EugeneWoodMyLife
Long

What next for BCPT? - Bollinger Bands And Trend Lines

BINANCE:BCPTBTC   BlockMason Credit Protocol / Bitcoin
I am currently looking at the 2h chart on Binance.

We had a Bollinger Band sell signal on our chart earlier and since then we have been watching to see how this is going to play out. As you can see the previous support line in green has now formed a resistance line but as you can see it is still an upward supporting resistance line.

I believe we will see a small correction here in the short term 1-2 days then we will get a buy signal from our Bollinger Bands and that is when I know it is time to get back in.

I took a 12% profit earlier to try to get a few more coins after the correction.

BCPT is also one of my long-term HODL's and if you have a look at the full chart you can expect BCPT to MOON in the medium term.

Trade active: This is the correction I was talking about...
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