BitBean is one of the newer coins although it showing some growth potential in the medium to short term. BITB/USD has found the support at $0.0012 and since then was moving slightly upwards within the ascending channel

The uptrend trendline has been rejected for two times already which shows that it just doesn’t want go any lower. The upside potential remains and it could go up as high as $0.008 from the current price at $0.004, totaling a 100% growth.

Currently, BitBean might start rising as the descending channel has been broken. The Fibonacci applied to the corrective wave after the channel breakout shows that 361.2% level could be the upside target, which does go inline with the 61.8% Fibs applied through the all-time high, and the upper trendline of the extended ascending channel.