nlizotte

BURST/BTC Massive Cup and Handle Daily Chart

Lång
Hey all!

Zooming out on the daily chart. The Massive Cup and Handle being Formed support level is roughly 500-600 range. As stated earlier today on the 15 minute chart for the accumulation range 500-600 satoshis, you will notice that this this will look like STR last week.

Possible Scenario & Time Stamps:

1 Day: XRP retraces to the Bullish Divergence Line, volume accumulates in BURST.
2 Days: Both STR & XRP Retrace together
3 Days: BTC Continues to Retrace to the Long-term Bullish Divergence Line
4-5 Days: Natural Growth & Accumulation

Accumulation Period Zone: 500-600 Satoshis.

Side Note: Don't Mind the Drawing on the current price - Using Intra-day charts most of the day.

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