BELUSDT trade ideas
BELUSDT - Breaking Triangle and Pullback to TrendlineBreaking Triangle and Pullback to Trendline
Wait for the best time and price for the import after the price correction and after the Cross MA 50&200.
Hoping for financial success for all investors.
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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.
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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