We have a very strong bullish set up for BEAMBTC, let's look at the chart signals:
1) We have higher lows since early January.
2) The trading volume is clearly going in favor of the bulls.
3) Prices are now trading above EMA100 and growing.
4) Strong MACD above zero.
5) Strong RSI above 60.
6) Rising channel.
7) Bullish altcoins market.
BEAMBTC looks really good...
✔️ We have strong signals for uptrend on BEAM/BTC with bullish falling wedges & full loading coins ... it can retest 2000sats easy.
📌My entry point: 📌
- 1150 sats - 1180 sats
💰 My targets: 💰
- 8500 sats - 11500 sats
👑👑 BTC , the king of crypto :)...
YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can...
Yesterday BEAMBTC closed below EMA10, EMA21, and EMA50, but today we can see a strong push above these levels with high volume.
This is marked yellow on the chart.
Based on the strong RSI and MACD, the high volume to break above EMA50, we can say that BEAMBTC is getting ready to move higher.
On a strong close today, we can expect additional growth.
Activation of the transaction only when the blue zone is fixed/broken.
The idea is to work out the resistance level .
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out...
Entry = 0.0000100 to 0.0000150
TP 1 = 0.0000230
TP 2 = 0.0000350
TP 3 = 0.0000430
TP 4 = 0.0000500
Period = 30 to 120 days
Potential = 260%
1. BEAM Recently Breaks its Down wedge
2. Bullish pennant about to break out
3. Golden Cross (50 EMA crossing 200 EMA in 4H)
4. Trading above 200 EMA in 4H
5. Also Trading above 50 in RSI
BEAMBTC broke the descending channel and now the price is testing daily resistance. IF the price will have a breakout and have a daily close above daily resistance and turn it into new support, According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
another beauty, this will take more than one ALt-season tho, maybe 2) , but it will reach the .886FIB for sure, its a DEFI coin, wont beat $HEX tho, but its an easy one to take at Binance, without those heavy fees at UNISWAP. Bull Div all around for this one also, as you can see, the 4H tf, the most important one