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Beta Finance High Volume Confirms Bullish Breakout 135% Potent.
Beta Finance High Volume Confirms Bullish Breakout 135% Potent.
By AlanSantana
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Feb 13, 2022
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Feb 13, 2022
Let us look at Beta Finance vs Bitcoin (BETABTC) together as some reversal/bullish signals are starting to develop.
First, notice the light blue space on the chart...
This is our support zone.
Once BETABTC reached this support zone in mid-January, prices jumped and challenged EMA50 as resistance, a complete rejection followed.
Next, late January our support zone was tested again and after a brief break below it, 11-12 Feb., we see prices moving back up.
We have high volume, a bullish RSI and the MACD shows plenty of room available for growth.
We are aiming high next.
135% potential profits on the next jump.
The blue rectangle should work as support/stop-loss in the case prices drop.
This is not financial advice.
Thanks a lot for the support.
Namaste.
altcoins
beta
BETABTC
betafinance
Beyond Technical Analysis
Bitcoin (Cryptocurrency)
BTC
crypto
Cryptocurrency
Technical Indicators
Trend Analysis
AlanSantana
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