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Burstcoin

Burst 2 Bullish Paths: Bump n'Run Reversal BottomBurst has sucessfully broke the orange trendline (on this one we used the body of the candles). This has already been tested on lower timeframes, however, as the red path line shows, we might retest it again and see the 0.786 fib hold. It's a great buying area. However, since Burst has shown so much strenght, got the retrace to 20 sats (0.318 fib, golden pocket), we might just as well go ahead and break the purple trend line (from the wicks). I'd expect to see the price push and then retest the trendline. If you are not in yet, another safe entry would be that retest. You can check that pattern of bump n'run & reversal bottom has been present on every other altcoin. Burst time is coming. After that, unleash the bulls!
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by Chackoya
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.
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by otis_bagshots
1
BURST ready to go parabolic?The BURST price is at an interesting point in time. First, notice in the chart it is forming a double bottom with the all-time low in November 2015 - this could be viewed as bullish. Second, there is a potential correlation with the Bitcoin Halving Cycles . BURST has been around for two BTC halving's so far, one in 2016 and one in 2020. Notice in the chart that the BURST price went parabolic approximately 6 months after the July 2016 BTC halving. We are now 6 months after the recent May 2020 BTC halving. Combing the bullish double bottom chart pattern with this interesting BTC halving correlation, BURST could see a parabolic move in the near-term.
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by Tek_Mind
2
BURSTCoin 78%+ Breakout, Multiple Resistances Taken Out!BURSTCoin (BURSTBTC) just printed a massive green candlestick on the daily chart. This is the highest volume BURSTBTC has seen since July 2018. This break managed to take out EMA50, EMA100, and EMA200. BURSTCoin price stopped short of reaching EMA300 (gray line). The RSI is at its highest since December 2018 and it is going to reach the highest today since the 2017 cryptocurrency market bull run. You can expect additional bullish action coming from BURSTBTC in the weeks to come. Feel free to hit like to show your support. Bittrex altcoins are moving ahead of the rest of the market, you can read more about it here: Namaste.
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by AlanSantana
1
Burst bounce from big support levelBurstcoin bounced from its big historical support level (green line). It is possible that price falls again to retest this support level or fall below to test the second green support. Anyway, Risk/Reward is good enough to entry for long in my opinion. I did not enter to this market, but I follow this coin regularly. the team and the project is great and the new announcement of tethered assets are big news: twitter.com Near Term Dev. on Burstcoin: Enabling tangle-based lightning networks, effectively making Burst a scalable, green and anonymous cryptocurrency with Burst Dymaxion. - no investment advice - do your own research - trade carefully -
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by dannymey_
Burstcoin ready to fly yet?There's been a lot of movement lately in the cyrpto space. Burst has held it's position relatively well compared to many other alts. In my previous post about Burst, you see the potential large C&H on the 1 day, which the handle is still currently being formed. Looking at the 1hr time frame, you see another C&H, although this one has very recently been complete. In many C&H's, after the handle is formed to verify the C&H, a small dip comes, (as happening now), before the rocket leaves the station. What's also interesting is you can see a pennant has formed on the 1 hour. This is another bull indicator. Looking at the BURSTBTC buy/sell on Bittrex, while not taking into perspective any stop-limit orders, the next resistance is around 0.00000330-....340. Take into account, there was a very recent dip around the 0.0000095 mark, this dip was still higher than the previous dip around 0.0000087. Although a drop back to the 0.0000095 mark is still a potential scenario.
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by quantacake
2
BURSTCoin (BURST) Hard Fork (300% Earnings Potential)BURSTCoin (BURST) has been on Bittrex (a Cryptocurrency Exchange Platform) since 2014, and with a Hard Fork coming on 14th June 2018, this altcoin is already starting to see some strong action. Let's go straight into it, let's start with the charts... BURSTCoin (BURSTBTC) Trade by Alan Masters -> CHARTS, SIGNALS & INDOCATORS The first signal that we have is the Hard Fork and BURST past history, both point to massive gains for BURSTCoin in the near future. We will look at the daily and weekly charts now and move on to the signals and finally the trade instructions: - BURST Bounced from its most recent bottom on late March, which completed an almost 4 months long retrace. After this long retrace, BURST has been increasing in price slowly until finally reaching a breakout point and setting up itself for a new uptrend. Just like we went down for 4 long months, we can expect positive action, at least for several weeks to come. - A period of accumulation already happened and can be spotted by the Positive Divergence on the MACD. - A bullish crossover of the MACD happened recently as well. - All of my indicators are on the bullish zone: MACD, RSI, DMI, OBV and STOCH. - We are trading above the EMA50 (magenta) & 200 (yellow) lines, as well as the SMA50 (blue) and 200 (brown) lines. Also, the SMA20 (thin green line) crossed up the other Moving Average lines. This is a bullish signal, there are other bullish crossover on this chart as well. - EMA50 about to cross EMA200. If this signal is confirmed, this is a very strong one. - The weekly chart is turning busllish, with the indicators curving up and allowing for plenty of room for growth. - Low volume allows for massive and fast growth as well when the coin starts to move up. -> TRADE INSTRUCTIONS Buy-in: 0.00000260 - 0.00000350 Targets: (1) 0.00000420 (2) 0.00000490 (3) 0.00000570 (4) 0.00000670 (5) 0.00000800 (6) 0.00000980 (All time high) (7) 0.00001170 (8) 0.00001400 Note: Another coin that is having a Hard Fork while we trade it. It is important to sell before the Hard Fork, but why? In this market, when an event is expected, the price of the coin related to the event tends to go up, but once the official news are released the price drops ("Buy the rumor, sell the news" clearly applies to the Cryptocurrency markets as well as the convencional markets. I've seen how the price of any coin crashes when the official news are released or even before). So we focus on our basic/main strategy - buy, hold and later sell on target - with the Hard Fork date in mind in order to sell on or before this date. Stop loss: 0.00000240 Note: The stop loss is always optional. Since this market is highly manipulated, like all of the markets around the world, sometimes it is less wise than more wise to use a stop loss. Anyways, decide if you want to use it on your own. TRADES: LET'S MAKE SOME MONEY What are you doing here? Why are you reading? Why are you buying these coins? These are very simple questions, have you ever answered them once? I am here to make money. We are here to make money. So, LET'S MAKE SOME MONEY... That's what we want when we decided to buy and trade cryptocurrencies. The market is full of beginners, just like I was when I started to trade. But I gave my trust to this Master, following the instructions regardless of fear, doubt or any one of the many emotions that got in my way. By following Alan Masters, you can make money with all of his trades. Trading cryptocurrencies is very simple, if you have patience and know how to wait. What are the results for you then my friend of following this man? After receiving his guidance, I am now making money every single day! Namaste.
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by AlanSantana
24
BURST PoC1 HARD FORK coming, strong Edge to Edge Trade Oppproject revival: Dymaxion consensus, BURST WALLET 2.0.0 coming soon strong social sentiment growth high velocity momentum mover strong consolidation/ support tests confirmed at 300 sats E2E target 515 sats breakout to peak Fib Extension = 808 UNIQUE proof of capacity crypto: Energy Efficient, Hard Drive Mining, Fast Cheap TXs, on platform smart contracts, Anonymous Free Messaging Service DYOR: CONTENT Dymaxion whitepaper ::::: package.cryptoguru.org burst-coin.org bitcointalk.org stocktwits.com www.burstcoin.ist www.reddit.com discordapp.com bitcointalk.org bittrex.com bitcointalk.org
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by Malcolm3X
2