Beta Finance High Volume Confirms Bullish Breakout 135% Potent.

13 בפבר׳ 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.