Bella Protocol (BEL) Cup & Handle Pattern + Target

6 Mar 2021

Here we have the Cup & Handle pattern on the BELBTC (Bella Protocol) chart.

If you look closely, you can also notice we have a higher low recently as well as prices closing above EMA50, all bullish signals.


BELBTC Chart

The blue space is where short-term support is found if prices drop.
Below this level, the pattern gets invalidated.

The next target is marked on the chart.

Namaste.

6 Mar 2021

Not

inverse Head & Shoulders