Analysis Price:1.05 USDT Entry LVL: 0.97-0.99 USDT TP_LVL I: 1.23 USDT TP_LVL II: 1.34 USDT TP_LVL III: 1.49 USDT SL: 0.84 USDT Expected Return: 35 % Reward/Risk: 1.57
BEL Bella Protocol Trendline 4h - belbtc belusdt belusd belbnb
💎Technical Analysis Summary💎 BINANCE: BELBTC -Previously, BEL broke above the descending channel pattern -But unable to sustain this breakout and fell below its key support -The Bears have taken control of this market again -If the downside continues, the next potential support is located at 7000s sat area A big Thanks for donating 💰 via Tradingview coins...
After the break of two small channels and a growth of 30%, we have now entered a new level of price and we are faced with resistance of the main downtrend channel. Facing the main channel while not corrected .. Is it capable of breaking the descending channel authoritatively? Or will it go to lower levels for a correction?
BELBTC has potential for a significant growth If the conditions of BTC are favorable for the growth of altcoins.
After a deep correction of DeFi excitement.. A HH can be seen on chart and bullish divergence on hourly resolutions. This is probably the floor, so if this becomes true, we have an excellent entry point. Buy at this zone.
BEL has been on a long descending channel for the past couple of weeks and it's about to break. It's finally showing some bullish signs on RSI and volume is slowly but surely increasing. Staking on BEL will also stop on 9th October with Binance's Launchpool, which means we can expect more volatility during these days. Everything else is on the chart. Not an...
It looks great to me both short and mid terms! We will break the descending channel (purple) in the next couple of hours. (15/20% pump if it does) Then we can expect BEL to touch this resistance line in yellow. This is not an investment advice, just sharing my thoughts. Good luck!
It is 6 th. day of this coin , too early to talk about this coin but: Buy at the support line( $ 2,9658) sell at the resistance line( $ 6,2647) Try to catch EngineeringRobo ' s buy signal We will interpret the rest in the near future Have a good trade If you want to use EngineeringRobo please dm me.