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
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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