BURST about to go parabolic?
Burstcoin (BURST) is a cryptocurrency based on a proof-of-space (PoS) algorithm, which uses a mining device’s available disk space instead of following other energy-intensive mining methodologies.
It has been consolidating in a falling wedge over the span of 2 years and has just recently broken out to the upside.
The average directional index (ADX) is greater than 25, indicating a strong trend. Furthermore, the commodity channel index is greater than 200 and rising, reaffirming the strength of this trend.
It has been consolidating in a falling wedge over the span of 2 years and has just recently broken out to the upside.
The average directional index (ADX) is greater than 25, indicating a strong trend. Furthermore, the commodity channel index is greater than 200 and rising, reaffirming the strength of this trend.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.