Burger Good Longterm InvestmentI invested today on BURGER once the price touched the lips of the alligator, the Green Line. I have analysed the project and I find it similar with AAVE and has great potential to rise to 400-500 per coin if not more in the next few months. Lets see. You could make even more profit from the trend if you trade it in smaller timeframes cause I see it has a bit high volatility.
I expect to make my capital about 100x times from the size it is from the BURGER coin till it reaches the 20x increase and compete with AAVE in market capitalisation, by trading it in smaller timeframes.
The transaction fees are much lower than AAVE and has a crosschain function as well.
Follow me to stay updated with more of my simple trading IDEAS !
Hope to be correct and good luck to all!
Burgerswap
BURGERSWAPI usually stick to TA with my crypto trades, but recently I've been really trying to sniff out some big winners in exchange tokens; given BNB, FTX, etc.
Coinbase shun a light on the fact that exchanges really are the shovels and buckets to the crypto gold rush.
Therefore, I began looking at DEX, rather than CEX, because I feel CEX has already pumped quite hard.
This is not true however for CAKE and BURGER, the largest DEXs on the BSC, by volume, over the preceding 24 hours.
I looked at the chart and it looks like we are breaking out, based purely on the chart alone, +300% is possible.
But from an FA perspective, BURGER has the 3rd highest volume, but is 9th in market cap.
CAKE also has the highest volume, with a 25% market share, but has a market cap 6 times less than Uniswap.
So decided to take a position and share with you to make your own mind about whether this is something you'd like exposure too.
I've posted the chart on twitter if you want to check out the volume vs market cap analysis > @Finance_Goku
I'll be monitoring the volume on the exchange for the remainder of the week, to ensure it keeps up $$$ and isn't a passing blip.
GLHF.
Burger Update !!i released an idea for burger/bnb a few days ago so here's an update .Firstly we can see a huge divergence forming on the daily time frame which is bullish .also
bearish momentum seems to be decreasing in the macd which is a good sign. further we currently are retesting a Super strong support .however we've broken below a significant trendline but according to the market cylces right now is the best time to buy the dip for maximum profits i would personally like to see a bounce off of this level in the next few days.
None of this is financial advice btw
Dyor
Cheers!!
Burger finds support ??Clearly theres an extremely strong support level on the chart and it seems like we touched it again . literally evrey single time we had a bounce along with high volume we had a nice Spike to the upside .right now could be no different than the past several times .High volume is noticable Lets see what happens next .Burger has a marketcap of 70M$ which i could expect personally doing a 2-10x on the long run its altseason . Also compared to pancake swap burger is still in its early stages .Burger is basically the same thing as pancake but still hasn't pumped yet.
Profitable trades
None of this is financial advice Cheers!
Burger finding support ?Clearly theres an extremely strong support level on the chart and it seems like we touched it again . literally evrey single time we had a bounce along with high volume we had a nice Spike to the upside .right now could be no different than the past several times .High volume is noticable Lets see what happens next .Burger has a marketcap of 70M$ which i could expect personally doing a 2-10x on the long run its altseason . Also compared to pancake swap burger is still in its early stages .Burger is basically the same thing as pancake but still hasn't pumped yet.
Profitable trades
None of this is financial advice
Cheers!
🆓Burger Swap/BNB Analysis (29/3) #BURGER $BURGERAt the moment, 0.02 zone is a good support, which can help BURGER in rising up to 0.03 or even 0.04 zone.
Remember, BURGER is a pump & dump coin at this period, so you all should place sell orders to take profit whenever have good profit
📈BUY
-Buy: 0.0195-0.0205 BNB. SL B
📉SELL
-Sell: 0.029-0.031 BNB. SL A
-Sell: 0.039-0.041 BNB. SL A
♻️BACK-UP
-Sell: 0.0195-0.0205 BNB if B. SL A
-Buy: 0.0145-0.0155 BNB. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
BURGER/BNB potential move for mid term BURGER/BNB pair already hit bottom Both pancake and Bakery swap pumped hard. and both made ATH ... Burger already breakout from resistance if there is no further selling pressure burger will make Ath too.
BURGER (BURGER/BNB)BURGER Swap - AMM on Binance Smart Chain
Market cap
Burger is one of the lowest market cap projects on Binance - 5M
Team
Burger is the first project from Binance smart chain to get listed on Binance and it's among the first batch to receive liquidity support from Binance.
Burger team behind has a solid relationship with Binance, it has cofounders of Ankr involved in, check out the price charts of Ankr, the team is very good In market making
Community
12.1K followers on twitter, 7k members on telegram
We are now in the accumulation zone before a big growth
Best regards EXCAVO
BURGER/bnb target 0.03-0.07-0.1BURGER/bnb
target 0.03-0.07-0.1
buy zone: 0.013-0.015 bnb
sl: 0.01 bnb