بيع
BEAM in a downward trendchannel
Hello traders,
Here is a chart of BEAM-USDT on the 4 hour chart
We see a huge move from 40% in BEAM. But we can clearly see that we have are a downward trend channel. A breakout above 1.4 USD with a lot of volume could push the price to the top of the downward trend channel.
For a further healthy rise we need an RSI above 60 and good volume otherwise gravity will do its work.
Currently there is resistance through the trend line at 1.4 USD and the moving averages as well at a higher level the top of the downward trendchannel.
Everything will also depend of how Bitcoin develops because this is the leader of the Crypto currencies.
Take care and If you short then clearly place a stop above the trendline. Targets are then the lower trend line at 1 USD.
Here is a chart of BEAM-USDT on the 4 hour chart
We see a huge move from 40% in BEAM. But we can clearly see that we have are a downward trend channel. A breakout above 1.4 USD with a lot of volume could push the price to the top of the downward trend channel.
For a further healthy rise we need an RSI above 60 and good volume otherwise gravity will do its work.
Currently there is resistance through the trend line at 1.4 USD and the moving averages as well at a higher level the top of the downward trendchannel.
Everything will also depend of how Bitcoin develops because this is the leader of the Crypto currencies.
Take care and If you short then clearly place a stop above the trendline. Targets are then the lower trend line at 1 USD.
ملاحظة
If the horizontal line breaks position is closed. But to go long we need to see a break of the downward trendchannelأغلقت الصفقة: تم الوصول لوقف الخسارة
Beam broke out of the downward trendchannel. Good chance it will now test the old ATH
ملاحظة
Hello traders,Beam has broken above the resistance of 1.40 and are now in a sideways move to 1.67 for now. Only above that will we test the old ATH
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لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.