Market Update: BURST/BTC - In the Buy Zone!steemCreated with Sketch.

in cryptocurrency •  7 years ago  (edited)

BURST/BTC

  • Retesting previous breakout on the H1
  • Expect price to bounce from here and test yellow resistance
  • If price breaks below pennant, consider exiting all BURST positions

Analysis

Support 1: 180
Support 2: 155

Resistance 1: 190
Resistance 2: 230
Resistance 3: 275

This was the coin I wrote in a previous article last week that would rise 70%. It has so far achieved 50% and is now consolidating here to probably finish the job. If uptrend line breaks, exit all buys. Good Risk:Reward


Happy Trading!


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