DAILY CHART for BITB / USD (( BEAN / USD ))
Bitbean is going to rebrand to Bean Cash (BEAN) and that event may push the price to cross over the expected breakout level (black line). Once it crosses the price will start to rise to test previous ATH. If it manages to cross over that ATH the logical thinking is that will try to double the price from the previous ATH (2x). After the new ATH (2x) has been achieved, the price will retrace to the expected support levels making normal retracement and price correction relative to full push extent. After that, the cycle may repeat again...
Bitbean is going to rebrand to Bean Cash (BEAN) and that event may push the price to cross over the expected breakout level (black line). Once it crosses the price will start to rise to test previous ATH. If it manages to cross over that ATH the logical thinking is that will try to double the price from the previous ATH (2x). After the new ATH (2x) has been achieved, the price will retrace to the expected support levels making normal retracement and price correction relative to full push extent. After that, the cycle may repeat again...