}
Hi dear friends, hope you are well and welcome to the new update on Beam coin.
On a 4-hour time period chart the price action of Beam is completing the formation of a bullish Shark pattern and soon it will be entered in buying zone.
Buying and sell targets for Shark move:
The buying and sell targets as per the Fibonacci sequence of the Shark pattern should be:
Buy between: $0.73 to $0.64
Sell between: $0.80 to $0.97
Stop loss:
The maximum extent of the potential reversal zone to $0.6469 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of 51%,%, and the high loss possibility up to 12%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.