BELUSDT trade ideas
BEL/USD TRADE SETUPBEL broke out of the trendline and currently bouncing back after retest.
Entry: Buy at CMP or between $2.2824 to $2.3468
Stop Loss: $2.1781
Targets:
$2.4321
$2.5143
$2.6524
$2.7286
Try to accumulate the dip with tight SL and low leverage.
Note: This is not financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.
BELUSDT(breakout)Hello traders.
BEL broke the downtrend line(marked in black) with a sharp move and great volume and now after some drop it has reached to the multi support zone (the intersection of horizontal support(red) and broken downtrend line(black)).this support zone is strong and we can expect rejection from here.
in case of more drop the next level for rejection is the intersection of channel's lower band and blue support level
BELUSDTMy view about BELUSDT
1. BEL is moving in bullish trend
2. BEL already correction and have potential which is it will be secondary move and then hopefully continue primary trend (HH,HL,HH)
3. BEL have a potential forming a falling wedge
4. MACD on the oversold and have a potential golden cross
Hopefully BEL can continue the uptrend and go to 4$. Goodluck guys. My strategy is buy!
cheers
-NFA-
BEL - potential trade ❗❗BEL is now near the local trend line. A good buying opportunity will be after a price squeeze and a breakout of the local trend line.
Write in the comments all your questions and instruments analysis of which you want to see.
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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.
BELUSDT is testing the daily support 🦐BELUSDT is testing the daily support below the weekly resistance. If the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
BEL Ascending FlagAfter a sharp grow today. bel in glut condition now considering volume & rsi.
maybe after completing ascending flag bel start to grow again and targets considering fibo and RESISTANCE line are 4 & 4.45
buy at around 3.25
SL: daily candle under 3.10
TP: first target 4 - second target 4.45
that's just my idea. maybe it will be true or false
Bella ProtocolBella Protocol is a Beijing-based decentralized finance (DeFi) project. Bella Protocol is building different DeFi products, including 1-Click savings account, lending protocol and automated yield farming tool, to increase DeFi user base.
Rank #436 by Coinmarketcap !!
Marketcap 86M !! - small cap
Traded on binance futures
Resistance level 2.77
RSI -ovesold
Looks like a good project for a pump
Best regards EXCAVO
35% for BEL? Risky oneYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
BEL/USDT 1HOUR UPDATEWelcome to this quick bel/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- bel/usdt analiysis is triangle pattern conform and trend line in 21 MA and this bullish shine
Entry:- CMP
Traget:-
T1:- $2.069
T2:- $2.239
T3:- $2.489
T4 :- $2.796
Stoploss:- $1.85
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my english it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
