Belusdtidea
Bella Protocol (BEL) completed a setup for upto 87% pumpHi dear friends, hope you are well and welcome to the new trade setup of Bella Protocol (BEL).
Previously we caught nice pump of BEL as below:
On a 4-hr time frame, BEL has completed a bullish Shark move for the next price reversal.
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.
BEL/USDT Break out the key resistance area. Bullish Momentum ??💎 BEL has become a significant focus in the financial market, having achieved a breakout from a key resistance area. It's currently in the midst of a retesting phase. If BEL exhibits a positive response during this phase, marked by bullish rejections and a bounce from the current level, the probability it could continue its upward trajectory toward our identified strong resistance area.
💎 However, if BEL fails to demonstrate a rebound from this level, it might suggest a false breakout. Such a scenario could lead to a reversal in BEL's trend, with the price potentially moving back down towards the demand area.
💎 The demand zone is pivotal for BEL. A strong recovery in this area is crucial, as failing to hold here could confirm a shift back to a bearish trend. If BEL breaks down from the demand area, it's likely to head towards the strong support area.
BELUSDT at demand zone but may visit weekly supportThe price has been heading towards the weekly support WS1. However, the current price level is also a good demand zone as evident from the chart. The price has reversed multiple occasions from the current level. Anyways, the safer bet is the long from WS1 zone. However, the current level is not bad for a quick long attempt.
Bella Protocol (BEL) formed bullish Gartley upto 23.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Bella Protocol (BEL) with US Dollar pair.
On a 4-hr time frame, BEL has formed a bullish Gartley move for next price reversal.
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