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...
All the Top 20 Alts chart looks the same.
Reasons for Long :-
I am expecting a big news from Justin Sun. After the torrent giant acquisition TRX has not shown any substantial movement.
Daily Chart is showing that we are going to test the red channel zone.
It happened with XRP, then BCH....maybe the next will TRX
On the other side we can move to green...
Look to the lines....I m bearish over crypto as of now. But TA does'nt care about market condition as it happened with XRP, it is bound to happen with BCH.
~~~380 usd if you are lucky
Sell @1200 usd
Despite I m being bearish about Bitcoin at this point of time....but what i am worried about altcoins...TA is hard long....
My Take BTC may stay around 6600-6800 may be a spike near 7K in the mean while Altcoins following same pattern as XEM, BCH and others may fly hard.