BEL/USDT symmetrical triangleBella protocol is looking ready to break out based on bullish momentum in macd CCI and the alligator. Until bel breaks out from the symmetrical triangle we must assume it will get reject from the upper trendline. A confirmed break out with candle closes will create a technical target over $6. Altcoins are looking extremely bullish this month especially ones involved with nfts like bella protocol!
BELUSDT trade ideas
BELUSDT significant profits on the line (200-300%)BEL started in Sep 2020 on Binance launchpool and finally started showing some legs. Current MC is 150-180M with fully diluted cap of 550M.
Considering this price action, 2x for a 1B MC seems quite reasonable for fully diluted.. giving us 2-3x gains.
buy long BELBEL / USDT
Daily
According to the positive news, Bell currency broke the resistance level of $ 4 in the daily timeframe and is currently engaged in its resistance level of 5.52 cents, and according to the MFI indicator and volume, a lot of money has entered this currency. It is recommended to enter the range of 4 to 4.20 cents in case of price reversal to reach the targets of 5.52 cents and $ 20 in the long run or wait in case of breakout of the blue level (5.52) and stabilization of the price.
(35% to 300% long-term goals)
This currency can be traded and bought in Binance exchange
🆓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"