BEAMUSDT trade ideas
BEAM ChartHey,
The second chart I would like to share..
Is the one.. called BEAM.
BEAM is a cryptocurrency that focuses on privacy, scalability, and decentralization, leveraging the Mimblewimble protocol to provide enhanced privacy features.
Trying to fix some of the challenges of existing blockchain networks:
scalability
privacy
storage
With that said, I have some gaming exposure, this is my largest one regarding this industry.
Price is moving from the demand area, expecing some clean volatility now.
Here's my 1st target.
Kind regards,
Max
Can #BEAMX Bulls Finally Turn the Tide? Key Levels to Watch Yello, Paradisers! Can #BEAMX finally turn the tide around or not? Let's discuss the latest analysis of #BEAMX and see what's happening:
💎After 4-5 months of a slow grind downward, #BEAMX is now at a make-or-break moment. The price is testing the upper boundary of a Descending Broadening Wedge, thanks to a solid rebound from the major demand zone at $0.0139. But the pressing question is—can the bulls maintain this momentum and spark a genuine rally?
💎For a true breakout to occur, #BEAMXUSDT needs to surpass the critical resistance at $0.0211. This level has flipped from strong support—tested twice in the past—into a barrier that must now be overcome. If the bulls can clear this zone, backed by a spike in trading volume and the 20 EMA, it could be a signal that they're ready to seize control and drive prices higher. In this case, brace for a potential surge toward the next significant resistance.
💎If the bulls can’t sustain the rally, a pullback toward $0.0139 may be on the cards, potentially retesting the breakout point. Failing to hold this level could spell trouble, with #BEAMXUSDT likely slipping back to the $0.0112-$0.0122 support zone.
💎The real danger emerges if the $0.0112 support fails. Breaking below this level would likely hand control back to the bears and lead to a deeper correction dashing any hopes for a short-term bullish comeback.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
#BEAMX/USDT#BEAMX
The price is moving in a descending channel on the 4-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at the price of 1730
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.01795
First target 0.02015
Second target 0.02176
Third target 0.02375
Buy Trade Strategy for BEAM: Tapping into Privacy-Centric Blockc
**Descrizione**:
This trading idea centers around **BEAM**, a cryptocurrency focused on privacy and confidentiality through the use of the **Mimblewimble** protocol. BEAM stands out in the market by providing users with full control over their data and transactions, ensuring privacy at every level. Its unique approach to scalable and confidential transactions has drawn attention from privacy-conscious investors and developers alike. With increasing regulatory scrutiny on data privacy worldwide, BEAM's fundamental value proposition becomes even more relevant. Its roadmap, team expertise, and ongoing developments make BEAM an intriguing asset for those looking to invest in privacy-oriented blockchain technologies.
However, it's important to recognize that cryptocurrency markets are highly volatile, and factors such as market sentiment, regulation, and technological advancements can lead to rapid price fluctuations. Investors should be prepared for these risks.
**Disclaimer**:
This idea is for educational purposes only and should not be interpreted as financial advice. Cryptocurrencies are highly speculative and involve substantial risk, including the possibility of complete loss. Always perform your own research, consider your financial situation, and consult a financial advisor before making any investment decisions. **Past performance is not a guarantee of future results**.
BEAM- the Top Crypto Gaming Project?BEAMUSDT – Breaking Out and Aiming for New Highs! 🚀
📈✨ BEAM is Up 7% Today - Can We Hit $0.05? 💹
BEAM is one of my top picks, and today it's up 7%, bringing us to $0.02. Having scooped up some BEAM at $0.005, we’re sitting comfortably now. If you're in this trade, make sure to take some profits to cover your initial investment.
I see a small breakout above $0.020 with my next target being $0.027. From there, I’m eyeing the orange level just under $0.050 for a larger profit-taking opportunity. With BEAM now over the $1 billion market cap, be mindful of potential whale activity as we push toward the next targets.
Volume remains modest, which is good news for now, but keep an eye on potential pullbacks to the $0.013 support level.
Let’s see if this breakout has the legs to reach our targets!
One Love,
The FXPROFESSOR 💙
BEAMX/USDT: READY FOR A 200% MOVE TO THE UPSIDE!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
BEAMX looks good here. It breaks out from the falling wedge-like structure and looks ready for a 200% move to the upside. Buy some now and add more in the dip.
Entry:- CMP and add more up to $0.017
Target:- 150-200%
SL:- $0.0152
What are your thoughts on BEAMX's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
BEAMAX USDT 2H 1. Rising Wedge Pattern:
The chart shows what appears to be a rising wedge pattern, which is generally considered a bearish pattern, signaling a potential downward move after the price reaches the apex of the wedge.
The price is currently nearing the support zone at the lower trendline of the wedge.
2. Breakdown Scenario:
The price has been declining and appears to be testing the lower boundary of the rising wedge. If the price breaks below this support, it could trigger a larger downside move. This would invalidate any bullish structure and could lead to a sharper drop.
3. Key Levels:
Support: The current support zone is located around 0.01667 USDT and lower. If this breaks, the next support is around 0.01551 or even lower near 0.01515 USDT, as shown by the lower trendline.
Resistance: The immediate resistance level is near 0.01841 USDT, which is the upper boundary of the wedge. If the price somehow holds support and bounces, this level could be tested again.
4. Potential Scenarios:
Bearish Breakdown: If the price breaks down from the wedge, the downside target could be around the previous lows near 0.01551 USDT or even lower.
Bullish Rebound: If the price manages to hold support and rebound, the rising wedge pattern would still be intact, and the target would be around 0.01841 USDT. However, the overall bias would still remain bearish unless a significant breakout occurs above the upper wedge line.
5. Risk/Reward Setup:
The stop-loss appears to be placed somewhere just below the wedge's support level. This is a reasonable risk-management approach, as a break below this support could indicate further bearish momentum.
Take profit seems to be targeting a higher level near the previous highs in the wedge, allowing for a potential upside if there’s a strong rebound.
Conclusion:
Given the rising wedge pattern, there is a higher probability of a bearish breakdown if the price falls below the support line. It’s crucial to watch how the price reacts around the current support levels. If the support holds, there could be a temporary rebound, but the risk remains to the downside due to the overall wedge structure.
BEAM: Look at the monster divs on both 1D and 1WBoth daily and weekly divs could potentially signal a shift in momentum for $BEAM.
Other thoughts:
-massive flush after 6 months of bleeding
-vibes at all time low
-touched 0.01
-media is already claimin Kamala is winning
-WW3 fud at all time highs
Taking long here.
nfa
Downtrend breakout at daily Chart
6-month downtrend breakout on Daily Chart
Clear double top reversal pattern at 0.0113 followed by the breakout
Trading near strong support level at 0.0165 that at this moment is acting like a resistence for the comeback after the breakout
Last time we had a double top reversal pattern in a downtrend, we went +50% up in 5 days.
Great entry point here with first target at 0.0222 (+30% gains downside of a 13% SL)
T2 at 0.0294
$BEAM TREND BASIC OVERVIEW
Operating in a downtrend on the daily chart since the end of March 2024.
Broke a strong support at the 0.016 region.
Open avenue all the way down to 0.010 - 0.007.
Waiting for the consolidation of this break:
If it returns to trading above 0.016, buy.
Strong indicator and buy: 0.017 - 0.020.
If it doesn't hold, enter again at 0.007.
#BEAMX: 200% Potential Gain Ahead!Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
BEAMX has recently broken above the resistance trendline and is hovering near our accumulation range between $0.01399 and $0.01698. A retest is likely after a clean breakout above the 50 EMA, which could present a buying opportunity within the accumulation range.
The dotted horizontal lines represent the resistance levels that BEAMX will test as the price rises.
Key levels:
- Confirmation: Breakout above 50EMA & Resistance trendline.
- Accumulation Range: $0.01399-$0.01698.
- Lower Support: $0.01093.
- Primary Resistance: $0.01964.
- Targets: $0.01964, $0.02355, $0.03067, $0.04350.
DYOR, NFA.
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#PEACE
SHORT BEAMLooking at CoinMarketCap's top losers list you can see that the cryptocurrency by the name of BEAM is present.
Losing over 8% in the last 24hours I still see more downside for this crypto.
BEAM lost 24.52% of its trading volume in the last 24hours.
What Is Beam? (Beam)?
The NASDAQ:BEAM token serves as the native crypto asset for the Beam network, a gaming network empowered by the Merit Circle DAO. Beam is an ecosystem where gamers and developers come together to shape the future of the gaming industry. One of its core components is the Beam SDK, which is a flexible software development kit that enables game developers to choose between a variety of tools that can be used to fuel and structure their in-game blockchain elements.
To interact with Beam, NASDAQ:BEAM is required. This is the native crypto asset used within the Beam network to pay for transactions. This not only includes transfers of assets but also involves all interactions with smart contracts on the Beam network, facilitating a seamless, immersive gaming experience.
Besides functioning as a gas token that fuels the Beam network, NASDAQ:BEAM is the heart of the governance of the Merit Circle DAO. This decentralized autonomous organization (DAO) was brought to live in early 2021 to revolutionize the gaming industry. The NASDAQ:BEAM token allows its holders to participate in governance of this DAO.
Also looking at price performance for BEAM, its current price is 69% below its all time high.
My price point for BEAM is at 0.010325$.
My stoploss is at 0.015348$.
It gives us a 1.89 risk/reward which is a high risk move.
BEAM is showing potentialNASDAQ:BEAM is showing strong potential.
After a period of downtrend, it has now entered a phase of sideways price action, which is likely to form a base at this level.
I have already bought in, and I believe NASDAQ:BEAM could be a game-changing coin for the gaming narrative!