BURST - Huge risk / reward ratio 4+ - Bull wave 3 may be coming!
Background story...
- BURST hit an all time high on Friday at 0.000009ish
- Over the weekend it crashed pretty hard all the way down to 0.0000065ish at the lowest
- Right now at 0.00000710, if this bounces back to the all time high or above, you'll see a 30% gain
- BURST is being launched on BitSler tomorrow (gambling platform) so some news may come from this
Why am I bullish here?
1. inv head and shoulds on daily (Target = 1750)
2. Might be wave 3 which means even more upside if confirms
3. Strong bullish divergence on shorter time frames (1-Hour etc)
4. Has bounced near support
Stop Loss Target: 0.0000065
Sell Target: 0.000009ish (last all time high)
Trade at your own risk here.
Just my analysis of this coin but the risk/reward ratio with the stop sell in place is massive.
- BURST hit an all time high on Friday at 0.000009ish
- Over the weekend it crashed pretty hard all the way down to 0.0000065ish at the lowest
- Right now at 0.00000710, if this bounces back to the all time high or above, you'll see a 30% gain
- BURST is being launched on BitSler tomorrow (gambling platform) so some news may come from this
Why am I bullish here?
1. inv head and shoulds on daily (Target = 1750)
2. Might be wave 3 which means even more upside if confirms
3. Strong bullish divergence on shorter time frames (1-Hour etc)
4. Has bounced near support
Stop Loss Target: 0.0000065
Sell Target: 0.000009ish (last all time high)
Trade at your own risk here.
Just my analysis of this coin but the risk/reward ratio with the stop sell in place is massive.
Trade closed: stop reached:
Well, this didn't work out but this thing could make a HUGEEEE swing back now at it's current price. Or decline, sea of red right now for altcoins!
Trade active:
This one might actually pan out now!