BlockMason Credit Protocol (BCPTBTC) is producing quite the bullish chart and is ready to move.
Here we have all of our classic bullish signals:
- MACD bullish cross, trending up and histogram moving in favor of the bulls. - The RSI is really strong. - Trading above EMA10 and EMA50.
The trading volume for this pair is still low, which means that it has yet to come in (it will come in with big growth) or that it can drop before the next move.
Looking at the signals above, it is more likely that the volume is yet to come in rather than a drop coming... But, we remain open to seeing any scenario develop.
If you decide to trade, always have a plan and a stop-loss in place.
What to do if prices go up? When to sell?
What to do if prices go down? When to sell?
Being patience and having a plan before buying are some of the best practices when trading.