🔥 BEAM Bullish Price Action

BEAM has slowly but surely been increasing in value over the past two weeks. As seen on the chart, the asset is showing us classic bullish behaviour with producing higher highs and higher lows all the time. Since it appears that BEAM is also trading in a rising wedge, I've placed the entry at the bottom support of the wedge.

Before entering this trade wait for the price to touch the Entry line. Higher time frames yield a higher predictive power.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.

Happy trading!