Long
BurstCoin falling wedge
$BITTREX:BURSTBTC
We are about to have a falling wedge breakout at around 400. The RSI is pointing upwards, DMI and MACD support upwards movement.
Please be aware: at the kumo breakout at 400 there is a selling wall at 390 and 400, you can get in at those points but be prepare for the price to retest the could support again (very likely this will happen).
Target is at least 685, stop 330.
We are about to have a falling wedge breakout at around 400. The RSI is pointing upwards, DMI and MACD support upwards movement.
Please be aware: at the kumo breakout at 400 there is a selling wall at 390 and 400, you can get in at those points but be prepare for the price to retest the could support again (very likely this will happen).
Target is at least 685, stop 330.
Trade active
broke the 400 resistanceNote
We almost reached the targetTrade closed: target reached
Target reached
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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.