BELUSDT.P trade ideas
BEL and the 26% pumpHello, dear TradingView members.
This idea is a BEL analysis.
Today BELUSDT made a 26% pump. Before we FOMO and buy or sell, let's see what possible scenarios.
RSI is also above 83, which shows overbought signals. Usually, when this happens, the price pulls back down.
Scenario one:
A breakout (Not likely to happen):
If that bullish candle closes above this area,
it can later perform a pullback and
make it a breakout confirmation.
Scenario two:
A fake-out:
The price might go even higher but then lose strength after hitting one or two resistance levels and fall back to the previous support area.
The Bollinger Bands are opening and making a wide channel, and the price is pushing higher than the upper band. Now, this mostly shows overbought signals, which aren't healthy. This might cause weakness in future hours.
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.
BELLA PROTOCOL brief correction before more gain 📖💡Hello 🐋
based on the chart, the price has broken the major support and the round number to the downside ✔️
before more gain, we can see brief correction to the downside 💡📖
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
BELUSDT 1D TA : Pump again?According to the chart, after breaking the line, the trend is pumped and is pullback now. If the pullback is completed and the resistance range is broken, it can grow again, otherwise we will have correction.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
BEL Probably Starting TrendHello guys, I am back after a very long time. This is our first prediction, our signal was given few hours ago and already is up, please wait before enter. Looks like price is going to reverse and start a positive trend. If you enter soon go out when doji candle appear.
Follow me for more free signals and analysis!
BELUSDT (Bella Protocol) Daily tf Range Updated till 30-5-22BELUSDT (Bella Protocol) Daily timeframe range. breaking a alts last low never a good perk its comes with risk for future holders. but hey it got back up pretty strong over 400%+ from its recent low is no joke within not so long period of time. the range for swing setups are cool but we do need to keep the risk in mind as the more space within its level the higher risk it offers and profits, a sudden giant candle opens many doors of possibilities.
BEL DOUBLE TOP BOTTOM POSSIBLEafter bel was confirmed its breakout, possible with xabcd pattern
will come back from its breakout pullback reversal on where the bel was also breaking the confirmation first drop
My next target are posted. and a possible pullback price 0.520 when the candle drops below, i set my stop loss to 0.520 or less.
BELLA PROTOCOL short position ❌🧨Hello every one
short position for belusdt
Based on the chart
the price is close to the major resistance area and the round number ($1) ✔️
we
can see more correction to the downside for the price ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋