Burstcoin is easier to understand via the USD chart, even though it is only traded against BTC. We can identify a Wyckoff Accumulation Pattern. This coin is a pioneer of Proof-of-Capacity, basically this is a coin ahead of it's time. I invite you to check out their website and DYOR.
With all the Wallstreet Betters and wannabes fomoing every where, why not seed some of these low caps on Bittrex. Last year shows huge returns! I have gone in and set up sell orders in advance so I don't have to micro manage them! Binance has some great choices too, but I don't trust China or want to support them in anyway so I choose to not use binance.
The BURST price is at an interesting point in time. First, notice in the chart it is forming a double bottom with the all-time low in November 2015 - this could be viewed as bullish. Second, there is a potential correlation with the Bitcoin Halving Cycles . BURST has been around for two BTC halving's so far, one in 2016 and one in 2020. Notice in the chart...
BURSTBTC 1W Zooming out on a 1 Week chart: Just picked up some Burst Also have another bid set at 67 sats Bullish divergence on histogram Willy stupidly oversold Target is the 50% fib which lines up with top of value on VPVR Positive volume coming in on OBV Bearish volume has stepped up so the 67 sat price is possible which will also line up with the bottom end...
BURSTBTC (Bittrex) -- Buy: 65 Sats; Sell: 130 Sats; Stop: 55 Sats -- Risk/Reward: 6.5; Profit: 100% Just an idea, NOT trading advice
its all a dream, illiquid shitcoin but it is presenting a decent speculation gamblers R/R
Here is chart of burst coin vs bitcoin four hours you can see this coin firming wave ( a ) completed soon .
Supplement to -Its-like-green-version-of-Bitcoin-sort-of Not much of a discussion because there isn't much to say from a technical perspective. This is market manipulation 101: we are back in the Point of Control POC , the price point with the highest volume . At a base level trade volume is dry with random peaks up or down as the asset is manipulated. BURST...
Not much of a discussion because there isn't much to say from a technical perspective. This is market manipulation 101: we are back in the Point of Control POC, the price point with the highest volume. At a base level trade volume is dry with the random peak up or down as the asset is manipulated. BURST ranked ~388 is a previous top 20 coin with some incredibly...
BURSTCoin (BURSTBTC) just printed a massive green candlestick on the daily chart. This is the highest volume BURSTBTC has seen since July 2018. This break managed to take out EMA50, EMA100, and EMA200. BURSTCoin price stopped short of reaching EMA300 (gray line). The RSI is at its highest since December 2018 and it is going to reach the highest today since the...
#BURST / BTC ( Binance, Bittrex ) Buy Range : 145-150 Stop Loss : Not recommend Target 1 : 186 Target 2 : 247 Target 3 : 345 DAILY CHART - RSI trending high ( Positive ) - MACD getting stronger ( Positive ) - Supported by EMA20 ( Positive ) - Breaking MA50 after test ( Positive ) - CMF is near to turn into positive territory ( Neutral ) - CCI turned...
$BURST reached long term support line and in the meantime coming closer to the apex of the falling wedge which is quite bullish. In the upcoming weeks if price will make successful breakout out of the falling wedge we might see up to 268% gains. On daily chart MACD there is a clear bullish divergence. Green - buy. Red - sell. It's not a financial advice. Trade...
Heres my trade setup on $BURST anticipating a bounce off this level. Stop loss is in so this is a set and forget with alerts at targets. Key is risk management, cut losses quickly and ride winners (I can sleep peacefully). I may consider a a trailing stop loss if we get some decent upside momentum. This could bounce or head further south, if my SL gets hit so be...
Risky trade here, but I am attempting to practice some setups with MACD divergences, stop loss set for 121 sats. Lets play it out,, FYI I had MACD divergences on every time frame..
Idealism is the despot of thought, just as politics is the despot of will. I am conscious of my inability to grasp, in all its details and positive developments, any very large portion of human knowledge.
The Chart is looking great and is pointing way up to test the channel. Price now of BURST/BTC is 0.00000153 BTC Looking to enter at 0.00000120--30 BTC range. Recently one of their their developer executed a blockchain transaction without an internet. So Development part is great. Remember, when Mcffee Shilled BURST, it went to mars and visited top 20 alts...
After an downtrend burst is making an uptrend. So keep an eye on this. Take position into this when market is stable. Invest at your own risk as it seems good profit from here but market manipulation can do opposite things as well so if you enter then do by using stop loss as well and invest only what you can afford to hold/loose for long in crypto.