We detected a bullish XABCD pattern. The price should go to the upper edge of the formation and then fall back to the 0.00000225 level. When it consolidates there it will reach our second target. Indicators confirms this scenario, a nice chance to conduct a profitable short term deal.
I bought in at 230 today in hopes of a quick flip. I'd consider this a bit risky since it is already high and roughly at where it reversed last time. Shooting for 1.618 level at 361 sats, but I may manually close if trade starts going south. Seems like a reasonable target to me though after finding strong support off the 50 EMA a few times. **I'm not a...
A few weeks ago I predicted with pinpoint accuracy the #Bitbean / #Beancash breakout, I was quite surprised regarding the extent of the push, didn't expect it to go as high in such short time but it made that crazy push and price have been correcting since then. Today I was looking at the chart fishing for clues and I notice a possible move were the last push was...
Update on the idea published on the 23 Jan 2018. I'm still waiting for that 1000sat range // around $0.1 I think the price it's about to breakout sooner or later. It may happen on this bullish push that has been happening in the last day (a), or it may suffer a little pullback to fib retracement levels regarding this move (b) before starting to climb again to...
bitbean is on 3rd leg up. This is the strongest wave. Good Luck, tipbox: 17BUPYGRFqknHUSKTQAmNRrDKsMyH29rvZ - BCH GTeHWtQaQAGeeEkW5gtgSPaWnMZmyQrUdR - BTG 1.40% XmXxWSgRqa4ZzzQUbWQnsAfxA1RGPScqZN - DASH 0xB62e34A9C3090Bb442a60C3f5d6Df72Db0341143 -ETH
On the 6th of January BitBean found the top at $0.042, after which it declined back to $0.0054, losing 87% to USD. At $0.0054 it found the support confirmed by 227.2% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout. The support was rejected twice while the RSI oscillator formed a bullish divergence, suggesting the...
After testing an all-time high at 250 satoshi, BitBean corrected down to 76.4% Fibonacci retracement level at 79 satoshi, although price did spiked lower while hitting 68 sathosi, but failing to close below the Fibonacci support. At this point, the upside potential is certainly there, but it has to be kept in mind that price does approach a very strong resistance...
The price is heading in the area of possible breakage. The tp3 is hard to reach and obviously to get there you have to hold it for a long time. I do not recommend buying with a large % of your capital, better to stay lower. (due to the volumes)
The history repeats. Next 7 Months we will see escape of investment from cheap coins like Bitbean resulting to up to 90% lose like it was in May December 2017
This is another coin I'm heavily interested in and got the opportunity to buy a lot of when it was still 11sats... look at the potential since. My last bit of confluence that triggered me to buy was based on similar activity (Volume spike) being showed a year prior around Jun/Jul. I'm not saying to wait till next year to buy nor not to expect another spike in...
Since November BitBean has been rising strongly and went up from $0.002 up to the $0.024 resulting in a growth of over 1150% in less than two months. At $0.024 it found the resistance confirmed by the 127.2% Fibonacci retracement level applied to the last corrective wave down. As there was a clear rejection of $0.024 it is now likely that BITB/USD will...
There is an ascending triangle formation for BitBeans, which means there could be potential breakout with high volume. Enter into trade if the price closes above the triangle. Keep tight stop loss and BTC is pretty unstable Enjoy the ride
Seems BitBean is also under trend "buying and pumping cheep coins". Be careful, Bitbean has very limited potential and have only one developer improving the code. The Deadlines in Roadmap hold very rarely if ever. Especially renaming it into CASH could result to shitstorm like it is against bitcoin cash.
Wave 5 seems to have started. We broken out of the ABCDE pattern and forming a cup and handle. Once again, a very common pattern formation in this market. What are your thoughts? Trade with care.