On the 6th of January BitBean found the top at $0.042, after which it declined back to $0.0054, losing 87% to USD. At $0.0054 it found the support confirmed by 227.2% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout. The support was rejected twice while the RSI oscillator formed a bullish divergence, suggesting the reversal of the trend.
Price went up and broke above the descending channel as well as he 200 Moving Average, yet again confirming the potential trend up. BITB/USD continues to produce high highs and higher lows and this tendency doesn’t seem to stop soon. The first upside target is seen at $0.04 area, which is confirmed by two Fibonacci retracement levels.
On a downside, the price could once again test the $0.012 support, but only daily break and close below $0.0088 should invalidate bullish outlook.
Source: http://cryptopost.com/bitbean-change-in-trend/
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Hey I am a bitbeaner myself and I will just hang tight and collect the staked coins as often as I can =D If there is a huge dip, I consider it a fire sale
yes bitbean looks avery attractive at the moment, lets see how it will work out