BEAM/USDT - Possible growth up to $3.9 Big accumulation channelHello everyone, analyzed the BEAM/USDT pair
There is local accumulation that lasted a very long time (to be exact - 521 trading days),
The price has left this channel of accumulation and its first target will be the storming of the last resistance in the dollar pair, namely the level 0.985 -1 $
On the chart, by tradition, I marked the direction and the approximate course of price movement with arrows. These are two options with different accumulation levels before the breakout.
Therefore, you need to work according to the system, trading wisely and adding positions on pullbacks.
The last and main constraint is the $ 1 level. In a pair with BTC, it is now also close to the main resistance. Running ahead, after fixing, the BEAM has targets of $ 1.5-1.9-2.5-3.9 from above.
main support zone - 0.73-0.86$
Interest has grown since yesterday, the volume for buying has increased in the "order books"
Fibonacci levels coincide with all the levels that I looked at as support and resistance
It makes sense to work in the medium term, since the project is not a scam, and not because the price has returned from the range, but because the project is promising. But I don't know the future, and I don't know what will happen in a minute.
"This is just my opinion, trade with your trading system
Have a nice day and come back again."
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Write your opinion, whether there is a place to buy here, and open a long position
Beam
BEAMUSD Short and Long term targetsPattern: Channel Up on 1D.
Signal: Buy as the price is on a strong rebound on the 1D MA50 (blue trend-line).
Target: Short-term 1.2500 below the 1.5800 Resistance and on the Higher Highs trend-line of the Channel) and Long-term 2.000 (above the 1.5800 Resistance and on the Higher Highs trend-line of the Channel).
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Beam Cryptocurrency Buy SetupBeam cryptocurrency token price about to make really good breakout here Buy above 150 sats
we will play breakout here will enter the trade when price go above the 150 sats
Buy above : 150
Stop : 105
Target : 165 , 180 , 201 ,230
🔥 BEAM Bullish Price ActionBEAM has slowly but surely been increasing in value over the past two weeks. As seen on the chart, the asset is showing us classic bullish behaviour with producing higher highs and higher lows all the time. Since it appears that BEAM is also trading in a rising wedge, I've placed the entry at the bottom support of the wedge.
Before entering this trade wait for the price to touch the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
BEAM Looking To Move Higher (MA200 Original Signal)Here we have my classic MA200 signal to spot a bullish breakout...
When you see the MA200 line moving lower, you can expect prices to move higher.
The candles tend to gravitate towards this line.
We also have an ascending channel, prices moving above EMA10/21/50, bullish RSI, and bullish altcoins market.
BEAMBTC is now aiming for a higher high above 0.0000191 (MA200).
Thanks a lot for reading.
Namaste.
NPXS above channel and respecting the Beam bands 02/23/21I am very impressed in how PundiX is respecting the top of this channel break out. We are still within the top Beam bands and also made contact with the top of the channel. If we stay above this channel and just below the top of the Beam bands we could follow this channel trajectory and possibly see $0.01 by May 1st, 2021 as the Beam Bands come in contact with the top of this channel. We will see.
BEAMBTC (BEAM) - DAILY ANALYSIS ANALYSIS 🔎
- BEAMBTC was bounded in a falling wedge pattern.
- A falling wedge pattern is a bullish reversal pattern.
- Price brokeout above the falling wedge's resistance.
- This is a bullish signal.
- RSI also printed a bullish divergence signal.
BUY ENTRY ⬆️
- Market price.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
SETUP INVALIDATION ❌
- Breakdown below the swing low horizontal support level (S1).
A stretch of the imagination breakout for BTC 1st quarter 2021I know this is a stretch of the imagination here but could we be setting up for a similar pattern out of the beam bands as in 2013. You can see this in the link provided how Bitcoin broke through the Beam bands twice. The first break out was 156% above the Beam bands with a total 1800% bull run from the bottom of 2013. We then established a low down to between $50-$65 which was about an 80% drop. After this massive correction, BTC went on to break all-time highs above $1100 and also breaking above the Beam Bands as well. I am wondering if this could happen again this Bull cycle. I really thought we were going to see a correction after we hit above $40k and drawback down to a healthy $22k level but as we all can see Bitcoin still is showing some kind of momentum here and if it proves as strong as it looks we may be in for a surprise. If this plays out we could see a $155k BTC price with a correction back down to around $38k as seen on this updated channel. After this massive correction of about 75% we then set up for a second Beam bands break out and into the second all-time high for 2021-2022.
Please understand that this information is not meant for trading it is just my opinion and all trades should be done with extreme caution as all monies can be lost as nothing is guaranteed in any market. I am just trying to analyze this as a possible rhyme in the BTC chart pattern of 2013.
BEAM - A colorful chart with lines tells us: Bullish DivergenceBEAM, a Polkadot Ecosystem Coin that will be well used going forward, has hit a low for a 2nd time, and I believe will not retrace down a 3rd. If it does, we will have a lot of consolidation and a triple bottom, and we should shoot up faster.
This coin will become more popular in the coming months, as Polkadot starts to announce its Parachain Auctions, calling attention to what exactly each coin does.
Moonbeam is behind a lot of what Polkadot hopes to accomplish with its multichain features. Beam is one of those features. The popular Polkastarter was just deployed with BEAM.
Buy before this date: Q2 2021 - Launch on Polkadot MainNet
***Side note on a coin deployed to same network as BEAM*** KUSAMA is required (buy it) to be selected for Parachain Auctions. The projects must first deploy their coin to the Kusama Network to test and get the bugs out, which is a requirement from Polkadot. This Kusama will be undervalued until the public finally understands what exactly it does.***
2021 2nd look at marketcaps for Bitcoin and Altcoins12,553,081,000,000 altcoin marketcap
4,650,000,000,000 Bitcoin marketcap
If Altcoins do the same percentage gains at end of 2017 beginning of 2018 then we could see a spike in the market cap as high as $12 Trillion plus if we follow the Beam Bands of the last bull run. I know this is a little too much to expect but with all the information we have on the financial direction globally I would not put this a mere fantasy. Bitcoin reaching anything above $250k would bring its market cap to about $4.6 Trillion or so and if it is commanding a 30% control then it would make sense for Altcoins to reach this insane $12 Trillion market cap if it commands 60% of total market share. I know this is a lot to think about. Notice how we go above this Beam Band by about 322%. This happened in the last bull run where Bitcoin went outside the Beam Bands by about 322% so I am just thinking that this could happen again but of course, there is no certainty but only speculation.
BEAM Start moving after Bullish Divergence - BEAMBTC BEAMUSDTBEAM Start moving after Bullish Divergence - BEAMBTC BEAMUSDT
✳️Beam/USDT (28/10) #BEAM $BEAM #BEAMUSDTBEAM is in a very strong downtrend and is likely to drop further over the next few days.
This downtrend can be so terrible that we can hardly imagine the target towards $0.05-0.07 zone.
📈BUY- LONG Strategy
- Wait to buy at 0.05-0.07$
📉SELL-SHORT Strategy
- Sell as close to $0.25-0.27 as possible
♻️BACK-UP Plan
- If BEAM rebounds and closes a 1D candle above $0.27 and the target target is the $0.45 zone
BEAM Found a New SupportBEAMBTC is Going for a Strong Support Zone at 0.00000500 Sats
❌MOM: Bearish Momentum
❌SMA: Price Below SMA Bearish
❌ADI: -DI > +DI Bearish
✅MACD: Bullish
❌PSAR: Bearish
Support And Resistance
S: 0.00000500
S: 0.00001710
R: 0.00001890
R: 0.00001970
R: 0.00002070
R: 0.00002210
R: 0.00002310
Volatility is moderately low
⚪️RSI:No divergences
⚪️MFI:No divergence
⚪️FVE: No divergence
⚪️Volume: No Trend or volume confirms trend
Not a Financial Advice
Do you're own Research
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