BEAM, where are privacy coins going this YEAR?2X??
FA:
Mineable Coin
Privacy coins are going through a make or break year in terms of regulatory terms
Making strong progress in terms of Mainnet, Wallet development and introduction of Atomic Swaps
Venture Capitalist Backed Funding (Sell Pressure at highs)
TA:
FIb Retracement shows we can expect further upward movement and then some downward pressure
We can use the retrace to buy in LONG or enter it as a breakout trade
If it leaves this channel then we will be bearish
Has a Bullish Flag Pennant, therefore we can expect a strong pump if it holds
However, it is a wide bullish flag, suggesting that sellers do not wait to sell at highs, which is not good to see when investing in something long term
As usual, enjoy charting for you guys PLEASE SHARE/LIKE/COMMENT
-Megalodon Whales (Rahim)
BINANCE:BEAMBTCBINANCE:BEAMUSDTBINANCE:BEAMUSD
Stay safe, this is not financial advice btw :p
Mineable Coin
Privacy coins are going through a make or break year in terms of regulatory terms
Making strong progress in terms of Mainnet, Wallet development and introduction of Atomic Swaps
Venture Capitalist Backed Funding (Sell Pressure at highs)
TA:
FIb Retracement shows we can expect further upward movement and then some downward pressure
We can use the retrace to buy in LONG or enter it as a breakout trade
If it leaves this channel then we will be bearish
Has a Bullish Flag Pennant, therefore we can expect a strong pump if it holds
However, it is a wide bullish flag, suggesting that sellers do not wait to sell at highs, which is not good to see when investing in something long term
As usual, enjoy charting for you guys PLEASE SHARE/LIKE/COMMENT
-Megalodon Whales (Rahim)
BINANCE:BEAMBTCBINANCE:BEAMUSDTBINANCE:BEAMUSD
Stay safe, this is not financial advice btw :p
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