$BEAMX is up +26% and everyone's piling in late. I'm looking the other way đ
A 36% surge in 3 days put it up 26% on the day, so I took a closer look at the structure.
Look at what happened around 0.004073: BEAMX got through by just 7.2%, tagged 0.004366 and fell back. Everyone who bought that breakout is sitting on a loss now.
Next stop for me is 0.003754. Nobody's touched it since the $BEAMX pullback (37% of the leg), so it's the obvious magnet. A move above 0.004366 proves me wrong.
đ My BEAMX trade: short from 0.004243, stop at 0.004488, target 0.003754 (+11.5%, 1:2)
đ 24h Vol: $31.3M | 24h Chg: +26.4% | Funding: +0.0050%
Top or just a pause? What do you think? đ
Follow for daily chart breakdowns đ
My opinion only. Not financial advice, do your own research.
#BEAMX #Crypto #Trading
A 36% surge in 3 days put it up 26% on the day, so I took a closer look at the structure.
Look at what happened around 0.004073: BEAMX got through by just 7.2%, tagged 0.004366 and fell back. Everyone who bought that breakout is sitting on a loss now.
Next stop for me is 0.003754. Nobody's touched it since the $BEAMX pullback (37% of the leg), so it's the obvious magnet. A move above 0.004366 proves me wrong.
đ My BEAMX trade: short from 0.004243, stop at 0.004488, target 0.003754 (+11.5%, 1:2)
đ 24h Vol: $31.3M | 24h Chg: +26.4% | Funding: +0.0050%
Top or just a pause? What do you think? đ
Follow for daily chart breakdowns đ
My opinion only. Not financial advice, do your own research.
#BEAMX #Crypto #Trading
