BlockMason Credit Protocol 1400% To All-Time High (New Low Hit)

26 may 2019

On the 13th of May BlockMason Credit Protocol (BCPTBTC) hit a new all-time low at 0.00000504 satoshis just to quickly bounce with huge strength and volume and grow by 100%.

If you look at the lower end of the chart to the left you can see that BCPTBTC touched lower than December 2017...

Increasing volume. Volume started to grow massively in January 2019, the whales started accumulating. Then again on February and March, we see high volume candles but not much growth. Finally in May, now, we have another big green volume bar.

BCPTBTC is now moving above EMA10, which gives it bullish potential. This weekly candle closes today when this signal confirms. For this signal to be confirmed BCPTBTC price needs to close above 0.00000903.

Strong bullish divergence, 9 months long, showing up on the MACD, here is the chart:

We are looking at 1400% profits potential from the current price to ATH, but there will be more profits generated as this altcoin can move higher when the next cryptocurrency market bull run comes.

Just as we hit new lows (All-Time Low), we can and will hit new highs (All-Time High).

Note: There is always the chance for prices to go lower in the future. This is a chart analysis and not a piece of trade advice. When trading, always use a stop-loss. The red arrow shows the bearish view.

Thanks a lot for reading.

Namaste.