After the rejection market must have to retest the 2704 area before continuing its bullish reversal. Now we are taking bull from 2690 area
The Beam Foundation has announced a groundbreaking initiative—a $150 million fund to advance the GameFi industry in Abu Dhabi. This strategic move aims to position the Emirate as a global leader in gaming by fostering innovation and supporting emerging projects at the intersection of blockchain, gaming, and artificial intelligence. Here’s a deep dive into the fundamental and technical aspects of NASDAQ:BEAM , the token that powers this ecosystem. Beam Ventures: Revolutionizing GameFi The Beam Foundation has revealed ambitious plans to establish Beam Ventures, Abu Dhabi’s first gaming-focused venture fund and accelerator. With a $150 million fund under its wing, Beam Ventures seeks to attract top talent and cultivate a thriving ecosystem for game developers and startups specializing in Web3 gaming and AI. Key initiatives announced include: - BeamAI: Harnessing artificial intelligence to create smarter gaming environments. - Beam L1: A Layer 1 solution to enhance blockchain scalability for gaming applications. - Beam Nodes: Enabling decentralized participation in the Beam network. These initiatives underscore Beam’s commitment to innovation and solidify Abu Dhabi’s reputation as a burgeoning hub for gaming excellence. A Visionary Approach to Gaming Abu Dhabi’s gaming infrastructure has grown exponentially in recent years, supported by initiatives like the esports island and high-profile gaming events. Beam Ventures aims to build on this momentum with its accelerator program, designed to empower early-stage startups through mentorship, funding, and access to cutting-edge technologies. By fostering a culture of innovation, the initiative aligns seamlessly with the Emirate’s broader vision to become a global leader in gaming and technology. Mark Borsten, Chief Strategy Officer of Beam Ventures, encapsulated this vision: “We’re convinced that Abu Dhabi is set to be the epicenter of the world’s most exciting, pioneering tech and gaming innovation for years to come.” Technical Outlook for NASDAQ:BEAM Despite the bullish sentiment surrounding the crypto market, NASDAQ:BEAM has faced a minor decline, down 3.1% as of writing. The Relative Strength Index (RSI) sits at a neutral 50.83, suggesting a balanced market with potential for both upward and downward movements. From a price action perspective: - The coin’s resistance lies near $0.035, while immediate support can be found at $0.030. - A potential breakout above resistance could pave the way for a rally, fueled by the increasing adoption of Beam’s ecosystem. - However, traders should watch for consolidation, as the market digests recent developments. What is NASDAQ:BEAM ? NASDAQ:BEAM is the native token of the Beam network, serving as both a utility and governance asset. It enables seamless transactions within the ecosystem and empowers holders to participate in decision-making through the Beam DAO. The network’s core offering, the Beam SDK, provides developers with tools to integrate blockchain features into games effortlessly. Key Metrics: - Current Price: $0.03341 - 24-Hour Trading Volume: $111,224,671 - Market Cap: $1,613,151,382 Why Beam Ventures Matters Beam Ventures’ $150 million fund is a significant step toward positioning Abu Dhabi as a global leader in gaming. By bridging blockchain, gaming, and AI, the initiative is set to attract talent, drive innovation, and create a sustainable ecosystem for GameFi projects. This bold move aligns with Abu Dhabi’s broader strategy to foster growth in creative industries, making it an exciting time for NASDAQ:BEAM holders and the gaming community at large. Conclusion Beam Ventures’ initiatives mark a pivotal moment in the evolution of gaming and blockchain technology. As the fund’s impact unfolds, NASDAQ:BEAM stands at the forefront of this transformation, offering investors and developers a unique opportunity to participate in shaping the future of GameFi. For those seeking exposure to an ecosystem dedicated to innovation and growth, NASDAQ:BEAM is a token to watch closely.
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Goldman Sachs - Double Formation * 012345 | Wave 1&2 | Subdivision 1 * Flag Structure | Uptrend Bias - Triple Formation * Top Bottom Structure(Neckline At 573.00 USD) | Subdivision 2 * 345 Template | Trend Developing Entry | Subdivision 3 * Trend, Behaviour & Entry Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
"It is time to take the trade! All prices in the blue area are very good for buying. The next target is 1.4 (the next blue area)."
The Relative Strength Index (RSI) is showing a downward trend, indicating weakening momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bearish crossover, further supporting the potential for a downward move
Hello trader's here is your bitcoin senario for upcoming day's so don't try to be oversmart this time market is going to trending on this date :_ _?_/12_/2025 If you know then comment here
In this week’s update, I’d like to delve into something that I consider probably one of the most important, but in the realm of my career, probably one of the last consequential decisions I will make in my time being affiliated with Markets. The potential of a Super-cycle topping event. This next week is my birthday. That got me thinking about my career. I first became professionally involved in the markets in 1990. But in truth, that story started when I first watched the 1987 movie “Wall Street”, starring Michael Douglas and Charlie Sheen. I remember thinking to myself while watching this movie when it first aired …” that’s what I want to spend my life doing.” Probably not too far and away from many of you reading this, who caught the trading bug. Your origin story probably mimics mine to some extent. But I hailed from proud Austrian/Spanish descendants who settled in NYC in the 1930’s, and didn’t have much, and at the time, my aspirations seemed like a stretch. I went to college and majored in accounting as originally, I thought I would be a CPA. However, an internship at a big 8 accounting firm in my junior year called that aspiration into question almost immediately. My supervisor at the time commented to me…” you interns should pay us rather than the other way around ”. I assumed he was referring to the aspect that interns only complicate things, make his job harder, and I distinctly remember what a jerk this guy was, and that if the industry is filled with guys like this, I had little desire to join that cast of characters. Did my future entail me becoming this guy? It’s funny how life introduces you to people to guide, or divert you, from your chosen path…but nonetheless, becoming a CPA was a dream that I now felt at odds with. That was devasting for me because I felt I was back to square one…until I caught that movie. Leaving the theater, I was captivated, and so clear-eyed as to what I would spend the rest of my life doing. I simply would not be deterred. I got started at an investment banking firm under the tutelage of a senior advisor in the private placement division. I was fascinated by this transaction because it was (for the most part) a zero-risk proposition. I would inform some of the high-net-worth clientele of the firm that by buying restricted 144-stock prior to the IPO at a massive discount to the pricing date of the IPO, their stock would immediately become eligible for sale on Day 1 and at the opening price. The returns were typically 100% or more, and in a 6–24-month period, depending upon how complex the business was and the interest from the selling syndicate. It got to the point after several years, if the private placement allotment was GETTEX:25M or $50M I could place that entire allotment in a 10-hour work day and with only a handful of phone calls. The largest amount of time that passed was between my initial phone call and finally getting the client on the phone. The previous history of being involved in these transactions was a "no salesmanship on my part" required. The calls went, “I have $5M for private placement how much do you want”? I never heard objections like the retail brokers heard… ”I need to discuss this with my wife. or I’m going through a rough patch and have no discretionary funds.” It was here is my wiring instructions, you hit the firm’s account by COB at 4pm EST and the shares are yours. Fail to follow through on the wire, no problem… but I’ll never call you again ”. It wasn’t long before I was informed that secretaries were instructed if I called…regardless of what my client was involved with, put the call through. However, what I constantly thought about was how unfair the risk/reward was to all those who never had the chance to participate in these secretive transactions. The ups and downs of the markets had to make sense…and it wasn’t until 2012 that became affiliated with Elliott’s work. Previous to 2012, the technical analytical perspective was mocked as wishful thinking, or voodoo like. The prevailing thought process was the random walk theory, Dow theory, etc…I was a loyal follower of John Murphy (Founder of stockcharts.com) and in truth he turned me on to Elliott Wave Theory. The tenants of EWT made sense to me. They were routed in mathematics, and Fibonacci, and as a former accounting major, I felt were well within my scope of understanding. The by-product of that relationship was the absolute fascination with investor sentiment and the repeating patterns they tend to create, over and over again ("Self Similar" as Elliott put it in his original work). Fast forward 10 years and in 2022 after an exhaustive analytical look at the sum of the price action associated with the SPX500, I realized that the odds we were entering an area of a super-cycle wave (III) top was incredibly high. Now understand the magnitude of this observation of mine. If my analysis was correct, the last super-cycle wave (II) would have been experienced in the late summer of 1932. Even if we get alternation, this will be the trade of a lifetime. Not necessarily to be short the top, but to be amply prepared. I have discussed this notion with my members for two years so far. Heck, it was the leading reason why I founded EWTDaily.com. If I am right, this will affect every aspect of your financial lives, and by extension, probably your life in general. This week’s update is not to speculate what the causes are, or will be, of such an event. None of us know, and the reasons one could speculatively insert as a cause are adding up each and every month. However, to claim that my members were prepared, is all that matters to me.
Will CHPT jump up 10% in two hours again or will it go down further or do neither? Oscillator levels are low. But bottom indicator is flashing and it is resting near a Demand Zone and on the 50 EMA, nobody knows but lets look to the short term trend line for clues. Also, keep your eyes on the 15 min TF. Please be careful and have a safe day.
I see it with ethereum, so at the moment we still have bullish scenarios, but the moment I break through the support at the level of 3500-3400, a deeper correction may occur here, at least to the price of 3000, we are currently waiting for the formation to be completed.
BINANCE:BTCDOMUSDT.P reflects Bitcoin's dominance in the cryptocurrency market, currently trading at approximately 2936.8 points on Binance. The chart indicates that the index is testing key resistance levels near 2940 points after recovering from support levels around 2910. Key Technical Highlights: Support and Resistance Levels: Primary support is located at 2910 points. Nearby resistance stands at 2940, acting as a barrier that may require strong momentum to break. Trend Indicators: Some technical indicators suggest a convergence in momentum, signaling potential sharp price movements in the coming hours. Outlook: If the price successfully breaks above the resistance, the next target could be 2960 points. On the downside, a reversal may lead to retesting lower support levels. The market shows signs of volatility with positive momentum likely to persist if trading volume remains robust.