BELUSDT trade ideas
BEL LONG or SHORT
$BEL couldn't hold onto the momentum, the breakout was a strong till it met a strong Resistance, pushing it down, currently retesting the last demand zone, hopefully the supply is eaten up like others, if not it might get dragged down to last white line.....
Advice wait for breakout above the upper green line to Long but as for Now short will do, but don't short yet till the demand zone is lost below the blue line.
BELUSDT is testing the weekly resistance 🦐BELUSDT is testing the weekly resistance inside a triangle. IF the price will have a breakout and turn the current resistance into new support, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
BELUSDTBella Protocol #BEL is chasing the 50MA which is located under the 200MA zone. Best entry time is when 50MA is broken.
MACD line break signal line and the price is in oversold area.
we need just decreasing BTC.D that is on by the chart. good luck.
BEL Bearish Candle Under Resistance !BEL is under the resistance and has printed bearish candle ( hanging man ). Expecting retracement toward the 1.20$ level. Stop can be set above the EMA60 and the static resistance ( >1.35$ ) .
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
short positiontechnical analysis BELUSDT 4H
Due to the failure of the trend line in RSI
I predict the price for the future according to the descending target
(This is an analysis, not a buy and sell offer)
Thank you
BELUSDTIn the four-hour time frame, the trend hit the bottom of the uptrend channel and is moving upwards
BelUsdt (BellaProtocol) CMC RANK #400Bella after first pump now back on Support line can buy again on support line or wait break resisdance
Supports:
1.5025(firstenterPoint)
1.3508(Sec EnterPoint)
1.2143
Resisdance:
1.7484
Targets:
2.1207
2.7106
3.0810 (my Target)
midd time or great pump targets :
3.7036
5.2276
long time targets and for Holders :
6.6801
7.5945
9.1294
GOAL:(not offer you)
12.8858
Bella SITE:
bella.fi
Last new and twitte of bella(9 h Before this analyse) :
$BEL has one of the strongest communities among all crypto projects and it is expanding even more with our migratio… BEL 9h ago by @bellaprotocol
Twitte:
$BEL has one of the strongest communities among all crypto projects and it is expanding even more with our migration into @0xPolygon ecosystem. More to come! @sandeepnailwal
BEL is it time for some kind of correction or not?Bel doing amazing, are LONG traders targeting take profit point or will they wait some more? Are we due for a correction? This rising wedge says it could be the case... But that's the only statistic, you should never underestimate herd mentality... Let's watch this one, Could be profitable also...
BELUSDTIt is going ro re-test the resistance again with the good signal line in MACD. If it can break it the train will pump.
#BEL almost close to the dynamic resistance BELUSDT
BEL goes up in the ascending channel and it can pump to the top of the channel after correction
