The Pioneer of Proof of Capacity an eco friendly blockchain
enables you to connect people and companies without intermediaries in order to communicate,
do business or sign contracts.
Burst as a decentralized open source platform
acts as a scalable, environmentally friendly and adaptable blockchain.
A smart concept for current and future...
An unrecognized team, but they are constantly striving to develop innovations. Green energy. Like my previous XDN proposal, BURST will explode. Get BURST before you miss this opportunity. You sell over 100 satoshi in the short term, I expect it to reach a minimum of 800 in the long term.
Last when BURST crossed the 200 daily vs. BTC, almost a year ago it gained 50% - on the peak of the bubble of 2017 though it was a 3.5x - I think we might be somewhere between - in any case I see high potential buildung up. Let's see what the weekend reveils!
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.
make it yours to see how I did this and some things I look for. Dont have time to explain it, and some people might not care, also, you dont get vol profile for the whole thing.
If you like charting and enjoy sharing and discussing ideas, message me here or twitter.
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...
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...