Another golden cross on the 1 hour chart.
40% - 60% short term potential.
As I said in my post on XRP the 200 ema is a powerful support and resistance. I've pointed out the many times the price has tried to break above the 200 ema but has failed. There was a small break above the 200 ema but ended up being a bull trap. This was avoidable by noticing that the 55 and 200 hadn't crossed. Currently they have crossed so look for a bullish break out.
Reasons I think BCPT will rise:
1. BCPT hasn't made a bullish run like other alts
2. Price consolidation
3. "Golden Cross" (1 hour chart)
40% - 60% short term potential.
As I said in my post on XRP the 200 ema is a powerful support and resistance. I've pointed out the many times the price has tried to break above the 200 ema but has failed. There was a small break above the 200 ema but ended up being a bull trap. This was avoidable by noticing that the 55 and 200 hadn't crossed. Currently they have crossed so look for a bullish break out.
Reasons I think BCPT will rise:
1. BCPT hasn't made a bullish run like other alts
2. Price consolidation
3. "Golden Cross" (1 hour chart)