Serban’s Crypto Picks: Trading call update – $BEL TP reached
$BEL already broke our TP, went all the way up to $2.9. For anyone who didn’t set a take profit level, you can move your SL up to $2.6 and keep waiting to see where this goes. Worst case scenario It’s still a 35% profit either way.
Serban’s Crypto Picks: Trading call – BUY $BEL
Wednesday • 13 October 2021 • 08:54
We’re going for a quick trade on $BEL. Short term it’s looking good for a buy at $1.91; in these uncertain market conditions we’ll set a tight SL at $1.71, but also a solid TP potential at $2.58.
What Is Bella Protocol (BEL)? (Source Coinmarketmap.com)
Bella Protocol is a platform that provides a suite of DeFi products designed to make crypto banking simpler and more accessible. The protocol aims to create a better user experience by eliminating the high fee and slow transaction issues that can affect some blockchain platforms — while simultaneously improving the user experience through its simplified DeFi smart portal.
Bella’s smart pool feature allows users to access the best yields available in the DeFi market, while benefiting from nearly zero gas fees — since these are directly subsidized by the platform.
The project launched in September 2020 as the first project distributed via Binance’s Launchpool platform, and has secured investments from several prominent firms, including Arrington XRP Capital and Ledger Capital.