Bella Protocol (Binance: BELUSDT) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, BEL began a red wave one advance on September 15. The red wave one finished on the same day, and the red wave two (blue sub-waves a-b-c) correction ended on September 18. If this wave count is correct, BEL should be heading next towards the September 15 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Bella Protocol is described to be a set of DeFi products for one-click crypto banking. Crypto Finder interviewed the CEO one week ago.
(Sources: https://bella.fi/)How Will Bella Protocol Trade?
Bella Protocol (Binance: BELUSDT) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
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 September 15 peak
BEL will drop below the September 15 low
BEL will stay in a trading range between the September 15 low and the September 15 peak until October 25