#Accumulation_Recomendation
Pair : #BCPT / #BTC
RSI : 46
Note :#BCPT got listed on Binance and is on fire on the daily time frame chart. This will make it form a bullish engulfing candle stick on the 1D chart and will be in a 3 to 5 elliott waves. For now MACD and RSI seems to be on the bulls side and looks perfect for a reversal upward trend formation and EMA is trying to establish a good bullish formation too. The close of the current candle will be a good confirming point for entering the market but will surely see a little bit price move downwards for a good bullish establishment.
Accumulation Area : 645 sats - 690 sats
Distribution Area
Short Term:
Target 1 : 729 sats
Target 2 : 753 sats
Target 3 : 796 sats
Target 4 : 826 sats
Target 5 : 864 sats
Mid Term:
Target 6 : 907 sats
Target 7 : 981 sats
Target 8 : 1092 sats
Target 9 : 1233 sats
Stop Loss : 590 sats
Risk : High
Capital Accumulation : 4%
Pair : #BCPT / #BTC
RSI : 46
Note :#BCPT got listed on Binance and is on fire on the daily time frame chart. This will make it form a bullish engulfing candle stick on the 1D chart and will be in a 3 to 5 elliott waves. For now MACD and RSI seems to be on the bulls side and looks perfect for a reversal upward trend formation and EMA is trying to establish a good bullish formation too. The close of the current candle will be a good confirming point for entering the market but will surely see a little bit price move downwards for a good bullish establishment.
Accumulation Area : 645 sats - 690 sats
Distribution Area
Short Term:
Target 1 : 729 sats
Target 2 : 753 sats
Target 3 : 796 sats
Target 4 : 826 sats
Target 5 : 864 sats
Mid Term:
Target 6 : 907 sats
Target 7 : 981 sats
Target 8 : 1092 sats
Target 9 : 1233 sats
Stop Loss : 590 sats
Risk : High
Capital Accumulation : 4%
