Ideasdetrading
Burst to continue... #BURST / #BTCLooking for Burst to continue its amazing run. I think It will continue as long as conditions remain the same and we get that nice big green volume on Burst today. I think we do. With Bitcoin somewhat healthier than last couple days. Watch out for Bitcoin Cash. Its starting to pull up now. It may seal some of the show.
Anyway, I already have a position in BURST. I am holding. It will only rise more and more. This is the first coin to use Android mining. And its fairly easy to set up. Detailed instructions are easy to find. Burst has a great product and the world is ready to mine on their phones and regular PCS.
USD/ZAR 1H Chart: Channel UpUSD/ZAR 1H Chart: Channel Up
The American Dollar is strengthening against the South African Rand in a short-term ascending channel.
The pattern started to form two days ago after a sharp appreciation of the Greenback by 1.8%.
Since there were no fundamental events that day, the surge most probably was attributed to combined support level set up by the 55-, 100- and 200-hour SMAs as well as the weekly PP at 12.9962.
At the moment, the currency exchange rate is approaching the channel’s bottom boundary that is backed up by the weekly R2 at 13.2383 and the monthly PP at 13.2254.
The pair is expected to make a rebound and resume the surge with the ultimate goal to reach the weekly R3 located at the 13.3730.