Keep an eye on #BELUSDT as it approaches key levels.🚀💎 Paradisers, for #BEL, we may anticipate a bounce from the supportive trendline, especially as the price has shown a Change of Character (CHoCH) towards a bullish market structure, which enhances the likelihood of a bullish move.
💎 If #BELUSDT finds support at the supportive trendline and bullish Order Block (OB), and demonstrates CHoCH and Break of Structure (BOS) on lower timeframes, then a rebound is expected.
💎 However, if there's a breakdown of the bullish OB and supportive trendline, a bearish trend might unfold, but I would prefer to disregard any short-term bearish movements for now.
Belusdt
Don't miss the great buy opportunity in BELUSDT @ Bella Protocol
Technical analysis:
. BELUSDT is in an uptrend, and the continuation of the uptrend is expected, once it will trade above supply(resistance) zone
. Short term trader book profit in supply zone & enter again by using any Indicator above supply zone
. There is a possibility of temporary retracement to the suggested support line.
If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back
. . . . . . . . Hit the 👍 LIKE button
Trade well,
KITEcrypto