BEAM - BEAM/USDT
BEAM - BEAM/USDT
- USDT (-)
- Real time data - CoinMarketCap
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Change: -
Volume: -
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Type: Cryptocurrencies
Ticker: BEAMUSDT
ISIN:

BEAM - BEAM/USDT - Daily - Technical analysis published on 12/05/2019 (GMT)

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  • 12/05/2019 - 16:32
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  • Timeframe : Daily
  • - Analysis generated on 12/05/2019 - 16:32
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 0.592067 USDT
My targets
0.372833 USDT (-28.37%)
0.194667 USDT (-62.60%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BEAM - BEAM/USDT as long as the price remains well below 0.592067 USDT. The sellers” bearish objective is set at 0.372833 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.194667 USDT. In case of crossing, the next objective would be the support located at 0 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.5

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The BEAM - BEAM/USDT price is 0.520500 USDT. On the day, this instrument gained +3.27% with the lowest point at 0.502400 USDT and the highest point at 0.535100 USDT. The deviation from the price is +3.60% for the low point and -2.73% for the high point.

0.502400
0.535100
0.520500

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-30-15015306 months1 month5 daysToday
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of BEAM - BEAM/USDT in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.520289 0.520500 0.920000 1.505500 2.364000
Change (%) -0.04% - +76.75% +189.24% +354.18%
Change -0.000211 - +0.399500 +0.985000 +1.843500
Level Minor - Minor Major Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.4237000.4528000.4784000.5075000.5331000.5622000.587800
Camarilla0.4889580.4939720.4989860.5040000.5090140.5140280.519043
Woodie0.4219500.4519250.4766500.5066250.5313500.5613250.586050
Fibonacci0.4528000.4736950.4866050.5075000.5283950.5413050.562200


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2395670.3267330.4388670.5260330.6381670.7253330.837467
Camarilla0.4961930.5144620.5327310.5510000.5692690.5875380.605808
Woodie0.2520500.3329750.4513500.5322750.6506500.7315750.849950
Fibonacci0.3267330.4028660.4499010.5260330.6021660.6492010.725333


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0245670.1946670.3728330.5920670.7702330.9894671.167633
Camarilla0.4417150.4781430.5145720.5510000.5874280.6238570.660285
Woodie-0.0451000.1844000.3523000.5818000.7497000.9792001.147100
Fibonacci0.1946670.3464740.4402600.5920670.7438740.8376600.989467

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Created with Raphaël 2.3.0Buy7
Moving averages
Created with Raphaël 2.3.0Sell26

RSI (14): 42.92
MACD (12,26,9): -0.0373
Directional Movement: -9.497328
AROON (14): 35.714285
DEMA (21): 0.503206
Parabolic SAR (0,02-0,02-0,2): 0.453672
Elder Ray (13): -0.015744
Super Trend (3,10): 0.679202
Zig ZAG (10): 0.517700
VORTEX (21): 0.8255
Stochastique (14,3,5): 49.95
TEMA (21): 0.501200
Williams %R (14): -47.11
Chande Momentum Oscillator (20): 0.013200
Repulse (5,40,3): -1.8217
ROCnROLL: 2
TRIX (15,9): -0.8880
Courbe Coppock: 20.10
MA7: 0.530557
MA20: 0.551400
MA50: 0.599194
MA100: 0.828626
MAexp7: 0.521503
MAexp20: 0.553362
MAexp50: 0.637971
MAexp100: 0.760822
Price / MA7: -1.90%
Price / MA20: -5.60%
Price / MA50: -13.13%
Price / MA100: -37.19%
Price / MAexp7: -0.19%
Price / MAexp20: -5.94%
Price / MAexp50: -18.41%
Price / MAexp100: -31.59%

This member declared not having a position on this financial instrument or a related financial instrument.

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