BETA/USDT: Descending Channel Setup | 575% Potential Return
BINANCE:BETA/USDT - 1W TIMEFRAME🎯
TRADE SETUP:
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✦ CURRENT PRICE: $0.04446 (-2.92%)
✦ TARGET: $0.19071 (+575.85%)
✦ STOP LOSS: -10% (Marked in red)
✦ RISK:REWARD: 57:1
✦ VOLUME: 11.82M
TECHNICAL ANALYSIS:
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1. PATTERN STRUCTURE:
• Trading within descending channel
• Double trend line resistance (black & blue)
• Clear support zone at channel bottom
• Potential reversal zone approaching
2. MARKET CONTEXT:
• Price near historical support
• Volume stabilizing at lows
• Channel compression point ahead
• Strong overhead resistance levels
3. PROJECTED MOVEMENT (White Line):
• Initial consolidation period
• Break above both trend lines
• Accelerated move to target zone
• Multiple retests expected
STRATEGY EXECUTION:
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ENTRY PLAN:
• Base entry near current levels
• Add on trend line breaks
• Final position on volume confirmation
RISK MANAGEMENT:
• Clear -10% stop loss defined
• Cut losses if channel support breaks
• Scale out at resistance levels
IMPORTANT DATES:
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• Pattern completion: Early 2025
• Target timeframe: Late 2025 - Early 2026
• Critical support test: Q1 2025
RISK DISCLOSURE:
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Trading involves substantial risk. This analysis is for educational purposes only. Always conduct your own research and use proper risk management.
#BETA #TechnicalAnalysis #Crypto #TradingView #CryptoTrading
Tags: @TradingView
Note: The stop loss level is clearly defined at -10%, providing a precise risk management point for this high-reward setup.
BETAUSDT trade ideas
Good profit is coming!!!Hello friends
This coin has been in a large trading range for a long time.
Now that it is almost the floor of the trading range and the upward movement can be started, you can buy up to the goals we specified for you.
Note that this coin has been suffering for a long time and has not grown much even in the rise of the crypto market, and this can be a positive point...
We will be happy if you give us energy with likes and comments.
BETA USDTBeta can be fly from here and running to 400%
please make sure your risk is at your control :)
tnx
BETAUSDTWe can attempt to buy BETAUSDT from specified level if it break LH , also bullish divergence occur indicate that it moves upward.
SL , TP mention in chart
BETAUSDT (BetaFinance) Updated till 23-09-24BETAUSDT (BetaFinance) Daily timeframe range. PA is in trouble zone, breaking below 0.04141 clean may lead it to price discovery. devs are doing not that good job here. but if PA can hold 0.04141 it can in turn give some good trading setups here.
BETA Coin Set for 33% Surge: Here’s WhyI'm bullish on BETA and expect a 33% price increase in the coming days. Here’s why:
Support and Trendlines:
The coin is consistently trading above the 50-day moving average, and the RSI is showing a strong uptrend without being overbought. This suggests that there is still room for growth before we hit any major resistance levels.
Market Sentiment:
Positive sentiment is building around BETA due to recent developments and partnerships. The overall crypto market also seems to be in a recovery phase, which could provide additional upward momentum for BETA.
Volume and Momentum:
There’s a clear increase in trading volume, indicating strong momentum. As the volume picks up, the price is likely to follow suit, pushing us toward the 33% target.
Fundamentals:
BETA’s project fundamentals remain solid, with continued development and community support. This is likely to attract more investors, pushing the price higher.
Conclusion:
With these factors in play, I expect BETA to rally by 33% in the near term. I’ll be watching the 0.044 as a key support level and 0.06 as the profit target.
BETAUSDT(Beta Finance) Updated till 10-08-24BETAUSDT(Beta Finance) Daily timeframe range. if we look at past PA, we can get a idea its a high risk and reward alt. so careful on that. now it retraced from its new low 0.03869. tried to break 0.05366. breaking below 0.03869 is back to price discovery.
#BETA/USDT#BETA
The price is moving within a descending channel pattern on a 1-day frame and is expected to reach the upper limit of the channel, which is a resistance level
We have a downtrend on the RSI indicator that has been broken upwards and we have a tendency to stabilize above it
We have a major support level in green at a price of 0.03800
We have a tendency to stabilize above the moving average 100, which supports the rise
Entry price 0.03984
First target 0.04115
Second target 0.04277
Third target 0.04475
#BETA/USDT#BETA
The price is moving within a descending channel pattern on the 4-hour frame and is expected to rise after it has been largely committed to it
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 0.04880
We have a trend to stabilize above the moving average 100
Entry price 0.04950
First target 0.05230
Second target 0.05490
Third target 0.05784
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🌴
BETAUSDT CRYPTOIt seems like you're describing a bullish scenario where a falling wedge pattern is forming, indicating a potential recovery. A successful breakout from this pattern could lead to a massive bullish wave, which is exciting!
FALLING WEDGE #BETA $BETA WITH GOOD RRI don't think anyone realizes this. In particular, we can see that many coins in the monitoring tag experienced significant increases. BETA will make another move!
BETA Prints Another Bearish Signal On The Daily Chart
After its massive pump and many bullish continuation signs, BETA hasn't met expectations.
Conversely, the price has fallen 50% since its top two weeks ago.
At the same time, the amount of bearish trade signals has increased constantly. Initially, on a lower timeframe, the bearish momentum swept over to the daily chart.
Today, BETA flashed a bearish EMA crossover. This signal indicates that the short-term trend has turned bearish and fallen below a longer-term trend. It usually indicates further downward potential.
Backtests show that the price dipped 5% or more in 90% of the cases after the signal flashed (based on 11 signals on the daily chart).
From a chart perspective, the next support sits at 0.052, which also aligns with backtest data.
BETA: Downtrend Continues — Bearish Trade Signal On The 4H ChartBETA finds itself in a considerable downtrend. Lately, the token crashed through the support at 0.065. This level has served as support since the end of June.
In addition, BETA flashed a bearish trade signal called "Parabolic Trader." This trading strategy combines the MACD, EMA, PSAR, and ADX to provide accurate entries.
Based on backtests, the signal shows very high reliability in reaching profit targets of 5% and more.
The signal forecast a profit target of 8%. As a result, BETA would reach the next support level at ~0.53.
BETAUSDTWe can attempt to short BETAUSDT from specified levels as it break HL , also bearish divergence occur indicate that it moves downward.
SL , TP mention in chart.
Long BETAUSDTBETAUST breakout their las Lh and print new HH, if we put instant order at their point we can make good profit.
Beta Finance — Waiting for selling pressure to exhaustWait until RSI touches the support line and the selling force is below the threshold. Then you should buy. I have prepared the T.P as above. Good luck
BETA — Buy Signal on the Weekly Chart — 80% Potential I posted a buy signal about BETA that flashed on the daily chart just yesterday. After yesterday's weekly candle close, things look even more promising.
Here are the details 👇
BETA printed a bullish MACD crossover on the weekly chart. Signals on the weekly chart are highly reliable regarding long-term trends. This means the signal's potential might not play immediately, but it is highly likely to realize its potential during the next few weeks.
Backtest Details 🧐
As usual, the number of signals considered in the backtests on the weekly chart is limited. However, so far, every time BETA flashed a bullish MACD crossover on the daily chart, the price rose by more than 10% thereafter.
What about the chart 📊
BETA had a huge pump of more than 100%, which catapulted the token back to its resistance at 0.09. Once this resistance breaks, the token can quickly rally towards 0.12.
Potential & Approach 💰
The signal is calculated with an 80% profit potential (~0.16). Therefore, a reasonable approach is to set a first take-profit target at the 0.12 resistance and the second at 0.16.
BETANo more trades before break and retest, decision will be done after coming out from this triangle
Beta Finance — Aiming For $0.16 — Massive Buy Signal BETA is up more than 100% since the beginning of the week. Therefore, I wouldn't consider a long trade following the rule, "Don't chase green candles!"
However, violating the rule might be a good idea in this case.
Here's why 👇
BETA printed a so-called Power Scalper signal on the daily chart. The strategy is a rather complex approach that uses some lesser-known indicators (SSL, TDFI) and the RSI uncommonly, specifically tailored to realizing gains after a pump.
Signal Details 🧐
The signal flashed on the daily chart and had extraordinary backtest results. Based on 22 historical signals, BETA gained over 10% after signals flashed in 86% of their occurrence.
Other Technical Indicators 💹
All trend indicators (short, medium, and long term) show a bullish trend! Momentum indicators provide a mixed picture, which is logical after a 100% pump. As a result, the RSI, for example, is overbought. Additionally, the ADX shows a super strong trend and should help realize the signal gains.
What about the chart 📊
Currently, BETA trades at $0.095. The next resistance is ~0.12. This level can serve as a first take-profit target. The next resistance is $0.15-0.16, which correlates with this signal's profit target of 73%.
my views for the betaThis is already too overbought, maybe we will see a hard retracement to the 0.05-0.07 area. good luck friend