BEL/USDT Bullish Momentum ?? Bella Protocol Analysis TodayYello Paradisers, tune in!
💎 BEL has recently faced rejection at the resistance trendline and is currently retesting the demand zone, aiming for a bounce-back and another shot at breaking the resistance.
💎 The demand zone appears to be a robust area that has historically prevented BEL from dipping further. Multiple rejections and strong bounces have been observed whenever the price hit this zone. BEL is currently consolidating within a range of $0.45 to $0.93.
💎 The $0.45 mark serves as a significant demand area, while $0.93 acts as a bearish Order Block or a strong supply zone. Should BEL successfully break out of its current pattern, it has the potential to soar towards the $0.93 supply area.
Keep your charts refreshed and stay tuned for more insights! 🌴
BEL
BEL - 240 MIN TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
BEL Analysis 09/03/2021we had our Past 3 TPs Achieved and now updating the New Positions.
as you can see it has done its accumulation phase and is ready for Move Up again.
there exist a Hidden Bullish Divergence which is the sign of trend continuation
there are total of 4 TPs Specified with Fibonacci Projection of the Previous impulsive wave.
we get our 3 TP conformation if the 2TP gets triggered by an impulsive wave directly and price does some corrections post it.
BEL ANALYSIS (1D)Hi, dear traders. how are you ? Today we have a viewpoint to SEL/SHORT the BEL symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BEL: A Comprehensive 4-hour Frame Technical AnalysisHello Traders,
Today's focus is on BEL, a prominent member of the crypto market. At this moment, BEL's market price stands at 0.8777.
Vital Technical Indicators
An examination of BEL reveals several key insights:
Relative Strength Index (RSI) and Stochastic: The RSI is at 69, and the stochastic is at 71. These figures, being close to the overbought threshold, suggest that BEL might be overbought and due for a potential correction.
Bollinger Bands: The current price of BEL lies between the middle (0.7902) and upper (0.9017) Bollinger bands. The lower band is at 0.6788. The proximity to the upper band may suggest an overbought market condition.
Volume Oscillator: The volume oscillator stands at 8.47%, showing a slight increase in buying volume.
MACD: The MACD value is positive at 0.0383, suggesting a possible bullish momentum. However, this bullishness might be questioned, given the high RSI and stochastic values.
Fibonacci Levels: The Fibonacci levels for the 4-hour timeframe stand at 0.7053 (1 Fibonacci), 0.7601 (0.5 Fibonacci), and 0.8149 (0 Fibonacci). These levels could act as potential support or resistance points.
Support and Resistance: There's a support area at 0.8493 and two resistance levels at 0.9253 (local) and 1.0194 (solid). Traders should watch these levels closely.
EMA 100: The 100-period Exponential Moving Average (EMA) is at 0.7242, which is below the current price, serving as a dynamic support level.
Closing Remarks
Given these indicators, traders are advised to closely monitor BEL for potential trading opportunities. The interplay between price action and these technical indicators may provide insights into the future market trends of BEL.
As always, trading is subject to risk. Perform your own research and consider your risk tolerance before making any trading decisions.
Stay tuned for more updates on BEL and other digital currencies. Happy trading!
BEL Talk to me Like Lovers DoAight guys, I was trying not to use to much of the leverage in cross margin but BEL is talking like lovers do.
Breakout on the 2 hr. reformed 0.6652 support. I just want a little 11% at 20x because I cant do that spot money, that money to slow. I posting the coins noone is posting. This is my last post until something else take profit.
Stop 0.6343
BELUSDT at demand zone but may visit weekly supportThe price has been heading towards the weekly support WS1. However, the current price level is also a good demand zone as evident from the chart. The price has reversed multiple occasions from the current level. Anyways, the safer bet is the long from WS1 zone. However, the current level is not bad for a quick long attempt.
Bella Protocol (BEL) formed bullish Gartley upto 23.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Bella Protocol (BEL) with US Dollar pair.
On a 4-hr time frame, BEL has formed a bullish Gartley move for next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
nebl prepared up to 10xAgainst the background of delisting from the binance exchange on the nebl coin, unique conditions for purchase have formed. Thanks to binance, technical marks were left on the retest of the range of 2.5-3.5$, which are the goal and will be worked out in the long term. The main buying zone is a strong support in the range of 0.125-0.210. The minimum target for growth is a retest of the first resistance at $ 1.25-1.5. When this price is reached, the profit already reaches 800-1000%. After delisting, the deadline for price growth remains a difficult issue. In a very positive scenario, a sharp increase is possible already this month with a reversal of the monthly candle. With a more negative trend, it will be smooth with the achievement of the goal in a few months. However, the probability of growth remains high and the coin is well suited for medium-term investment. There is a high probability of listing on new exchanges with such a technical picture.
Among the more liquid coins that are traded on binance, I continue to work with uft pros vib cvp torn perl for pnt and asr atm fantokens. The likely targets for them in the near future reach 300%.
Next down move may start soonThe rise from 88 have been all corrective and can be marked an X wave.
Currently price is taking resistance at 20 Weekly SMA and upper end of the downward sloping channel.
One more up leg is not ruled out which may break the channel line temporarily.
We expect the next leg down to below levels may start post completion of the upmove
- 77 - 38.20% retracement of whole rise from 2020 lows
- 66 - 50% retracement levels.
Lets see how this develops.
BEL trying to ring the right bellsBharat Electronics is a Navratna PSU under the Ministry of Defence (Government of India). Company is also known as BEL. Company manufacture state of the art electronic product and system for the Army, Navy and the Air Force. CMP of the stock is 97.55. Negative aspect of the company is FIIs and MFs are decreasing stake. Positive aspects of the company are no debt, zero promoter pledge, improving annual net profit, and improving quarterly net profit. Entry in the stock can be taken after closing above 98.5 Target in the stock will be 103.9. Long term target in the company can be 110 and 114+. Stop Loss should be maintained at a closing below 87.