BELBTC - When the Graph & Indicators Disagree

Hello Everyone,
Today we are covering BELBTC. Here are the key take aways:

• If the Head and Shoulder formation is accurate, and the recent pullback is a confirmation of that, we can see a significant move upwards.
  
• MACD shows no reversal signs yet
  
• Pheonix (the indicator above) shows bearish pressure which could be amplified in the upcoming days.
  

Really interesting to see when the graph does not coincide with the indicators.

Personally will keep an eye on this one. BEL is connected to the BSC ecosystem, so (per my recent post) if we see a significant increase in BSC index, I could consider opening a position.