BETA/USDTNot a financial advice
RSI is approaching an oversolf zone, I would also advise to await for some confirmation but decided to DCA here
I am buying a huge bag of BETA here for a long term holding
Today Fear and Greed index is 10! Buy when everyone is fearful and sell when everyone is greedy
Possible scenario, BETA price might plummet lower, in case if BTC breaks down our 40k support zone
BETAUSDT trade ideas
BETA, pay attention to this trend line!A global trend line has formed on the BETA chart. The price has already tested it several times as resistance. But it is worth pointing out that with each test, the resistance is weakening and could break soon. In the event of a breakdown, there could be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
BETA/USDTNot a financial advice
I have re-bought BETA at 0,632$ zone. We have some BULLISH divergences on RSI, expecting price to get restored after the recent immense token unlock
Most probably we will have some positive scenario within this weekend time and after we will go back in price a bit, hence keep a stop loss and let's await our Monday time
BETA Looks bullishLook at the structure, down moves getting weaker! Also we got bullish divergence.
Beta is launched on Binance. So i dont think it will drop this long :)
Manage ur risk. Goodluck!
BETA/USDTBuying some BETA here near the support zone
BETA has not been pumped yet despite all ALTS
It is also extremely oversold on RSI on a 3D timeframe
Also put a tight stop loss if it loses its support
BETA / USDTPOSITIVE POINT : GOOD PROJECT
CMP = 1.13
SL = 1
TP1 = 2
TP2 = 4.7
What Is Beta Finance (BETA)? Beta Finance is a permissionless money market on Ethereum for borrowing, lending and shorting crypto assets. It allows users to access a scalable and accessible money market where tokens can be listed permissionlessly and automatically and where users can short these tokens. Beta Finance plans to launch on additional layer one and layer two solutions after its Ethereum Mainnet launch. Users have three options: lending, borrowing and shorting. Lenders will be able to lend crypto assets for any market that exists on Beta Finance and earn interest on it. Borrowers can take the contrary position, while short-sellers are able to use collateral to initiate short positions. Unlike centralized exchanges, Beta Finance does not use an order book to execute shorts but routes the trade through decentralized exchanges that use automated market makers. As part of its Phase 2 launch, the platform plans to release permissionless money market creation.
coinmarketcap.com
Binance: Beta Buy / Long H4Binance: Beta Buy / Long H4
Entry: 1,3 - 1.4
SL: H4 close below 1.1
TP1: 1.7
TP2: 2.5
Beta Finance’s mission is to offset volatility and facilitate healthy, mainstream adoption of DeFi by individuals and institutions. The protocol has built an integrated 1-Click Short Tool that allows DeFi users to initiate, manage, and close short positions with accessibility to all tokens. The protocol enables anyone to create a money market for any token automatically and permissionlessly.
BETA is Beta Finance’s native utility token and has the following current and planned functions:
Staking incentives: BETA token holders will be able to stake their tokens on the protocol and act as a backstop for covering shortfall events. BETA holders who stake their tokens will receive a portion of the revenue generated by the protocol.
Liquidity mining: Liquidity providers can stake their assets into the lending pools to enable borrowing and short selling. To incentivize these providers given opportunity costs, liquidity providers will be eligible to receive BETA tokens through a liquidity mining program, adjusted based on a user’s relative contribution and additional parameters.
Governance: BETA token holders will be able to participate and vote in the governance process of the platform. Through governance, users can influence and modify product features and key parameters of Beta Finance. This will enable BETA token holders to influence the direction of the protocol's development.
BETAUSDT 8hI'll buy BETA here and will buy more in case of dip. Overall I think it's bullish and we need volume. My targets are $1.85 and $2.40
Beta Finance (ERNUSDT) Building A Stronger Future For DeFiBeta Finance is the first permissionless money market protocol for lending, borrowing, and shorting any crypto asset. (Rank #323)
🌐 www.app.betafinance.org
▫️ Very Low Market Cap: $220 million
▫️ Fully Diluted MC: $1.38 billion
▫️ Max/Total Supply: 1 billion #ERN
▫️ Circulating Supply: 16%
▫️ 24-Volume: $93 million
▫️ ATH on 23/11/2021: $1.03
▫️ Capital Portfolio: #DeFiance #Multicoin #ParaFi
Long-Term Investment up to 500%!
BETAUSDT looking good to pop up from...BETAUSDT trade has two entry points. You can enter when down trend channel breaks or trade is under 23% fib level. In both situation trade will be up after completion of accumulation period.
BETA broke out wedge#BETAUSDT
$BETA broke out from wedge pattern.
we have to wait till the pullback finish then price will head up toward resistances, the target of wedge is around $3 .
🔥BETA exit from the wedge#BETA/USD
🔥BETA exit from the wedge
Double bottom, wedge exit. I do not recommend, but you can try)
BETA/USDT Potential Trap to Area Defensivepoint of point
1. see area defense blue 1.3 - 1.28
2. first target 1.7 so, if a not b the scenario if candle no reaction we can see bottom "W" back to point 1
3. second target 2.2
4. the best bought area on 1.05 - 1.07
goodbest, profit for you & risk too
BETA FINANCE BULL RUNits my analisys for BETA FINANCE , i think this is a good time to watch the show
its good for BETA FINANCE
🔥BETA long setup#BETA/USD
🔥BETA long setup
Break of the counter-trend, possible correction for retest, further growth may be up to 0.618
BETAUSDT is interesting now?In TF4 hour looks huge bullish divergence in RSI and STO indicated ready to run at resistance. May be, it could reach its ATH and make the new one!
It has the potential to grow seems to be completing the cup pattern, Prices of 1.65 and 1.55 can be a good place to buy
