BELUSDT.P trade ideas
🆓Bella Protocol/USDT Analysis (3/4) #BEL $BELBEL is rejected from the 5$ zone and it is heading to 3.5$ zone. Only if BEL conquers the 5$ zone successfully, it will head to 6.5$ zone
📅EVENTS
👉Jun 30 : Bella One-click Product
👉Sept 30 : Bella DeFi Robo-Advisor
📈BUY
-Buy: 3.4-3.6$. SL B
📉SELL
-Sell: 4.75-5$. SL A
♻️BACK-UP
-Buy: 4.75-5$ if A. SL B
-Sell: 6.35-6.65$ if B. SL A
-Buy: 2.9-3.1$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
BELUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has broken above its resistance line. Now we expect it to make a pullback to the green dotted line which is the entry zone and then resume its uptrend.
If the price falls below the entry zone, this scenario would fail.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🔥 BEL Massive Rising WedgeBEL has formed a strong rising wedge over the last 3 months or so. Currently, BEL is residing near the support line of said wedge, potentially shooting back up soon. Classically, rising wedge patterns area bearish patterns. Be aware that this is not a break-out signal, but rather a pattern continuation signal. In around 4 weeks we would be near the end of the wedge and a break-out could be formed.
Happy trading!