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Betafinance

Breakout Alert: #BETAUSDT Has Broken Out of Falling WedgeYello, Paradisers! Are you ready to catch the next potential breakout in #BETA? #BETAUSDT has broken out of the falling wedge and let's where it's going: 💎#BETA is currently showing signs of a probable bullish continuation from a support zone at $0.05028. We've observed #BetFinance following a falling wedge for quite some time. Now it has broken above the descending resistance and is aiming for the internal resistance at $0.062. 💎If MYX:BETA holds strong at this level, there's a high probability of a bullish rally, similar to previous trends. A breakout above the probable resistance at $0.062 could lead to targeting the next resistance zones and beyond. 💎However, if the momentum doesn't hold at the key support, we might see a bullish rebound from the lower demand area around $0.041. 💎It's crucial to stay vigilant and monitor #BETAUSDT price movements closely. A daily closure below the demand area could invalidate the bullish outlook and potentially lead to further declines. Paradisers, you always need to treat the market as a businessman and not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
1
BETA/USDT in a Position for Bullish Rally? 👀🚀BETA Analysis💎Paradisers, let's delve into #BETAUSDT, where current market cues are hinting at an optimistic turn from a crucial support zone. 💎An analysis of #BetaFinance's recent market behavior reveals a notable 70% rally from its previous demand zone. Yet, the resilience at the $0.082 support level unveils possibilities for another upward rally. 💎The hurdle of reaching new peaks or outdoing past performances has nurtured a bearish outlook in the short term. However, the pivotal $0.082 threshold for #BETA stands ready to trigger a significant bullish response upon reevaluation. 💎With foresight in our trading arsenal, we've crafted a contingency strategy. Should #BETA retreat below this foundational support, we are set for a bullish resurgence from the subsequent support at $0.067. Acknowledging the critical nature of this level is crucial, as breaching it may herald a more pronounced bearish phase. 💎Ensuring flexibility in your trading strategies and acute market awareness is key, Paradisers. Rest assured, the ParadiseTeam is closely monitoring these movements, poised to steer you through these evolving market conditions.
CRYPTO:BETAUSDLong
by MyCryptoParadise_Simon
BETA/USDT Ready for its Next Bullish Momentum?👀🚀 BETA Analysis💎 Paradisers, let's take a closer look at #BETAUSDT, as it's currently showing signs of a potential strong bullish recovery from its important support zone. 💎 Examining #BetaFinance's recent market behavior, we've seen a gradual 30% decline after encountering resistance at a major supply level. Notably, there's been some resilience around the support level of $0.065, indicating the possibility of an upward shift. 💎 Despite facing hurdles in reaching new highs or surpassing past peaks, which has led to a short-term bearish outlook, the $0.065 mark is pivotal for #BETA. This level could potentially be the trigger for a significant bullish movement upon retesting. 💎 As proactive traders, we're always prepared with a contingency plan. If #BETA weakens at the $0.065 support and declines further, we're ready to target a bullish resurgence starting from a lower support level at $0.062. However, a fall below this second support level could indicate the onset of further bearish trends. 💎 Stay versatile in your trading strategies and alert with the market trends, Paradisers. Your ParadiseTeam is actively monitoring and ready to navigate you through these market changes.
Long
by MyCryptoParadise_Simon
1
🆓Beta Finance (BETA) Apr-05 #BETA $BETA BETA is retesting the $0.5 zone and this is an opportunity for us to buy and wait for a new strong rally to the $0.6 and $0.8 zone. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.5$ zone 🔴Buy : 0.5 🔴Sell : 0.6 - 0.7 - 0.8 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.5$ zone 🔵Sell : 0.5 🔵Buy : 0.44 - 0.38 ❓Details 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
1
🆓Beta Finance (BETA) Mar-28 #BETA $BETA BETA broke out of the $0.44 zone within a Symmetrical Triangle pattern and it is moving towards the $0.52 and $0.6 zones. $0.6 zone is still quite worrisome for BETA so we will need to watch more when BETA approaches this zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.44$ zone 🔴Buy : 0.44 🔴Sell : 0.52 - 0.6 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.44$ zone 🔵Sell : 0.44 🔵Buy : 0.38 - 0.32 ❓Details 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
3
#BETA, Is this another entry opportunity?A quick look at Beta (#BETAUSDT, 1D, Binance): Since my last idea , price found support on the $0.40 level and looks ready to give us some more fun! Main Points Yesterday, BETA has seen a considerable above-average trading volume, with price pushing as high as +20.89% at close. If BETA breaks through the EMA 50, it may go up to the most recent highs and even test the resistance of the range, for a +23.15% and +46.81% respectively at the time of writing. Strategy TPs set slightly below resistances: TP1: $0.63 TP2: $0.768 SL: n/a(*) Additional Reading If you want to read more about Beta Finance on CoinMarketCap, click here . What do you think? Any constructive feedback and positive vibes to improve my analysis are welcome. But if you enjoy my chart, please like, comment or follow me. :) Thank you and Happy trading! (*) I do not use Stop-Loss for the simply because that I do not margin trade, and I trade only assets that I do not mind keeping long-term should the price suddenly crash. ------------------------------------------------------ Some of my charts represent actual trades, and some are just paper trading. Check them out! Needless to say, this is not financial advice!
by BitfulMind
3
🆓Beta Finance (BETA) Feb-17 #BETA $BETA BETA is being rejected at the $0.6 zone and it is correcting towards the $0.50 zone, which is the zone that created a bear trap 4 hours ago. So the buying force at this zone is still quite good so we can consider buying. If this support does not hold, it will continue to fall to the $0.4 or even $0.3 zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.5$ zone 🔴Buy : 0.5 🔴Sell : 0.6 - 0.7 - 0.8 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.5$ zone 🔵Sell : 0.5 🔵Buy : 0.4 - 0.3 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
2
Beta Finance vs Tether Goes Bullish (395% Potential)Beta Finance vs Tether (BETAUSDT) is looking better than BETABTC. The charts are basically the same but as you can see from my targets this pair has higher potential for profits. Let's read the chart now. We can see a very strong downtrend until Jan. 24. Right before this date we had a challenge of EMA50 on high volume, followed by a rejection and then another try at resistance. Currently, BETAUSDT is challenging EMA50 with a volume breakout and bullish indicators. We are aiming UP! Note: If prices drop below support, the last low/bottom price of blue rectangle, this analysis is invalidated. Wishing you great profits & trade success in the week ahead. Thank you for reading. Namaste.
Long
by AlanSantana
8
Beta Finance High Volume Confirms Bullish Breakout 135% Potent.Let us look at Beta Finance vs Bitcoin (BETABTC) together as some reversal/bullish signals are starting to develop. First, notice the light blue space on the chart... This is our support zone. Once BETABTC reached this support zone in mid-January, prices jumped and challenged EMA50 as resistance, a complete rejection followed. Next, late January our support zone was tested again and after a brief break below it, 11-12 Feb., we see prices moving back up. We have high volume, a bullish RSI and the MACD shows plenty of room available for growth. We are aiming high next. 135% potential profits on the next jump. The blue rectangle should work as support/stop-loss in the case prices drop. This is not financial advice. Thanks a lot for the support. Namaste.
B
by AlanSantana
1
#BETA, Enter now for a potential +61% profit?A quick look at Beta (#BETAUSDT, 1D, Binance): According to CoinMarketCap, "Beta Finance is a permissionless money market on Ethereum for borrowing, lending and shorting crypto assets." The price has been trading in a descending wedge since its launch but may have found a support at the current level. Main Points If the support level holds, price may trade within a very profitable range. However, further drops cannot be crossed out considering the upcoming 2.5% increase in token circulation expected in February, according to Beta Finance's release schedule. Strategy TP1: $0.63 TP2: $0.768 SL: n/a(*) Additional Reading If you want to read more about Beta Finance on CoinMarketCap, click here . What do you think? Any constructive feedback and positive vibes to improve my analysis are welcome. But if you enjoy my chart, please like, comment or follow me. :) Thank you and Happy trading! (*) I do not use Stop-Loss for the simply because that I do not margin trade, and I trade only assets that I do not mind keeping long-term should the price suddenly crash. ------------------------------------------------------ Some of my charts represent actual trades, and some are just paper trading. Check them out! Needless to say, this is not financial advice!
by BitfulMind
11