Crypto Contest March 28: Beam

in #fbcrypto2 months ago

Beam (Binance: BEAMXUSDT) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com(log scale))

Elliott Wave Analysis

In Elliott Wave terms, BEAMX began a red wave one advance on January 23. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 10 and the red wave two (blue sub-waves a-b-c) correction ended on March 19. If this wave count is correct, BEAMX should be heading next towards the March 10 peak in the red wave three.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

The BEAM token serves as the native crypto asset for the Beam network, a gaming network empowered by the Merit Circle DAO. Upside-Down Data gave his price targets one week ago.

(Sources: https://meritcircle.io/)

How Will Beam Trade?

Beam (Binance: BEAMXUSDT) daily chart by Tradingview.

(Chart courtesy of Tradingview.com(log scale))

Prizes

I will be giving upvotes to the correct answers (posts only).

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below

BEAMX will takeout the March 10 peak

BEAMX will drop below the January 23 low

BEAMX will stay in a trading range between the January 23 low and the March 10 peak until May 3

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BEAMX will takeout the March 10 peak

BEAMX will stay in a trading range between the January 23 low and the March 10 peak until May 3

BEAMX will drop below the January 23 low

BEAMX will stay in a trading range between the January 23 low and the March 10 peak until May 3

BEAMX will drop below the January 23 low

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BEAMX will takeout the March 10 peak

BEAMX will takeout the March 10 peak

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BEAMX will takeout the March 10 peak

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