- Selloff to start the trading day - Potential reversal forming around $25.57 with wicks below - Low trading volume = $2.6 million and counting
1 With same direction, in less than 3 months, the MACD will cross the horizontal line. 2 All the price is on a huge descending wedge, which is a bull sign. 3 Someone bought tones of coins at 20 sat
BitBean (BITB) Overview Bean Cash (Ticker: BEAN) is a re-brand of the digital currency and network, previously known as “BitBean” (Ticker: BITB). The “BitBean” blockchain and network began on February 13th., 2015. In 2018 a private company (unrelated to the crypto currency previously known as “BitBean”) began using US Trademark authority to usurp the name...
After building a nice support for the last 8 weeks (27SAT-30SAT) it's ready to bull up to 149 SAT (1st target 119, second 149, and so on to NEW HIGH !!
At the 1-hour time frame the price is in the oversold zone. DMI shows low volatility and standard deviation, this means there is a low probability of breakdown. It can be seen the price broke through Fib 0.786 which is around 0.00000033 and volume grows. This level acts like a support now. We recommend this trading opportunity in the short term. Free target, buy...
Again it's finally that time - BitB is about to move in the right direction. As you can see we found our bottom around 30. This coin tends to pump when it moves and this is what we don't want to miss The market has been very dry lately and Bitcoin may predict the outcome of the coin. We are currently setting up for the same scenario chart wise prior to the last...
Let's go straight into the chart for BitBean (BITBTC). We will be looking mainly at the weekly time frame together, you can check the other yourself for training and learning. - You can see BITBBTC all time high at 475 satoshis. This happened back in June 2017 and gives us 868% profits potential from current price (49 satoshis at the time of this writing). The...
#BITB RSI in the scale of one week is still close to oversold, but is ready to rebound. On a 1-day scale, BitBean is already bullish and can continue its momentum. For a long time, the market fell and formed a downward wedge, a figure that indicates a subsequent growth. In August, strong support was found, and in September it was possible to overcome the upper...
Weekly chart shows a nice tradition of profitable pumps. According to cycles theory we might be in the beginning of a new one. The price bounced of higher support level than previous lowest and goes up. While on a weekly chart trend reversal is not that clear, day chart looks more positive. Doted SR lines are based on day chart while solid on weekly. I will...
I really like #bitbean aka #beancash project and here's my daily view about it. Price has been slowly decreasing over the last months and now has reached a level that I think will act as a support (the 50sat range). And if it doesn't go down, it will eventually go up. Added a fractal to show what I would like to see and it fits most of my levels... let's see in a...
Today BitBean has reached the low, hitting 57 satoshis level. There it has rejected the 88.6% Fibonacci retracement level as well as reached the bottom of the descending channel, and rejected it. The RSI oscilator shows the bullish divergence which could mean that the bottom has been reached and price could start to move upwards. While the support is holding the...
BitBean (BITB) Trade by Alan Masters TRADE INSTRUCTIONS Buy in: 75 - 85 BitBean (BITB) Targets: (1) 96 (2) 113 (3) 126 (4) 142 (5) 170 (6) 193 (7) 240 (8) 275 Stop loss: 72 Capital allocation: 2%. Time: 2-8 weeks for trade to start to develop. Namaste.
Main idea: At the latest attempt to breakout, it looks like the markets didn't manage to have the momentum it needed and so, it naturally pulled back down to support reload zones as well finding support on fib speed fan levels. When I look at this formation I can see this moving up again soon to make the the 3rd breakout attempt...
Bitbean, looks like an easy profit ahead, got great potential and early stages. This is a safe trade as we run a tight stop loss. 50% profit potential with a risk of 5%. We buy once we have a confirmed break out of the triangle targets are green lines. Good momentum on this coin, need the volume to increase to confirm the move. We DO NOT enter until the break...
Looking at BITB, it looks like there have been 5 waves completely since it began trading. After the completion of the 5th wave, it retraced back to near the end of wave 4 which is an indication that my count is correct. From here we have completed the first and, what looks like, the second wave of this new impulse wave. This is in synchronised with most other...
A few weeks ago I predicted with pinpoint accuracy the #Bitbean / #Beancash breakout, I was quite surprised regarding the extent of the push, didn't expect it to go as high in such short time but it made that crazy push and price have been correcting since then. Today I was looking at the chart fishing for clues and I notice a possible move were the last push was...
Update on the idea published on the 23 Jan 2018. I'm still waiting for that 1000sat range // around $0.1 I think the price it's about to breakout sooner or later. It may happen on this bullish push that has been happening in the last day (a), or it may suffer a little pullback to fib retracement levels regarding this move (b) before starting to climb again to...
On the 6th of January BitBean found the top at $0.042, after which it declined back to $0.0054, losing 87% to USD. At $0.0054 it found the support confirmed by 227.2% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout. The support was rejected twice while the RSI oscillator formed a bullish divergence, suggesting the...