BINANCE:BCPTBTC   BlockMason Credit Protocol / Bitcoin
BCPT forming a symmetrical triangle with support stretching two days back.

Three options:

1. Buy it now and have a higher stop loss (around 6-8%).
2. Wait for it to come close to support. <<<< What I will do
3. Wait for breakout and buy then.

Trade is straight forward, take profit at targets and move your stop loss up as price goes up to ensure at least some profits.
Jan 08
Trade closed: stop reached:
BTC messing with us again. I have closed my trades and will wait till BTC settles.

Comments

Gone!
+1 Reply
mafaizer AnsAkk
@AnsAkk, Yeah.. I wish alts would stop relying on BTC so much.
Reply
AnsAkk mafaizer
@mafaizer, i'm hodl any way..one day it will come back up! i hope!
+2 Reply
Thanks. Got in at 10130. Do you have a time frame for the targets
Reply
mafaizer Carwash101
@Carwash101, Not really, I suspect we might hit target 1 today, maybe target 2 if we're lucky.
Reply
AnsAkk mafaizer
@mafaizer, It's been going sideways for 2 days now. Unless BTC goes up do you think it will have a chance to bounce up today or tomorrow?
Reply
mafaizer AnsAkk
@AnsAkk, I'm pretty confident we will see a move today.
Reply
AnsAkk mafaizer
@mafaizer, What's the 1st target you set?
Reply
mafaizer AnsAkk
@AnsAkk, Around 1148
Reply
AnsAkk mafaizer
@mafaizer, I guess i'll have to wait for trgt 2. I entered 2 days back at 11300
Reply
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