BCPT could break the top of the small wedge soon, and reestablish resistance near 11100. Could see some big price moves after that. Stop loss is below the purple wedge. The dotted orange line is the 4hr trend lower line. If it breaks above the top wedge in the near future, we will see huge movements.
BCPT has been trading in a wide range after an accelerated move to the upside. Since that time is has formed a bull flag pennant and attempted but failed to break the upper flag pole. A potential long setup exists with a break above resistance at 0.00012855 followed by confirmed support after the break at or near the same level.
A loose stop would need to be...
BlockMason Credit Protocol, UP 20% in the last hour, and 181% over the last 7 days.
The team behind this is extremely well experience and educated and this altcoin fills a gap in the market, social lending.
I expect this growth to continue. and expect triple digit growth in the coming week.
Buy in: 0.0001200
Target 1: 0.0001500
Target 2: 0.0001700
BCPT forming a symmetrical triangle with support stretching two days back.
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.
BCPT has been going up and up recently and now that it hit its downfall it built up a falling wedge which means that it could be going up by a lot. Follow the instructions and make sure to cash in NOW!