BlockMason Credit Protocol (BCPTBTC) Chart Mapped With Targets

Here we have the chart for BCPTBTC (BlockMason Credit Protocol).
Let me explain my design.

The grey and orange dotted lines are the fibs. levels.
Those levels above the current price can be used as resistance/targets.

The levels below are for support.

The red dashed line at the bottom is our stop-loss.

If we have a full candle close below this line the chart setup is invalidated and any trade should be closed.
Or one can also use the weekly manual stop-loss or any other preferred method.

A bullish bias is developing on this chart and prices can move higher if the bulls follow up.

This is not financial advice.


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