Burstcoin bounced from its big historical support level (green line). It is possible that price falls again to retest this support level or fall below to test the second green support. Anyway, Risk/Reward is good enough to entry for long in my opinion.
I did not enter to this market, but I follow this coin regularly. the team and the project is great and the new announcement of tethered assets are big news: twitter.com/Burstcoin_dev/status/1030501379931033600 Near Term Dev. on Burstcoin: Enabling tangle-based lightning networks, effectively making Burst a scalable, green and anonymous cryptocurrency with Burst Dymaxion.
- no investment advice - do your own research - trade carefully -