BlockMason Credit Protocol Breaks All Highs Since Nov. 2018

23 Apr 2019

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 support and then proceed with its growth.

The RSI is super bullish and the volume is good. There is some worry forming on the MACD, bearish divergence, which makes me lean towards the retrace scenario before additional growth.

This is really early as this just started to move, but BCPTBTC will definitely produce some major gains in the months to come.

I'll be keeping on eye out on this one for a good trade set up and entry. Make sure to hit like if you want to see a full trade for BCPTBTC. If enough people hit like I will know that there is enough interest and share it here once a good trade set up develops.

Thanks a lot for reading.

This is Alan Masters.

Namaste.