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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I posted the first chart October 13th 2021. I identity it on the chart.
Here's today's update. We just broke out of this beautiful falling wedge.
Macd's are flat and rsi's got some room some upside movement.
Welcome 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
T4 :- $2.796
Remember:-This is not a...
Bella Protocol seems to be completing its buy zone consolidation, which has been going on since March 2021.
The price needs to break above the dotted yellow line. The next price target can be a level above $5.82.
If there can be a new higher high, then the next price target can be as high as $20, which also depends on overall market conditions.
On the bearish...
☝🏻 BEL is a token that has always made us happy and has met TP levels on several setups. In addition to our open middle-term trade, I really like this long-term opportunity that the chart offers. It is more than 1200% apart from its highest real high on a BTC pair, and the overall concept indicates the possibility of attacking at least half of this...
bella.fi looks bullish here after regaining 50MA support and preparing for a big move up mid-term!
Bella Protocol is not only DeFi but also part of Binance Smart Chain (BSC) and Polygon Ecosystem.
Current Price= 0.00004422
Buy Entry= 0.00004410 - 0.00004038
Take Profit= 0.00005391 | 0.00007094 | 0.00008419
Stop Loss= 0.00003469
Risk/Reward= 1:1.55 | 1:3.8 |...
Bella 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
This is another pair that is facing resistance at the EMA100 blue line, BELBTC.
You can clearly see here how the price action is compressed between EMA50 and EMA100.
As soon as EMA100 (0.00004626) gets conquered, we see candles break and close above it, BELBTC will fly up and hit our targets marked with yellow squares.
If somehow it breaks lower, less probable...
- BELUSDT hit a swing high and retraced.
- Price retested the all-time low support.
- There was a relatively high concentration of buyers at that zone.
- The downtrend was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
BUY ENTRY ⬆️
- Market entry: current market...
I saw 2 great signals for a bullish cycle of BZX protocol (BZRX/USDT) and BELLA protocol (BEL/USDT).
- RSI breakout signal bearish trend and Filbo timezone on both coins.
- MACD is breaking up
- If the price to $0.75 is the bottom of the previous accumulation, everyone will buy a lot so I think it's impossible. We can buy at $1 - $1.2 which is great.
- The filbo...
Bella Protocol is up-trending inside that channel, it is likely to make a massive move-up if bounces on support.
Also, we can see it has broken-out bullish of that falling wedge and is now retesting it!
Current Price= 3.2669
Buy Entry = 3.2400 - 3.0100
Take Profit= 4.0610 | 4.9950 | 7.1170
Stop Loss= 2.499
Risk/Reward= 1:1.5 | 1:2.99 | 1:6.38
The Bella token (BELUSDT) will break out from top it's downtrend soon. This is a great opportunity to make a profit in the short term.
Target 1: Previous ATH range (5.5 - 6 $)
Target 2: Top of the channel
Do not forget the SL