BICONOMY (BICO)
Long
Updated

Biconomy (BICO) - Bullish divergence

On the above 1-day chart price action has collapsed 90% since early December. Now is an excellent moment to be bullish. Why?

1) The ‘incredible buy’ signal prints.

2) Regular bullish divergence. Lower lows in price action as oscillators print higher lows.

Is it possible price action falls further? For sure.

Is it probable? No.

Good luck.

Ww
Trade active
Trade active
This would be an exceptional moment. Beautiful divergence on the 4-day.

snapshot

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