Beam Found Its Bottom | Starts To Grow! (How To Trade)Beam (BEAMBTC) hit a new low just yesterday and is now having a strong bounce... Looking at it closely, this can turn into more and additional growth can happen.
I've marked multiple resistance levels based on Fibonacci proportions on the chart.
I think it will move up and then start to retrace only to continue growing after this retrace. This can all develop in several weeks (2-3).
I am seeing at least 20%+ growth and even more depending on how the chart and markets develop.
Each day the charts are changing and we have certain rules setup based on experience for when to switch from bearish to bullish and vice-versa.
So you can see an analysis I post with a bullish chart and then it crashes and it goes contrary to the chart... This isn't good or bad, right or wrong, simply we adapt to whatever is going on.
So if BEAMBTC moves below EMA10, we are no longer bullish, instead, we switch to bear mode.
If the last low is broken, 0.0000634, then the chances of prices going much lower increases... So if we are trading this is where we put our stop-loss.
This is Alan Masters...
Thanks a lot for your support.
Namaste.
Beam
Bullish HammerA bullish hammer after an aggressive sell of on high volume. it is possible to see a reversal.
BEAMBTC 30% PROFITIts very low again its the best time to buy now.
Last time i called it i was right lets hope its right again.
BEAMBTC forming a bullish Butterfly | Upto 12% expectedPriceline of Beam / Bitcoin cryptocurrency is forming a bullish butterfly and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0001192 to 0.0001151
Sell between: 0.0001223 to 0.0001299
Regards,
Atif Akbar (moon333)
Grin Short term shortBuyers continue to dry up in the Poloniex orderbook. From 22.x total BTC down to 17.x total BTC, while total sellers remain more constant.
When longs get aggressive(cross the spread) and buy up the offer there is no real follow through which results in the wicky looking candle sticks marked by arrows.
I'm still very much bullish long term but objectively hold some bearish short term sentiment. I hope to be proven wrong.
Litecoin (LTC) Rallies 30% After Announcing Beam CollaborationThe price of Litecoin (LTC) is up around 30% today to $42.56 after the project announced it was working with Beam (BEAM) to implement Mimblewimble.
