Bella Protocol (Binance: BELUSDT) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, BEL began a red wave one advance in November 2022. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in February this year and the red wave two (blue sub-waves a-b-c) correction ended on June 10. If this wave count is correct, BEL should be heading next towards the February peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Bella Protocol offers a suite of streamlined tools to unleash your liquidity potential and maximize crypto yields. You can find their latest monthly report here.
(Sources: https://www.bella.fi/)
How Will Bella Protocol Trade?
Bella Protocol (Binance: BELUSDT) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below
BEL will takeout the July 17 peak
BEL will drop below the June 10 low
BEL will stay in a trading range between the June 10 low and the July 17 peak until November 2
Comments