philipdinu
Panjang

BURSTBTC - 4H Trend Continuation

BITTREX:BURSTBTC   BURSTCoin / Bitcoin
Burst has recently had a bounce off of Ehlers 4h MA cloud and a break of recent highs with good momentum. Opening up positions based on price action.
Perdagangan aktif
Perdagangan aktif: Positions still open. Ehlers sentiment is showing bearish on the 4H chart and bullish on the daily chart. This is typically a good indication that price is still in a correction phase before continuing on the daily/4H trend.

Good idea to continue holding or add on to position size here.

Perdagangan aktif: Waiting and watching. I have some mental stops in mind just below the wick at the 0.00000280 area.

BURST is hanging out in what looks like a very tight range - BREAKOUT or BREAKDOWN seems inevitable. ill take the former
Balas
philipdinu BeerdHead
@BeerdHead, I agree, looks like it's about to transition from ranging back to trending. BURST is one of my top picks for this year, I think it's going to be big.
Balas
BeerdHead philipdinu
yeah - next action shows, up im taking profits in the high 700s (current resistance) --- if it breaks, ill just gap buy back in as soon as possible.

after that im letting it run to high 800s before taking profit - really seems obvious that we'll see 1k sats BURST this year
Balas
philipdinu BeerdHead
@BeerdHead, Good play. After we pass that 800/1k area area, who knows where the limit will be. With all of the attention the media is getting on crypto recently, I hope we demolish that 1k target and burst pulls what NEO pulled this year.
Balas
could you please explain to me,what is 4h MA?
Balas
@mrdhsyn, It is short for a moving average cloud charted on the 4 hour time series. The two moving averages I use are the MAMA (red line) and FAMA (green line), the cloud is described as the area fill between.
Balas
mrdhsyn philipdinu
@philipdinu, Thank you so much for explanation
Balas
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Laman Utama Pengimbas Saham Pengimbas Forex Pengimbas Crypto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Rumah Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Pengesetan Profil Akaun dan Bil Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikuti Mesej Peribadi Perbualan Log Keluar