BURST/BTC is going to burst out! (50-60% PP)steemCreated with Sketch.

in #trading6 years ago

Burst is moving inside of triangle and is very close to breakout of it! 

Events: 16 MARCH 2019 HARD FORK : Hard fork to enable “Tethered Assets” in Burstcoin, a type of token that has a fixed USD value. 

Source:  https://medium.com/@PoC_Consortium/crypto-and-differential-calculus-f443803834a3

TradingView chart link

On the chart above : 

  • We are in the accumulation zone 
  • The trend line is holding up very nice 
  • RSI and MACD are bullish 
  • There is a w confirmed on a daily chart 

Let's not forget about the hard fork! It is a very important event for any cryptocurrency!

We should keep an eye on it, waiting for that breakout before we make a move!

 Details are on the chart! I hope you will enjoy this trading idea for BURST/BTC!

Disclaimer : 

My posts are never financial/invest advice! For a favorable outcome, make your own research! Never invest more than what you can afford to lose. Don't forget, it's all about positive thinking and patience! 

Remember, you should always use a stop loss! 

Feel free to share your thoughts on the comment section below.      

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