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Technical analysis by joaobrocatto about Symbol BEAM: Buy recommendation (9/22/2024)

https://sahmeto.com/message/2767129
joaobrocatto
joaobrocatto
Rank: 17804
1.3

Downtrend breakout at daily Chart

Buy
Price at Publish Time:
$0.016297
Buy،Technical،joaobrocatto

6-month downtrend breakout on Daily Chart Clear double top reversal pattern at 0.0113 followed by the breakout Trading near strong support level at 0.0165 that at this moment is acting like a resistence for the comeback after the breakout Last time we had a double top reversal pattern in a downtrend, we went +50% up in 5 days. Great entry point here with first target at 0.0222 (+30% gains downside of a 13% SL) T2 at 0.0294

Source Message: TradingView
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