BINANCE:BCPTBTC The simple chart, less is more! You can see Cup & Handle Pattern is shaping in 4 Hours price chart. We may see a Bullish wave soon. Bollinger Bands also gives bullish signal and a breakout. Profit target can be +0.00015000 and even higher
I got a request to check BCPT (BlockMason Credit Protocol)’s price and we are in for an interesting triangle again. BCPT has known incredible swings, reaching a high of 14858 sat (+366%) compared to Jan 1st, only to plummet catastrophically to 2469 sat (-83,3%), and all of this in less than 2 months. At the moment, price seems to be stabilising around 5131 sat...
BINANCE:BCPTBTC Block Mason Credit Protocol is still in bullish wave and you can open your long position. Williams %R indicator shows that still we are in bullish wave. RSI indicator also confirms bullish wave and the price is in Resistance and Support Parallel Channel.
BINANCE:BCPTBTC A nice Bullish falling wedge pattern shaped, RSI chart shows the price is almost oversold We are ready for a breakout in next upcoming days.
Price is entering support zone(8387-9085), good opportunity to go long, first target previous high(~14500), hopefully will break and go higher, but I believe will take a while for that.
Continuation pattern spotted on BCPT. Buy now and sell near 15k sats for a quick scalp, or buy now and hold for the breakout. Be sure to practice capital management by setting an appropriate stop.
I have no idea what i am doing. But i hope that will work.