AlanSantana

Bella Protocol (BEL) Also At EMA100 Resistance...

Long
AlanSantana Updated   
BINANCE:BELBTC   BEL / Bitcoin
This is another pair that is facing resistance at the EMA100 blue line, BELBTC.

You can clearly see here how the price action is compressed between EMA50 and EMA100.

As soon as EMA100 (0.00004626) gets conquered, we see candles break and close above it, BELBTC will fly up and hit our targets marked with yellow squares.

If somehow it breaks lower, less probable at this point, we can some more consolidation and then we try again.

The bias is 100% bullish short, mid and long-term.

Patience is key.

Namaste.
Comment:
This one has lots of room for additional growth.

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