$BEL/USDT 1D (Binance Futures) Ascending channel on support
Bella Protocol is up-trending inside that channel, it is likely to make a massive move-up if bounces on support.
Also, we can see it has broken-out bullish of that falling wedge and is now retesting it!
Current Price= 3.2669
Buy Entry = 3.2400 - 3.0100
Take Profit= 4.0610 | 4.9950 | 7.1170
Stop Loss= 2.499
Risk/Reward= 1:1.5 | 1:2.99 | 1:6.38
Expected Profit= +29.95% | +59.84% | +127.74%
Possible Loss= -20.03%
Fib. Retracement= 0.5 | 0.7862 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 months
Also, we can see it has broken-out bullish of that falling wedge and is now retesting it!
Current Price= 3.2669
Buy Entry = 3.2400 - 3.0100
Take Profit= 4.0610 | 4.9950 | 7.1170
Stop Loss= 2.499
Risk/Reward= 1:1.5 | 1:2.99 | 1:6.38
Expected Profit= +29.95% | +59.84% | +127.74%
Possible Loss= -20.03%
Fib. Retracement= 0.5 | 0.7862 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 months
Trade active:
All entries filled
Bella dipped as planned so far, let's wait for the bounce now! 🤞🏼
Bella dipped as planned so far, let's wait for the bounce now! 🤞🏼
Trade closed: stop reached:
SL hit with -20.03% (1x) and -1R
Ascending channel broke-down for Bella, entered back inside the wedge and Head & Shoulders pattern turned out to play out...
Somehow, we created the signal with 2x leverage instead of 1, so the bigger loss! 😞
Ascending channel broke-down for Bella, entered back inside the wedge and Head & Shoulders pattern turned out to play out...
Somehow, we created the signal with 2x leverage instead of 1, so the bigger loss! 😞
