BCPT LONG ANALYSIS
BCPT
BCPT broke back down into support and is forming a triple bottom here. Its possible we see a wick back down to the low end of 250 sats, which puts our main entry targets at 250-280 sats. From this point, IF triple bottom holds, we can see a potential rise back up to 50 MA at 319 sats. I expect the stronger rejection to be at T2 of the 200 MA at 360 sats. The last target, possible scam wick to hit previous highs is at T3 of 399 sats. Since August, BCPT has been struggling majorly to break above the 100 MA and HOLD. 200 MA hasn’t been touched. Therefore, Keep eye mainly on T1 of the 50 MA which is expected to be hit, but again the 200 MA at T2 is the main resistance here. Look to exit at the following points.
Possible Entries: 250-280 sats
BCPT broke back down into support and is forming a triple bottom here. Its possible we see a wick back down to the low end of 250 sats, which puts our main entry targets at 250-280 sats. From this point, IF triple bottom holds, we can see a potential rise back up to 50 MA at 319 sats. I expect the stronger rejection to be at T2 of the 200 MA at 360 sats. The last target, possible scam wick to hit previous highs is at T3 of 399 sats. Since August, BCPT has been struggling majorly to break above the 100 MA and HOLD. 200 MA hasn’t been touched. Therefore, Keep eye mainly on T1 of the 50 MA which is expected to be hit, but again the 200 MA at T2 is the main resistance here. Look to exit at the following points.
Possible Entries: 250-280 sats
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