BEAMX looks bullish (12H)It appears to be forming a triangle, with wave E of this triangle not yet complete.
If it reaches the green zone, we will look for buy/long positions.
The targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BEAMXBTC
#BEAMX/USDT#BEAMX
The price is moving in a descending channel on the 4-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at the price of 1730
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.01795
First target 0.02015
Second target 0.02176
Third target 0.02375
BEAM is showing potentialNASDAQ:BEAM is showing strong potential.
After a period of downtrend, it has now entered a phase of sideways price action, which is likely to form a base at this level.
I have already bought in, and I believe NASDAQ:BEAM could be a game-changing coin for the gaming narrative!
BEAMX buy/long setupAfter the heavy drop, it has now broken the trigger line and created a bullish iCH.
There is a support area close below the price, on which we will look for buy/long positions if the price reaches this range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will cause analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
BEAMXUSDT Triangle BreakoutBEAMXUSDT Technical analysis update
BEAMX price has broken through its triangle pattern on the day chart. This could indicate a potential bullish move.
Buy zone : Below $0.022
Stop loss : $0.019
Take Profit 1: $0.0245
Take Profit 2: $0.028
Take Profit 3: $0.035
Regards
Hexa
BEAMX ANALYSIS (4H)On the chart, from where we entered "START", we seem to see a correction.
This correction seems to be a diametric.
There was a suitable place for the termination of the F wave on the chart, which we marked with red color.
If the price reaches this range, you can enter a sell/short position.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BEAMX LOOKS BULLISHBEEMX has an ascending structure.
If it reaches the green range, we will enter the buy/long position The targets are marked on the picture.
Pay attention, we are only looking for buy/long positions on the green range and we will not enter positions in higher areas
Closing 1 daily candle below the green range will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You