Beam Hits New High, Challenges MA200 (Next target mapped)

14 mar 2021

BEAMBTC hit a new high today compared to 13-Feb.

Earlier we looked at the MA200 signal, which is a very simple and easy to spot signal, see it here:

BEAM Looking To Move Higher (MA200 Original Signal)

BEAMBTC Chart Signal

• We have good volume, increasing.
  
• We have a strong RSI and bullish MACD.
  
• The TD Sequential is bullish.
  
• The candles are also bullish with prices trading above EMA50 and EMA100.
  

There is plenty of room available for additional growth mid and long-term.

The short-term can always produce some consolidation, retraces, and correction but the bullish bias is present there as well.

Namaste.