BEL
Short

BEL - H&S under development

By Stoic-Trader

At this moment I see no reason to buy BEL. The rising channel has the characteristics of a bear flag, and there is a possible Head and Shoulders pattern being formed.

A break of the neckline would give is a high probability target in the next gray support at 0.52-ish.
Chart PatternsElliott WaveTrend Analysis
Stoic-Trader
📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)

linktr.ee/stoic.trader

Disclaimer