hi Traders, WTCUSDT on H4 has formed a large Green candle right below the Resistance, if we get a breakout above the Resistance, after the retest there is high chance of for continuation to 0.91 and 1.17
XLMUSDT on H4 seems that it has gotten the last Rejection from the Support line of the channel and despite of having multiple rejections from the Resistance line of the channel the bears don’t have enough power to pull the price lower. If the breakout happens there is high chance that the price goes up to 0.340
BELUSDT on H4 has been making HHs and HLs, if we get a breakout above the Resistance there would be chance that the price goes high up to 1.39
CAKEUSDT on H4 has been making HHs and HLs, we have a breakout above the Resistance there is high chance that the price goes high up to 14.90
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BELUSDT (4H CHART) - Double BottomBELUSDT (4H CHART) Technical Analysis Update
BELUSDT (4H CHART) currently trading at $1.188
Buy level: Above $1.187
Stop loss: Below $0.965
Target 1: $1.305
Target 2: $1.455
Target 3: $1.630
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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BELUSDT Long Signal BEL is ready to get into discovery mode. The retest of previous support was healthy before breaking away further.
Meanwhile all Alts are looking at ETH’s next move to follow. Fundamentally ETH is distant to spike up as next month holds good news for ETH.
Blue line = entry zone
Green lines = exit targets
Do you agree? If not, feel fee to share your thoughts in the comments below.
BEL Hit demand ZoneBEL is bounced from the demand zone and the wicks show there are a lot of buyers. Bella Protocol is the DeFi project and the second wave of DeFi is started. BEL has a market cap of $130 million only and the Total value locked (TVL) in Bella Flex Saving is more than $35 million and increasing. This is a good time to build your position in BEL.
Buy zone: $4.05 - $4.15 (add more if drops to $3.8 - $3.9)
Target: $4.54 - $4.95 - $5.4 - $5.85 - $6.4 - $6.95 - $7.7 - $8.4 - $9.6 - $10.4
BEL perfect retest, Ready for moonBEL breakout the long downtrend and perfectly retested it. BEL is now ready for the next rally. BEL has some good news coming in the upcoming weeks. BEL is the Binance launch pool project and has a good team working on the developments and partnerships of the project.
Buy Zone: $3.8 - $3.95
Target: $4.35 - $4.83 - $5.45 - $5.95 - $6.6 - $7.1 - $7.7 - $8.55 - $9.2 - $9.9