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 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.
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.
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...
No major technical analysis here.
Six assets that have lost between 85%-95% of their value, BUT all have Coincheckup ALGO scores of 80%+ *
*Objective data collection and algorithmic score system used by Coinchecker:
-Proof-of-Capacity (PoC) algorithm that avoids the ASIC arms race that resulted from Bitcoin and other Proof-of-Work (POW) consensus algorithms.
The Dymaxion is the integration into Burst of a number of protocols and ideas already proven by other cryptocurrencies. This list includes the use of:
-Tangle technology from IOTA
There's been a lot of movement lately in the cyrpto space. Burst has held it's position relatively well compared to many other alts. In my previous post about Burst, you see the potential large C&H on the 1 day, which the handle is still currently being formed. Looking at the 1hr time frame, you see another C&H, although this one has very recently been complete....
BURSTCoin (BURST) has been on Bittrex (a Cryptocurrency Exchange Platform) since 2014, and with a Hard Fork coming on 14th June 2018, this altcoin is already starting to see some strong action.
Let's go straight into it, let's start with the charts...
BURSTCoin (BURSTBTC) Trade by Alan Masters
-> CHARTS, SIGNALS & INDOCATORS
The first signal that we have is...