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BEL / TetherUS

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BELUSDT trade ideas

BELUSDT is testing again the daily resistance! 🦐IF $BEL.X will have a breakout an turn the current resistance as new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
2
BELUSDT completing Shark move | A good long opportunityOn the small time period 1 hour chart , the price action of Bella Protocol (BEL) is completing final leg of Shark and soon it will be reached in potential reversal zone. Buying And Sell Targets: The buying and sell targets as per Fibonacci sequence of Shark formation can be as below: Potential reversal or buying zone: $1.2332 to $1.2174 Fibonacci projection or sell zone: $1.2511 to $1.2872 Stop Loss: The potential reversal zone area that is up to $1.2174 can be used as stop loss in case of complete candlestick closes below this level. Possible profit and loss ratio: As per above targets this trade has a profit possibility of 5.7% and as per the above-mentioned stop loss, the loss possibility is 1.3 %. 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.
Long
by moon333
2