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BEAMX: A New Star Emerges, Aiming for New Highs! 🚀💫Today, let's shine a spotlight on BEAMX, an emerging star in the crypto galaxy. Despite being a newcomer, it's showcasing unmistakable bullish vibes, setting its sights on the $0.5 milestone. Join me as we explore the promising trajectory of this budding coin! 🌌📈 BEAMX's Stellar Prelude: Genesis of Optimism: Fresh Arrival: BEAMX has recently entered the crypto scene, but its early performance is signaling a promising journey. Bullish Aspirations: With an ambitious aim, BEAMX is eyeing the $0.5 level, showcasing a bullish inclination from the outset. Breaking Free from the Triangle: Chart Dynamics: BEAMX has gracefully broken free from an ascending triangle, symbolizing a powerful bullish breakout. Imbalance Residue: Leaving a notable imbalance on the 4H timeframe, the stage is set for a potential retest and continuation of the upward momentum. Navigating BEAMX's Cosmic Trajectory: Retest Expectation: Anticipated Move: A retest of the breakout level is on the horizon, presenting an entry opportunity for traders. Strategic Outlook: A successful retest may pave the way for a confident push towards the $0.5 target. BEAMX's Advantage: Early Indicators of Strength: Despite its infancy, BEAMX's bullish demeanor signals early strength, attracting attention from traders seeking new opportunities. Strategic Entry Points: Traders can capitalize on the imminent retest, strategically positioning themselves for potential gains as BEAMX embarks on its upward journey. Conclusion: BEAMX, the rising star in the crypto constellation, is proving that a bold entrance can command attention. Keep a watchful eye on the anticipated retest, as it may unlock a pathway for traders to ride the bullish wave towards the coveted $0.5 milestone. May your trades be as stellar as BEAMX's ascent in the crypto cosmos! ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
XCH can go down againThe downtrend is still intact even after the +100% from ATL to it's last high (+65% to current price tag). I am not very optimistic that it will keep staying above the daily MA50. If it stays above the next challange will be to get above the weekly MA20. * It is possible that the price will rise over the resistance, that could also bring the trend above the weekly MA20 * Price can stay between ~ 35 and ~ 45 USD for a while in a sideway trend * It is likely, especially if BTC and ETH dump again, that the bottom will be retested * It is possible that the "maybe bottom" is not the bottom. Next bottom target would be ~ 15 to 20 USD in that case As always, no financial advice, just my 5 cent.
by Just4FunTrader
6
New Pundi X The Birth Of A New Asset?This chart aims to document the price action of the newly swapped PUNDI X tokens. This expirienced an overnight supply reduction by the factor of 1000 Before the swap 1000 nxps was worth: $7.68 After the swap 1 Pundi is worth: $4.29 The price is currently at a discount do to market sentiment. When china hands out all that free crypto at the Olympics, the cash registers will likely need a way to accept it ;) Buy the hate and sell the love. Oppourtunity Abounds. Not Financial Advice.
by MitchMilli
Kava, will be the talk of the month. 13,000,000 out there onlyBefore you go on reading, This is not financial advice. You take care of your money. Kava has what is called a small circulating supply of a mere 13.000.000 Tokens, out of a 100.000.000 total emission. In the crypto world this is insanely low. Just have a look at those coins with a market cap of 10.000.000.000 TEN BILLION Tokens. Grab a calculator and work out how much this coin will be worth when they reach their first $ 30.000.000 Well I am thinking here about Matic which in a few months has a $ 30.000.000 Market cap, or Zilliqa with $ 45.000.000.00. Well easy, take it easy. Those numbers are the kind of Dollar accumulation for this new GOOD coins, and here is where the tricky thing comes into play. How good is Kava? Let's find out. Thank you for reading. And above all, trade carefully.
Long
by Claudio18
3
New Coin! BinanceShort write up but you have seen me post these same set ups before, we buy the first candle to close outside the channel (green solid line) Stop loss is set just below this green solid line. Targets are green dotted lines, these new coins attract attention when they break and are fast movers. You have seen this with a number of new coins we have now traded together. Coin is currently building up nice momentum this tells us we will break high BUT we don't buy until its confirmed. With BTC moving around we need to buy confirmations more then speculations. Cash Is King!
Long
by Cash-is-King
4
This will Work For YouA new coin is dropped into the market what to do? how to trade? This is a strategy that I use and it works exceptionally well, new coins are a risk in the market as you can't look at history to perform a thorough technical analysis . To trade you need to find the support and resistance level of your coin first; this is found off the first daily candle to close generally but in this example we have used the first 4H candle. Your resistance is at the top of the body of the first candle and your support is at the bottom. If the next candle closes over your resistance (green line) its a buy or hold if you already owned it and your stop loss then becomes just below this green line as you don't want to take any risks keep it tight being a new chart. Once you close over the green line your green line is your first support. If your holding this coin and the second candle of chart breaks your support (red line) then its a sell. If you break low you then will be looking when to enter the trade.... we enter when the first candle closes back over the red line on the way back up as the red line has then become your resistance and when a candle closes over it this will be your support. We have seen my trades on Storm, Ncash and ONT 0.00% we have all made a fortune on these but we entered at the right time and that was using this exact method. So for future rather then say when should I buy this new coin is it going to the moon, draw this on your screen and work from it and you will succeed. For better results use the first Daily candle to close as your support and resistance rather then the 4H. The reason I have split this chart is you can also see for aggressive investors they can watch the 30 minute time frames and get a gauge of not only the price movements they can see the accumulation indicator to see if this is trending up or down to let them know if its a buy or sell. This is only an indicator though and you still wouldn't enter until we have seen a close below or above your support. You don't trade based on any timeframe shorter then 4H closing over the resistance or below the support in my opinion. BTC -4.47% is moving down, I had spare time and I know loads of people love new coins so I hope this helps you all :) Cash Is King!
QEducation
by Cash-is-King
22
Lets Hope The Sun Shines!Here we have a new coin new chart new opportunity. Storm is the coin, charts looks good and slowly developing into what we want to see to make us some cash! We have a bullish divergence but we are not ready to enter this coin yes due to the below, but we will prepare ourselves now..... Ok so the chart tells us that we look to break high but we face resistance and it may be a day or 2 until we see the move. When we cross the 50EMA we will have aggressive traders buying even based off the 1H chart, but we will be conservative. We need the volume MA to come down a little lower and have volume return into this coin before we even think about breaking. We do not buy or enter this trade until we see a candle close over the blue line at this point we can enter. This is a trade we need to monitor before we can place a stop loss as the stop loss will be 1% below the blue line but we can't set this until the first 4H candle closes over the blue line. So you monitor this trade on the 4H charts after entering. We expect a good day or 2 before we see an entry but its best I post this now so you can watch this trade develop. Being a new coin we are always caution on entry and please be patient. Cash Is King! We Love it, we need it so come join us and earn it!
S
by Cash-is-King
8
Cash Is King! New Coin! New Opportunity!ONT we don't have much history on this coin so there is only 1 real way I find to trade new charts and I will show you below. We are currently looking bullish from the indicators we can use, obviously lacking history we can't be certain but from what can be seen on the 4H and the 1H we are building up. Now you will see the top and the bottom of the channel this will be the only way to distinguish the break as indicators on such short timeframes aren't as reliable. You will see on the 4H and the 1H charts we have a very bullish divergence and we expect this will lead to us breaking high of the channel. The 20 and the 50EMA have just crossed but once again this is an hourly chart. To trade this we don't enter until we break the top of the channel, the chart tells us we will take the top but there is a risk things could change as we can't get a clear line of site from a 6 day chart. This is a coin that could have big potential and could be something similar to what we have seen in NCash with potential 100% profits in a very short timeframe. If this coin breaks the high of the channel buy the first 4H candle to close over the green line. Aggressive traders can buy the first hourly candle to close over but I will stick to the 4H. Stop loss will then go 1-2% below the green top of channel. I have set an alarm on this chart to alert me when or if we cross the top or bottom. I will then place targets for you. Cash Is King! Also would like to thank the member for bringing this coin to my attention.
by Cash-is-King
18