$BEL , a reminder for long-term holders and investors about BEL.
1) The structure is broken, and the trend is downward;
2) The global decline will continue. Perhaps with local corrections;
3) The price is testing lower levels:
- $0.33 (this is -20% from the current price);
- $0.27 (this is -33% from the current price);
- $0.20 (this is -50% from the current price);
4) Do not rush to buy at random places. Be patient and wait for a reaction from the specified levels;
5) The decline may take 2-6 weeks, so evaluate the current situation every day;
6) The market is bearish!
7) Work with stop losses! A stop is a trader's friend, not an enemy.
3D chart (starting from May 2022).
Wishing everyone profit!
