BEAM - A colorful chart with lines tells us: Bullish DivergenceBEAM, a Polkadot Ecosystem Coin that will be well used going forward, has hit a low for a 2nd time, and I believe will not retrace down a 3rd. If it does, we will have a lot of consolidation and a triple bottom, and we should shoot up faster.
This coin will become more popular in the coming months, as Polkadot starts to announce its Parachain Auctions, calling attention to what exactly each coin does.
Moonbeam is behind a lot of what Polkadot hopes to accomplish with its multichain features. Beam is one of those features. The popular Polkastarter was just deployed with BEAM.
Buy before this date: Q2 2021 - Launch on Polkadot MainNet
***Side note on a coin deployed to same network as BEAM*** KUSAMA is required (buy it) to be selected for Parachain Auctions. The projects must first deploy their coin to the Kusama Network to test and get the bugs out, which is a requirement from Polkadot. This Kusama will be undervalued until the public finally understands what exactly it does.***
Beam
2021 2nd look at marketcaps for Bitcoin and Altcoins12,553,081,000,000 altcoin marketcap
4,650,000,000,000 Bitcoin marketcap
If Altcoins do the same percentage gains at end of 2017 beginning of 2018 then we could see a spike in the market cap as high as $12 Trillion plus if we follow the Beam Bands of the last bull run. I know this is a little too much to expect but with all the information we have on the financial direction globally I would not put this a mere fantasy. Bitcoin reaching anything above $250k would bring its market cap to about $4.6 Trillion or so and if it is commanding a 30% control then it would make sense for Altcoins to reach this insane $12 Trillion market cap if it commands 60% of total market share. I know this is a lot to think about. Notice how we go above this Beam Band by about 322%. This happened in the last bull run where Bitcoin went outside the Beam Bands by about 322% so I am just thinking that this could happen again but of course, there is no certainty but only speculation.
BEAM Start moving after Bullish Divergence - BEAMBTC BEAMUSDTBEAM Start moving after Bullish Divergence - BEAMBTC BEAMUSDT
✳️Beam/USDT (28/10) #BEAM $BEAM #BEAMUSDTBEAM is in a very strong downtrend and is likely to drop further over the next few days.
This downtrend can be so terrible that we can hardly imagine the target towards $0.05-0.07 zone.
📈BUY- LONG Strategy
- Wait to buy at 0.05-0.07$
📉SELL-SHORT Strategy
- Sell as close to $0.25-0.27 as possible
♻️BACK-UP Plan
- If BEAM rebounds and closes a 1D candle above $0.27 and the target target is the $0.45 zone
BEAM Found a New SupportBEAMBTC is Going for a Strong Support Zone at 0.00000500 Sats
❌MOM: Bearish Momentum
❌SMA: Price Below SMA Bearish
❌ADI: -DI > +DI Bearish
✅MACD: Bullish
❌PSAR: Bearish
Support And Resistance
S: 0.00000500
S: 0.00001710
R: 0.00001890
R: 0.00001970
R: 0.00002070
R: 0.00002210
R: 0.00002310
Volatility is moderately low
⚪️RSI:No divergences
⚪️MFI:No divergence
⚪️FVE: No divergence
⚪️Volume: No Trend or volume confirms trend
Not a Financial Advice
Do you're own Research
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I think it has one more leg down. Accumulate in the demand zone.
BEAMUSDT AnalysisAs you can see, EngineeringRobo and I are bearish at the moment.
If you are currently holding BEAM at the moment, you should likely sell right away to reduce potential losses.
If you are planning to buy, look out for Engineering Robo Buy Signals, or you can also buy if candles break the bottom Bollinger Band.
No matter which level you are buying, watch EngineeringRobo signals carefully. If you're interested in using EngineeringRobo, DM me!
BEAMUSDT AnalysisAs of now, I'm bearish since there is a SELL 2 signal present.
Also, the candles are below the resistance level (0.54). So, I don't think this is a good time to buy right now.
You can buy when there's a BUY signal from EngineeringRobo or you can wait for candles to open-close above the resistance level (0.54).
After you buy, watch out for EngineeringRobo's SELL signals to sell.
BEAMBTCBinance doesn't have full chart of this coin. We analyzed the chart based on coinmarketcap. you can see the full chart and whole pattern in the bellow link :
charts.cointrader.pro
BEAMBTC - HUGE BULL FLAG!?!Hi Crypto Nerds,
Looking at Beambtc real quick. Forming a nice bull flag and probably the biggest one i have seen! Potential returns of 550+ sats (30%+)
RSI @ -90.00 oversold range which is good for entry.
All we need is a turn around with Volume and MACD, but they both sitting at the very bottom ready to go.
Quick and Easy
Stay Frosty
-Aus
#BEAM Breakout Soon We expect that the price has reached the bottom and will start a strong rise
Don't forget about risk management
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Beam After Correction, Ready To Grow!Beam (BEAMBTC) is now starting to move up after a strong correction from February's peak price.
A low was hit in May and now we have a higher low in July... The chart is starting to look good.
With a strong RSI, it is very likely to see prices grow from here on out.
Remember to do your own research and build a plan/strategy before you trade.
Namaste.
Beam: falling wedge and H&S patternsKeep an eye on this coin:
- If it climbs above the right shoulder, it will moon!
- If it falls below the neckline, the lower edge of the blue wedge could be the next stop.
- keep in mind that "falling wedge" is a bullish pattern, so the bullish scenario is more possible
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BEAM | Getting Ready for Bullish Move..!!BEAM/BTC (Update)
BEAM Price Has been Falling From Last 10 Months & Now It Looks like Bottomed out & Almost Ready for Bullish Move.
Volume has been Increasing from last few Days (Bullish Sign)
At the moment, Facing Major Downtrend Resistance & I'm Sure this Time Bulls Cleared it & Expecting Strong Bullish Move.
Major Resistance Area : 580-590 sats
If Bulls Cleared the Trendline Resistance, Next Stop Would be Around 580-590 Sats. (Major Resistance Area)
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BEAMUSDT AnalysisI am positive about BEAM. The candle has opened and closed above the uptrend line and is continuing up. In addition, there is a moon signal and Engineering Robo 2 is giving a Buy 2 signal. As long as the candle keeps continuing to go up and it is above the support line, it is a good buy level (while the positive buy signals continue).
BEAMUSDT ANALYSISIf you wanna buy it, you should buy it now. After buying you would have 3 different stop points about
1) $0.5895 (profit = 33%)
2) $0.9680 (profit = 119%)
3) $1.4062 (profit = 217%)
I bought, so GOOD LUCK:)
BEAMUSDT ANALYSİSI have 4 positive signals one of them support and resistance the others EngineeringRobo ' signals it is time to buy this coin now. If you don't want to get risky position you can sell it $0.57 (resistance) level.
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