BEAMXUSDT trade ideas
Beam $Beam #Beam Beam is a perfect example of why you look at things on multiple time frames before you just make a quick decision on if something looks good or bad from just one point of view. It has had a rather deep correction and still could go lower. However, if you really understand the project as well as the type of heavy influencers it has behind it. It should be a somewhat easy buy/DCA at these levels especially if you have no exposure yet to it. most think it is going to be 20-50x + from this level by the end of this cycle. It also is a Gaming project that could end up being one of the few that ends up with real world utility proving that it ends up if not this cycle, then maybe the next. Being immune to Bear winters in the way other projects get. Not sure what you know about gamers, but they don't operate in 4-year cycles, lol these guys play 24/7365 and often even more during holidays.
Regardless of if it goes lower or not IMO these are good entries to begin with for future gains.
As for the charting shared and my indicators you can see that it looks a lot better on the daily then it does on the weekly which clearly has a strong sell signal currently. However i feel the daily looks close to throwing up a BUY signal and it could be about ready for a decent bounce even if just temporary. Only you know what your time horizon is and if you're trying to invest in your future and or make a swing trade vs a day/short term trade.
IMO Don't sleep on BEAM
If you ever wanted to follow early to accounts that stay in the game and up with what's going on and wish you made a appearance with them prior to them being bigger followings etc. this is a great opportunity lol with me, my larger OG account I've spent the last several years and all through the bear building was killed by X and now I'm starting over from scratch.
I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame.
I think that this can really help speed up learning for many and to open their minds to variables.
As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so.
Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders.
I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have.
For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms.
Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.
#BEAMX: IS READY FOR A BIG Move!#BEAM
about BEAM
NASDAQ:BEAM is the native crypto asset for the Beam network, an ecosystem that brings gamers and developers together to shape the future of the gaming industry. It's used to pay for transactions and interactions with smart contracts on the Beam network, and also serves as the heart of the governance of the Merit Circle DAO.
Our strategy is to accumulate the coin on every dip. This means that when the stock price experiences a temporary decrease or correction, you are taking advantage of the lower prices to increase your position in the coin. This approach is based on the belief that the overall trend of the stock is positive and that buying during dips could lead to potential profits when the price rises again.
accumulate zone (CMP and upto $0.03)
#DYOR
BEAMX crypto should target 0.0564Daily chart, the BEAMX crypto is drawing a rising trend-line, with high probability to cross the R1 line.
After crossing the resistance R1 line, the target will be hitting the next resistance line R2 at around 0.0564
Be careful with the profit protection level and stop loss!
There is relatively high volatility.
BEAMX is beaming downwards #BEAMX/USDT #Analysis
Description
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+ BEAMX has formed a well-defined rising wedge pattern, which typically indicates a bearish trend in the chart.
+ Should the price breach the support line, we anticipate a sustained decline in price.
+ I plan to initiate a short trade as soon as the price breaches the support line, while maintaining a moderate stop loss.
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VectorAlgo Trade Details
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Entry Price: 0.032179
Stop Loss: 0.03804
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Target 1: 0.03043
Target 2: 0.02921
Target 3: 0.02687
Target 4: 0.02443
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Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-20x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
BEAMXUSDT Triangle BreakoutBEAMXUSDT Technical analysis update
BEAMX price has broken through its triangle pattern on the day chart. This could indicate a potential bullish move.
Buy zone : Below $0.022
Stop loss : $0.019
Take Profit 1: $0.0245
Take Profit 2: $0.028
Take Profit 3: $0.035
Regards
Hexa
BEAM - Ride to 0,0634 Gaming Altcoin a ‘Big Bet’ Article: dailyhodl.com
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Beam Lights the Path: Get In on the Buy Action Today!"## BEAM (BEAM) - Confidential DeFi Platform
**Short Fundamentals:**
* **Privacy-focused blockchain:** Utilizes Mimblewimble and LelantusMW protocols for confidential transactions and hidden amounts.
* **Decentralized Finance (DeFi):** Supports private stablecoins, NFTs, AMMs, with plans for lending, oracles, and more.
* **Fair launch:** No premine or ICO, deflationary emission schedule with capped supply.
* **Current price:** ~$0.10 (February 12, 2024), market cap ~$15 million.
* **Ranking:** ~#821 on CoinMarketCap.
**Recent News:**
* **January 2024:** Beam Treasury Fund established for ecosystem development and marketing.
* **December 2023:** Beam integrates with decentralized exchange Synapse Protocol.
* **November 2023:** Beam releases privacy-focused NFT marketplace Beam Agora.
* **October 2023:** Beam achieves all-time high price of $0.0272.
**Disclaimer:**
* Cryptocurrency is a highly volatile and speculative market. Investing in BEAM or any other cryptocurrency involves significant risk of loss.
* This information is provided for informational purposes only and should not be considered investment advice.
* Please do your own research before making any investment decisions.
**Note:** I have not created this disclaimer, but I believe it is important to include due to the inherent risks associated with cryptocurrency investments.
BEAM SHORT NOW hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
beamx short now hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
BEAM- BullishHi,
I am extremely bullish on Beam for the long term, today is another opportunity to enter the project.
A clear pennant has formed on the daily and the gain was then provided on the breakout, a conservative play would be wait for the retest at either the support or the pennant trend line.
Holding and accumulating since 0.0075
GL all.