BEAM/BTC (Potential Double Bottom?)
BEAM/BTC
-Beam retested the previous swing low support area
-Currently, the price is holding of this level of support
-But on the bigger picture, we can see a descending trendline of resistance
-This will become a barrier in the short term trading
-If we can see a break above this resistance line and hold it
-That is a good Buy signal for potential true reversal form
-For now, it is likely to trade inside this triangle pattern
-enable your alerts and add this coin to your watch list
-Beam retested the previous swing low support area
-Currently, the price is holding of this level of support
-But on the bigger picture, we can see a descending trendline of resistance
-This will become a barrier in the short term trading
-If we can see a break above this resistance line and hold it
-That is a good Buy signal for potential true reversal form
-For now, it is likely to trade inside this triangle pattern
-enable your alerts and add this coin to your watch list
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.