Will BCPT/BTC Break Out Again?
After a nice run up since yesterday and breaking out of a cup & handle pattern, BCPT/BTC retraced back and found support near 0.00008725 forming a triangle. 15 min. RSI has fallen below 50 so there's room again for further growth.
If BCPT/BTC manage to break out of the triangle and preferably with increasing volume, then we could see it making another run again.
Trade Instructions:
Buy Area:
0.00008950 - 9120 (above 12 ema)
Profit:
1. 0.00008950
2. 0.00009845
Stop:
0.00008498
Keep in mind that you can take profits at any time when you feel comfortable with or want to secure your profits. You don't have to wait for a target to be reached in order to sell.
You can always sell a portion and let the rest ride longer. This will give you peace of mind and more patience.
Please leave a comment if you have any questions.
And good luck trading!
If BCPT/BTC manage to break out of the triangle and preferably with increasing volume, then we could see it making another run again.
Trade Instructions:
Buy Area:
0.00008950 - 9120 (above 12 ema)
Profit:
1. 0.00008950
2. 0.00009845
Stop:
0.00008498
Keep in mind that you can take profits at any time when you feel comfortable with or want to secure your profits. You don't have to wait for a target to be reached in order to sell.
You can always sell a portion and let the rest ride longer. This will give you peace of mind and more patience.
Please leave a comment if you have any questions.
And good luck trading!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.