Belusdtsignal
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/USDT Bounce from the support, indicate continue upward move!💎 BEL has recently displayed significant market dynamics, evidenced by a bounce from the support area. There's potential for BEL to continue its upward movement, possibly testing the strong resistance area.
💎 However, if BEL fails to sustain its upward momentum, there's a likelihood of it retracing back to test the support area for another potential bounce.
💎 The downside risk emerges if BEL breaks below the support level, leading to a retest of the demand area around $0.68. Reclaiming the price above this support would signal a potential continuation of the upward trend.
💎 Conversely, a breakdown below this strong support level would confirm a bearish trend, with the price likely to decline further.
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