BCPT is currently in great positioning for a further run up. As you can see, the triangle form was broken and BCPT bounce perfectly off the triangle trend showing the strength behind it at its current state. BCPT did see a double top in the top 2 yellow circles though. Therefore, considering this top..it is possible we touch back to 100 MA at 340 sats...
BCPTBTC in Binance
Moving in uptrend channel. Stoch RSI oversold D1. After BCPT touch support line market need to touch resistance line of channel. Now we are consolidation in triangle with potential break out resistance line.
25 October 2018
IDCM Exchange Listing
We can see here that BCPT is trending up in Hieken Ashi candles. It is also attempting to break up of the top Bollinger band in the last three 4h candles. It’s still in the top half. A breakout can send us to the 365-400 Sats level. SL would be break of middle bollinger band.
Pushing above ~320 sats resistance level (flip on lower TFs) with good volume levels..
If continuation is shown, then we should aim for a retest of ~400 sats level..
RSI rising as it crosses above EMA50/200
Tight SL below what is now support just in case...
Over the last few weeks I have been managing my Stop losses, Take profits and trading in...
BlockMason Credit Protocol (BCPTBTC) is producing quite the bullish chart and is ready to move.
Here we have all of our classic bullish signals:
- MACD bullish cross, trending up and histogram moving in favor of the bulls.
- The RSI is really strong.
- Trading above EMA10 and EMA50.
The trading volume for this pair is still low, which means that it has yet to...
Trying to break from this tight accumulation range over support at ~340 sats
Volume is not that great but still is rising
If continuation is found,then aiming for ~400 sats as 1st target
Try to enter as low as possible since its a riskier trade otherwise & use SL
BCPT testing resistance. RSI above points and MACD going to break zero line. Together look more bullish. Volume must increase to confirm breakout. Potential resistance 410 sats. BCPT drawing Three white soldiers candlestick pattern.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
BlockMason Credit Protocol (BCPTBTC) is starting to move up. It cut through 0.00000343 (EMA50) easily and continues aiming higher.
There is little resistance on the way up and the RSI is moving with massive momentum.
Additional bullish action is expected in the days and weeks to come.
The targets/resistance levels are marked on the chart.
Thanks for reading.
i think bcpt now is good and i expect bcpt go up to 0.00000877 btc then may continue in two way:
way 1(green way):if bcpt break 0.00000877 then will go to 0.00001444 btc
way 2(red way) : if bcpt cant break 0.00000877 btc then will go to 0.0000007 btc
Pair : #BCPT / #BTC
RSI : 46
Note :#BCPT got listed on Binance and is on fire on the daily time frame chart. This will make it form a bullish engulfing candle stick on the 1D chart and will be in a 3 to 5 elliott waves. For now MACD and RSI seems to be on the bulls side and looks perfect for a reversal upward trend formation and EMA is...