# BETA — Buy Signal on Weekly Chart — 80% Potential 🚀
I recently posted a buy signal for BETA based on its daily chart. After the weekly candle closed yesterday, things look even more promising. Here are the details:
## Key Points:
- **$BETA
** showed a bullish MACD crossover on the weekly chart, which is a strong indicator for long-term trends.
- This signal might not result in immediate gains, but it has a high potential to materialize in the coming weeks.
## Backtest Details:
- Historical data shows solid backtest results.
- Based on 7 historical signals, BETA dipped over 5% after signals flashed in 72% of occurrences.
## Other Technical Indicators:
- Although the number of signals on the weekly chart is limited, every time BETA flashed a bullish MACD crossover on the daily chart, the price rose by more than 10%.
## Chart Analysis:
- BETA recently surged over 100%, reaching its resistance at $0.09.
- If this resistance breaks, the token could quickly rally to $0.12.
## Potential & Strategy:
- The signal indicates an 80% profit potential (~$0.16).
- A good strategy would be to set the first take-profit target at $0.12 and the second at $0.16.
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