BELUSDT trade ideas
BEL: Long TradeHello Dear Traders,
BEL was in accumulation from many days finally we have seen nice breakout candle. daily demand zone.
this will fly very high.. its still buying zone.
bel/usdtWhat's we can see in BEL/USDT. the level of fluctuation in BTC in this week is really high because of the closing of last night candle is beyond 15500. be aware of your trading!!!!
15% gain on bel If the market goes up then a chance for bull pattern for 15% gains with 3%risk factor to hit all time low ...
Belusdt Buy opportunitySpotted potential Cup and Handle setup and at same time Ascending triangle formation.
Kindly follow the suggested BUY zone on the chart and always remember to apply stop loss according to the chart and your personal set risk management.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS
Kindly go through the chart and leave us your comments with your likes and also follow us for more trading updates.
Thank you.
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
BELUSDT - Potential buy entry 🔼BELUSDT is printing an ascending triangle pattern on the 4H timeframe.
Price is testing the pattern's inclined support.
RSI is printing a bullish divergence signal.
Price action is printing a falling (bullish) flag pattern at the support.
Buy entry ⬆️ - breakout above the falling flag resistance + previous swing high.
Target 🎯 - Resistance levels
Setup invalidation ❌ - breakdown below the ascending triangle inclined support.
BELUSDT completing Shark move | Upto 180% expectedOn daily time period chart, the price action of Bella Protocol (BEL) is completing final leg of bullish Shark pattern, and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to bullish Shark should be:
Potential reversal or buying zone: $0.7036 to $0.4832
Fibonacci projection or sell zone: $0.9057 to $1.3555
Stop Loss:
The potential reversal zone area that is up to $0.4832 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 180% and as per the above-mentioned stop loss, the loss possibility is 32%.
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.
BEL/USDT Triangle: Bullish OutlookBEL/USDT is continuously bouncing off the lower trend line. Yesterday, it bounced again, signaling a new upward trend.
I'm looking at Resistance 1 to take some profits. If you're feeling confident, Resistance 2 might be more suited. In any case, do your own DD.
✳️Bella Protocol/USDT (13/12) View + Trading Plan #BEL $BELBEL had a deep correction from 1.6$ to 1.1$ and currently has good support at 1.1$.
It is highly likely that the BEL will rebound back to the 1.4$ zone and rise sharply to 2$ and 2.5$ if it conquers the 1.4$ zone.
However, if the 1.1$ zone is lost, it will be a sign of a deeper downtrend.
📈BUY
-Buy: 1.075-1.125$.SL if B
📉SELL
-Sell: 1.37-1.43$.SL if A
-Sell: 2-2.1$.SL if A
-Sell: 2.4-2.5$.SL if A
♻️BACK-UP
-Sell: 1.075-1.125$ if B.SL if A
-Buy: 0.875-0.925$.SL if B
-Sell: 0.875-0.925$ if B.SL if A
-Buy: 0.7-0.75$.SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
RR good entry pointEntry point gray with dca
Take profits as shown
Stop loss / low risk must hit ATL
This is a shot in the dark based on the pattern and bounces
Belusdt daily frame cup and handleBel cup and handle on the daily frame
Tp around 2.3
Be patient and don't forget the stop loss 😅
BELUSD - Good sell zone Preconditions:
have passed a lot.
Three paranarmal days.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
BEL -- USDTOnly for risk taker
This idea invalid if breakout upper yellow trendline or 1.28 - 1.3 ( SL Short )
Waiting for Long 0.7 - 0.75
TP : Look at the chart
DWYOR
