Bubble burst mode engaged. It'll be back to reality for most equities. Speculative garbage and big tech has the most air to be let out of the balloon. MSFT is a great large growth company but a price/revenue ratio of 12+ is insane, it has to fall quite a bit to be a good buy.
Well, this is a monthly chart. I keep thinking about it alot.
Signa (ticker) or Signum (the coin), as you prefer. This coin is easier to be traded against the usd value instead of BTC. It is currently giving a clear retest (even on a weekly timeframe) on the diagonal breakout after being stopped by the 0.382 fib acting as resistance. RSI is also picking up, it looks good for some more upside.
Summer is hot, And the bubble just popped! Sit back and enjoy the ride! Great things come to those who wait! After breaking the symmetrical contracting triangle It's certainly text book To retrace to the lower quadrant of that triangle before next run Minimum retrace acceptable for me is 9.5k around the 0.382 Maximum retrace speculated to be around 7k at the 0.236
Burst has sucessfully broke the orange trendline (on this one we used the body of the candles). This has already been tested on lower timeframes, however, as the red path line shows, we might retest it again and see the 0.786 fib hold. It's a great buying area. However, since Burst has shown so much strenght, got the retrace to 20 sats (0.318 fib, golden...
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...
BNF is looking weak and volume is showing bearish sentiment. Volume bursts in favor of bears so any and all opportunities to short should be taken
Here it is. What we can look forward to if XRP does it's XRP thing. Don't give up on the Burst....2 weeks time for $2.65 (Happy Valentines Day), End of March for $13-$14.
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...
its all a dream, illiquid shitcoin but it is presenting a decent speculation gamblers R/R
Looking at the chart, we see some similarities in term of set up from the last breakout up to the 48 cent level or so. After this burst, it seems we have settled around the.38 cent level. It looks like this base is established (touching this level a couple times) If we sort of follow the pattern in the first set up, we could find ourselves slowly moving up at...
Hi Guys! Let’s take a look at BTC from the perspective of the 1W chart . Well as you can see we have a cup with handle pattern forming. This is bullish . We may have a small pullback ($5800 - $6800) – handle but after this, we should go north. Let’s look at the rest of the indicators . • Weiss Waves – the current green wave we are observing is the...
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...