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
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.
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.
The priceline of BlockMason Credit Protocol cryptocurrency is moving withing a falling channel and hits the channel support after May 2019.
In the meanwhile the price action is also forming a bearish shark and has completed the B to C leg.
The RSI is oversold.
The MACD is turning weak bearish from strong bearish.
From here the price action can hit the sell target...
This altcoin has a very low volume but there is constantly someone in there that pumps it hard due to easy manipulation with orderbooks.
This is a risky trade but I'm watching it tried to breake the Daily 200 EMA already 4 times and it's in a good accumulation zone.
Weekly RSI is ready to burst above 50,daily also.
If you're willing to take the risk just...
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...
$BCPT Reached important support at ~800sats...
Previous iterations w/ this level lead to a bounce...
Volume rising today but we will need to see continuation or a break above descending trendline..
Both RSI & MACD bearish for now
Wait for confirmation but stay alert...
Pair : #BCPT / #BTC
RSI : 49
Note :#BCPT is already in a breakout of a falling wedge which is created in the downward trend after a good pump in the last week of May. Now MACD and RSI looking good for a good confirmation and breakout of the trend in favor of bulls and volume is also looking good even though a further little more spike...
The coin adjusted to a fibonnachy level of 23.60%
level 726 became support level
volumes increased several times
news that I heard about the project:
BCPT BinanceDEX Migration Complete
Cashierest Listing now open for BLINK