BlockMason Credit Protocol (BCPTBTC) has broken above all highs since November 2018, producing its first higher high and opening up the doors for additional bullish growth.
On the chart above I drew two different scenarios, the scenario where BCPTBTC continues with its impulse up and challenges the next resistance, or the scenario where it retraces, retest...
RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
My path doesn't seem like anyone. I'm like a MONK, always studying to find the direction that prices will follow. I will feel very comfortable if the price goes exactly in the...
BCPTBTC BlockMason / Bitcoin 1D BINANCE up to 23FEB19 Trading Analysis (TA)
1D Chart, BlockMason (BCPT) has been diving below 100/200 MA signals, MACD Histogram and 60 RSI since November 2018, on January 15 2019 was able to break over the 100 MA signal, pushing up from the 40 RSI Line and bouncing down from the 70 RSI line and below the 200 MA signal. Today the...
A rounding bottom has defined very clearly. Once the price is outside the descending black trendline we would expect to see a strong bullish move, also as you can see price is already above ema 200 and wma 300 which is a good sign that the market is likely for it go higher, just likely.
That being said, we will wait for the price to be outside the trendline to...
The first thing we want to do before we dive deep into the subject is understand what Bitcoin trading is, and how is it different from bitcoins. should-i-invest-in-bitcoin-here's-what-you-need-to-know investing in Bitcoin...
When people invest in Bitcoin, it usually means that they are buying Bitcoin for the long term. In other words, they believe that the price...
BlockMason Credit Protocol (BCPTBTC’) trading volume has been increasing massively, which is one the best signals we have to points to upcoming action. Let's take a look at the chart: https://www.tradingview.com/x/vSELA91p/
- Now trading above EMA10 on the weekly time frame.
- Significant increase in bull volume.
- Reversal candle printed last week (doji).
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
Since the beginning of May, when BlockMason Credit Protocol rejected the resistance at 6900 satoshis, it has lost over 46% to the Bitcoin. Currently BCPT/BTC is trading at 3860 satoshis, and this is 161.8% Fibonacci retracement applied to the corrective wave up after the ascending channel breakout.
Today price reached this support level and seem reject it, while...
#BCPT may go sideways for a bit, but it's sitting at hard support. Total market cap down 30 billion in 24 hours. Once market recovers from that #BCPT will too.
Good to for entry. T and K going making a line, but I believe the T will cross the K to the upside, RSI will go back to the line I drew and MACD will cross. It will most likely not be instantaneous, but...
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...
I tried to show you how I would approach a trade.
I only entry a trade based on the 4 hour / daily chart and I try and trade the bigger weekly moves.
Targets? The answer is simple; Fibonacci. A good (trend-based) Fibonacci is all you are ever going to need.
So how to approach this trade. Sell between 14494 / 19494. Wait for the correction and buy between 11494 /...
BCPT has formed a nice uptrend channel (in yellow).
We are moving slowly, but steadily upwards. Volume is not very convincing yet, but constant.
Supports and resistances (=targets) are the red horizontal lines on my chart.
If we can remain in the uptrend channel, we could hit the first target of around 7,500 satoshis in around 5 days from now.
This is a...
BlockMason Credit Protocol (BCPT). Get ready for another wave up! We are going straight into the trade instructions and then we will take a quick look at the signals and indicators.
BlockMason Credit Protocol (BCPT) Trade by Alan Masters
Buy-in: 0.000052 - 0.000062