BEL - breakout after consolidationBEL is a low mcap altcoin thats pumped pretty intensely before. This thing has consolidated for about 2 weeks, and formed a descending triangle, and now is starting to break to the upside. We can see a huge volume spike on lower timeframe to support it. Should be a pretty good move if it follows thru and BTC doesnt dump. Anything can happen tho, break outs can fail, and they do all the time.
Do your own research, not financial advice.
BELUSDT trade ideas
BELLA PROTOCOL more gain 🚀Hello 🐋
Based on the chart, these days after long time correction to the downside we have appropriate amount of volume for the price and the price breaks many resistance areas to the upside, and now we can suppose these areas as support levels for the price ✔️
we
expect to see more gain for the price 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
BELUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for BELUSDT
In this chart, S1 represents our long-term support line and includes the well support of the price since the past. R1 is a resistance line which shows the unsuccessful attempts of the price in order to rise. After a rise over this line, and the failure in break, then we had a falling trend toward S1 and now the price is fluctuating on S1 line. We believe the price reaches S1 and then starts rising toward R1 and by fixing over it, it is able to have more rise. Also it is possible for the price to lose the support at this area and face more decline below S1.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
BELUSDT A Great Buying OpportunityTrade Proposal:
There is a probability of first tp to the proposed ( 5.00 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis: BELUSDT Waiting for the Range Bound and the beginning of the Ascension Trend.
BEL/USDT BUYING SETUP (SWING)Buying #BEL/USDT (SWING)
$BEL breakout falling wedge pattern 1h. in 1D timeframe Bel retesting after breakout resistance before. 4H time consolidation make a falling wedge pattern and then low volume when correction this is good movement
we can entry now or wait for retest first
Buy zone : 1.24 - 1.16 - 1.06
Target : 1.39 - 1.6 - 1.9036 - 2.2072 - 2.77 - 3.3
Stop : 0.98
BELUSDT🔥 HAVE THE STRENGTH TO GIVE 50%Greetings to all
I showed on the chart the resistance zone over which the asset was fixed, this is a positive scenario for potential growth.
I think this will not happen at the click of a finger, you can buy on average.
✅Do not forget to visit the channel there is a lot of useful information about trading.
BELLA PROTOCOL more gain 🚀Hello 🐋
Based on the chart, these days we have appropriate amount of volume for the price and the price breaks many resistance areas to the upside, and now we can suppose these areas as support levels for the price ✔️
we
expect to see more gain for the price 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
BEL Bella Protocol LONG TRADE 20220607Signal: Red -> Green, Context: Green
Structure Breakout
BEL, Bella Protocol, BELUSD, BELUSDT ,BELUSDTP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
🔥 BEL back at it again ! What will happen this time?Hello, dear TradingView members.
This idea is a BEL analysis.
BEL pumped 24%, just like last week.
If you remember, we planned two different scenarios for BEL last time, and scenario number two happened:
Now that the price has gained more strength from the support level, it has pumped back to the resistance levels and crossed one.
The RSI is showing overbought signals, and the price has moved above the upper Bollinger Band. What happens now? Well, this is a weakness. The price has to slow down, whether by a dump or consolidation on the previous resistance level, which might now turn into support.
Scenario one:
A breakout:
The price will slow down, move sideways for consolidations, and after gathering enough buy volumes, it will continue to grow.
Scenario two:
A fake-out:
After consolidations, the local resistance level will reject the price and push it down to lower levels.
The Bollinger Bands are broad, and the price moves above the upper band. That is not a good sign.
The Speedometer indicator shows Buy volumes on the market for BEL on a 1D interval.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.