BELUSDT trade ideas
BELUSDT.2HThis BEL/USDT chart on a 2-hour timeframe shows an asset in an uptrend, characterized by higher highs and higher lows, which is a bullish indicator. The price is currently between two key levels: support R1 and resistance R2, suggesting a degree of consolidation after a recent uptick.
The Relative Strength Index (RSI) is in the middle of the range, just over 50, indicating neither overbought nor oversold conditions. This neutral position implies that there might still be room for the price to move without immediate pressure from overextension.
The Moving Average Convergence Divergence (MACD) is slightly below the signal line, indicating a potential loss in momentum or a brief pullback. However, since the MACD is close to the baseline, this might also suggest that the price could stabilize or consolidate before the next move.
Considering the ascending trendline, as long as the price action respects this support, the bullish outlook remains intact. A breakdown below this trendline might necessitate a reassessment of the current trend.
I would watch the R1 level closely to see if the price establishes support there for potential bullish continuation. If the price breaks above R2, it would likely confirm an ongoing bullish trend, possibly opening up space for further price increases. Conversely, losing the R1 level as support might signal a short-term reversal or deeper retracement.
BEL NEW INCREASE VOLUMEThank you for reading this update.
Depending on our study we see that BEL has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For Day traders take always profits when the market increase
#Expect nothing from the markets, but follow what it shows.
✴️ Bella Protocol Super Strong | Looks Ready For Some ChangeThis chart looks really good. Its been a while since we looked at Bella Protocol together... Let's jump in.
What caught my attention first was the moving averages.
I have 7 moving averages active and in less than two weeks BELUSDT went from trading below to trading above all of them, normally this is pretty good.
When today's session closes, in about 30 minutes, it will happen above EMA300 and MA200, the longest moving averages we track. This event would confirm long-term bullish potential for this pair.
It opens the door for "change".
Since it has been going sideways coupled with long-term higher lows, as prices move above resistance in the form of moving averages with a strong oscillator, this reveals an upward bias for the upcoming trend.
It can take a few more days before a major take off, but once it starts going... It will be really fast and it won't stop until the top.
Namaste.
BEL looks bullishIt has a bullish structure.
The trigger line is broken.
Order flows (OF) have followed well and we have had consistent HLs.
The green range is a strong and tight range, by maintaining this range, BEL can be pumped upwards.
Closing a daily candle below the invalidation level will violate the analysis.
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/USDT Bounce from the support, indicate continue upward move!💎 BEL has recently displayed significant market dynamics, evidenced by a bounce from the support area. There's potential for BEL to continue its upward movement, possibly testing the strong resistance area.
💎 However, if BEL fails to sustain its upward momentum, there's a likelihood of it retracing back to test the support area for another potential bounce.
💎 The downside risk emerges if BEL breaks below the support level, leading to a retest of the demand area around $0.68. Reclaiming the price above this support would signal a potential continuation of the upward trend.
💎 Conversely, a breakdown below this strong support level would confirm a bearish trend, with the price likely to decline further.
⚠️Again, this lovely triangle!!!Hi.
BINANCE:BELUSDT
Honestly, I don't feel like explaining because the chart says it all.
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BEL/USDT - Bella: BBand Breakout◳◱ On the $BEL/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 1.0205 | 1.1342 | 1.4202 and support near 0.7345 | 0.5622 | 0.2762. Entering trades at 0.9523 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Bella
▣ Rank: 668
▣ Exchanges: Binance, Bybit, Gateio, Mexc, Hitbtc
▣ Category/Sector: Financial - Asset Management
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 0.9523 ₮
▣ 24HVol: 5,269,554.701 ₮
▣ 24H Chng: 2.929%
▣ 7-Days Chng: 21.22%
▣ 1-Month Chng: 55.90%
▣ 3-Months Chng: 32.41%
◲◰ Pivot Points - Levels :
◥ Resistance: 1.0205 | 1.1342 | 1.4202
◢ Support: 0.7345 | 0.5622 | 0.2762
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 7.59
▣ Last 90D: 1.49
▣ Last 1-Y: 0.99
▣ Last 3-Y: 0.43
◲◰ Volatility :
▣ Last 30D: 0.65
▣ Last 90D: 0.68
▣ Last 1-Y: 0.85
▣ Last 3-Y: 1.52
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.57 - Bullish
▣ Reddit sentiment score is 0.48 - Bearish
▣ In-depth BELUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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Watch for Potential ConsolidationBEL 's price movement is hitting a key resistance at the upper Bollinger Band, indicating a temporary ceiling at around 0.7671. The MACD signals continued bullish sentiment, yet traders should be vigilant for any shifts in momentum, with the lower Bollinger Band at 0.7220 poised to offer support. The volume trend will be crucial to watch, as a decrease may precede a pullback, offering opportunities near the SMA at 0.7491.
BEL/USDT A Bullish Horizon Beckons? 👀 🚀BELToday analysis💎 Paradisers, keep an eye on #BELUSDT as it's showing some interesting moves. It recently hit a wall at a certain high point but seems like it's getting ready to jump higher soon.
💎 From what we've seen before, when places where a lot of selling happens start to attract buyers, NSE:BEL usually climbs up. It stumbled a bit at the .7683 mark, but it looks like it's picking up steam again, which could mean it's getting ready to break through that high point.
💎 The price is staying higher than its last low point, which is a good sign for those betting on it going up. There's also a chance #BEL could get a boost from the $0.6591 area, but if it falls below there, we might be looking at a downturn.
💎 While some of you, especially if you're new, might be thinking of jumping in now, remember to stay sharp and watch the market closely.
BELUSDT IDEAUPDATE
Breaking Symmetrical Triangle in Weekly Time frame
Successful Breakout can send it between 1.3- 1.4$.
COIN DETAILS
The live price of Bella Protocol is $ 0.695047 per (BEL / USD) with a current market cap of $ 45.18M USD. 24-hour trading volume is $ 7.22M USD. BEL to USD price is updated in real-time.
BEL Grab the Bull by the Horns and Invest Smartly 🐂## Bella Protocol (Bella) News and Disclaimer (as of February 17, 2024, 07:30 CET)
**Disclaimer:** I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions.
**Recent News:**
* **February 13, 2024:** Bella Protocol announced the launch of its V2 mainnet, which features several upgrades, including faster transaction speeds, lower fees, and improved security.
* **February 9, 2024:** Bella Protocol partnered with Ankr to provide decentralized oracle services for its DeFi applications.
* **February 7, 2024:** The Bella price reached a new all-time high of $12.50.
**Fundamental Analysis:**
* **Bella Protocol is a decentralized lending and borrowing platform.** It allows users to lend and borrow cryptocurrencies without relying on a central intermediary.
* **The Bella token (BEL) is the native token of the Bella Protocol ecosystem.** It is used for governance, staking, and fee discounts.
* **Bella Protocol has a total value locked (TVL) of over $1 billion.** This means that over $1 billion worth of cryptocurrencies is currently deposited on the platform.
**Overall, Bella Protocol is a promising DeFi project with a strong team and community.** However, the cryptocurrency market is still in its early stages of development and is subject to high volatility.
**Here are some additional resources that you may find helpful:**
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