TTM squeeze signaling beam is likely getting ready for second leg up to continue trend up.
Beam has now one month long consolidation in this current price range, after the previous squeeze & expansion, which made beam reach $1 billion market cap
Price targets from trend-based fibonacci extension for now, but I am expecting beam eventually to go near $10 billion market cap during this bull run. Previous price levels for resistances can be seen in merit circle
MC chart.
BEAM aka $BEAMX (binance) aka MC (merit circle, old ticker)
Beam has now one month long consolidation in this current price range, after the previous squeeze & expansion, which made beam reach $1 billion market cap
Price targets from trend-based fibonacci extension for now, but I am expecting beam eventually to go near $10 billion market cap during this bull run. Previous price levels for resistances can be seen in merit circle
MC chart.BEAM aka $BEAMX (binance) aka MC (merit circle, old ticker)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.