Long
BCPT bounce off support
BCPT/BTC has consistently found good support in the 5.0-5.5k area. If you take the recent highs to low, first 2 fib retrace levels would be 35 & 62% profits from 5.5k.
(that first retrace level around the 7.5k area also happens to currently be the 200ma on 4hr, which is likely to move lower before the price tested that resistence.)
this one has been quiet for quite some time now, but is always a pretty solid trade when it does wake up and starts moving.
(that first retrace level around the 7.5k area also happens to currently be the 200ma on 4hr, which is likely to move lower before the price tested that resistence.)
this one has been quiet for quite some time now, but is always a pretty solid trade when it does wake up and starts moving.
Note
It took awhile, but looks like it is finally trying to make its push above that accumulation zone. Unfortunately, I did not think to extend that very far when i originally made this chart, so you will just have to eyeball it :)Note
BCPT 1hr. good spot to jump in on a pullback imo
Note
Still trying to break out of that upper range around 60ish. Back to testing it again currently.....
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.