BEAM in a downward trendchannelHello traders,
Here is a chart of BEAM-USDT on the 4 hour chart
We see a huge move from 40% in BEAM. But we can clearly see that we have are a downward trend channel. A breakout above 1.4 USD with a lot of volume could push the price to the top of the downward trend channel.
For a further healthy rise we need an RSI above 60 and good volume otherwise gravity will do its work.
Currently there is resistance through the trend line at 1.4 USD and the moving averages as well at a higher level the top of the downward trendchannel.
Everything will also depend of how Bitcoin develops because this is the leader of the Crypto currencies.
Take care and If you short then clearly place a stop above the trendline. Targets are then the lower trend line at 1 USD.
Beam
🔥 BEAM Channel BounceAfter falling substantially earlier this week, BEAM has found support at the bottom of the channel. My take is that BEAM will target the top of the channel in case of sentiment staying bullish.
Seeing we dropped over 15% in recent days, I'd say that investors are flocking back into the market to scoop up cheap alts, one of them being BEAM.
Happy trading!
long opportunity in beamAs can be seen from the chart, the price of the beam is involved in the ceiling.
If it can break its roof vigorously, it can grow to its stated goals.
If it returns from the ceiling and fails to break it, it will fall to the bottom of the triangle again.
So in your transactions, observe capital management and loss limit.
BEAM is trending heading to next resistance #BEAMBTC - Very interesting breakout in $BEAM. An entry signal was already given in Feb by the RSI. The 48.5 barrier was taken over, the volume increased and the first trend line was broken.We see the same with the current breakout. #beamusdt #BEAM
BEAMUSDTHello to you all. Mars Signals team wishes you high profits at all times.
Experience a falling price, we think it is the end of the fall, and with the next positive candle, loved ones who want to have a safe purchase will wait for the next positive candle to open, and those who want to trade at a risk can make their purchase at this price. Specified targets.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
BEAM/BTC 38% profit now so congrats guys#BEAM/BTC Profit Update:-
#BEAM currently trading at 2720 Satoshi and Went upto 2930 satoshi
Almost 38% profit from our entry zone.
Entry:- 2100 Satoshi
TPs :- Still pending
Placed stop loss at your entry.
Still more upward move coming soon.
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BEAM/BTC bullish as per TA & My Target is 300% please read full#BEAM/BTC TA Update:-
#BEAM currently trading at 2010 Satoshi
And If you reading chart then Very good Head $ Shoulder Pattern in bottom.
So You can buy small Quantity.
Entry: 1600-2010 Satoshi ( Partially buy )
Targets:- 3530/4440/5290 satoshi
16000 Satoshi is strong support level of the Head and shoulder pattern.
Support:- 1600/1200 Satoshi
Resistance:- 2300/3530/4440/5290sat
Please click LIKE button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
BEAM can complete this pattern wave 2 or b is going to be completed. then i expect a push through wave 3 or c.
🔥 BEAM Triangle TradeOver the course of five weeks, BEAM has formed a nice triangle for us to trade. The general direction of both BEAM and the crypto market as a whole is predominantly bullish, so I'm confident that BEAM with resume its bullish push fairly soon.
Buy: 1.15
Target: 1.3 - 1.45 - 1.6
Stop: 0.995
Happy trading!
BEAMUSDT Hello to you all. Mars Signals team wishes you high profits at all times.
In the 4-hour timeframe it has formed an inverted head-and-shoulders pattern and now we expect it to reach its TPs.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Beam/USDT coming daysTbis is not advice, its my first chart ever so please leave comment where im wrong 😁 thanks....
I dont have expirience😁 just learning 💵💵
$BEAM, Crossing over ~1900 sats w/ increasing volume $BEAM
Crossing over ~1900 sats w/ increasing volume & UCTS bullish across multiple timeframes..
~25% daily candle already..
Looking for it to hodl- R/S flip this level as signal of continuation..
If happens, 2700sats as 1st target
#BEAM
BEAM is breaking the descending wedgeIf BEAMBTC breaks this wedge, it can reach up to 870 in mid-term
BEAM C/HTarget For double bottom achieved
neckline for the cup is broken
we need a retest on fibo to go for c/h target
Great triangle⚖️Watch it careful, wolves🔥
One more interesting formation for you.
Ascending triangle on BEAMUSDT crypto pair.
We were waiting for this trade.
This triangle became circumcised, because according to Elliott Waves theory price made Wave C and broke resistance level.
So potential retesting the level is expected.
Follow the chart and look for the best price to enter carefully.
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And always remember: "we don't predict, we react".
BEAM News AnalysisI predict with the best probability the future trends, my ideas are reserved for the experienced trader. #UniversTrader
Beam coin completing Shark pattern for upto 51% profit moveHi dear patrons, hope you are well and welcome to the new update on Beam coin.
On a 4-hour time period chart the price action of Beam is completing the formation of a bullish Shark pattern and soon it will be entered in buying zone.
This trade has a huge profit possibility of 51%,%, and the high loss possibility up to 12%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Beam Hits New High, Challenges MA200 (Next target mapped)BEAMBTC hit a new high today compared to 13-Feb.
Earlier we looked at the MA200 signal, which is a very simple and easy to spot signal, see it here:
BEAM Looking To Move Higher (MA200 Original Signal)
BEAMBTC Chart Signal
We have good volume, increasing.
We have a strong RSI and bullish MACD.
The TD Sequential is bullish.
The candles are also bullish with prices trading above EMA50 and EMA100.
There is plenty of room available for additional growth mid and long-term.
The short-term can always produce some consolidation, retraces, and correction but the bullish bias is present there as well.
Namaste.
