Technical analysis

    Bella BEL – Do not miss this altcoin!

    By No Comments
    Bell on the daily chart
    • Only 5% of people will catch this massive upcoming uptrend on BEL. Others will jump in at the top, as usual.
    • As you can see, we have started this brand new uptrend with a very strong impulse wave, which indicates a powerful interest from the bulls!
    • You want to wait for wave 2 to be finished and catch the third impulse wave, which is usually the strongest wave of all of them.
    • Wave 2 is represented as a bullish flag , so you can buy a breakout above this pattern for a confirmation trade, which I strongly recommend to do.
    • 2.36 USDT is the first profit target for a quick profit, and the next target is 5.37 USDT.
    • The price bounced successfully from the 0.618 FIB retracement, which is another sign that the bottom could be in!
    • I don’t know about you, but I really don’t want to miss this altcoin!
    • Check out QNT altcoin, which offers an incredible opportunity in the immediate short-term!
    • https://www.tradingview.com/chart/BELUSDT/mIFEM9WX-Bella-BEL-Do-not-miss-this-altcoin/
    Share.

    Professional trader and analyst. My specialization is in Elliott Wave Theory, Fibonacci tools, chart patterns, candlesticks, and price action. To analyze market structure, I use market profile and volume profile in my trading system. To analyze trends, I use trendlines, VWAP, and simple moving averages.