A large diametric is finished. BICO is expected to be bullish for weeks.
By maintaining the green range, it can move towards the TPs.
TPs are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit...
#BICO
The price has been moving in a bear flag since May 2022
And now we have a breaking of the upward trend of the reversal flag.
As well as breaking moving Average 100
With support from MACD
Price now0.3100
Goal of decline 0.4137
Second goal 0.5308
◳◱ We've detected a Failure Swing pattern on the OMXSTO:BICO / CRYPTOCAP:BTC chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance key levels are at 0.00000815 | 0.0000085 | 0.00000921 and the major support zones are respectively at 0.00000744 | 0.00000708 | 0.00000637. It is a bullish indication and we...
Hi dear friends, hope you are well and welcome to the new trade setup of Biconomy (BICO) with US Dollar pair.
Previously we caught almost 50% pump of BICO as below:
Now on a 2-hr time frame, SXP has almost completed a bullish BAT move for next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow...
We've detected a Resistance Breakout and Confirmation on the BICO/BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. We may consider buying at the current price zone and targetting higher level.
Hi dear friends, hope you are well and welcome to the new trade setup of Biconomy (BICO) with BTC pair.
Our last successful trade setup of BICO was as below:
Now on a daily time frame, BICO is about to complete the final leg of a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the...
Hi dear friends, hope you are well and welcome to the new trade setup of Biconomy (BICO) with Bitcoin pair.
Previous we caught a nice bullish Gartley of Bico:
Now on daily time frame, BICO has formed another bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get...
BICO on the daily chart looks like it wants to pump any time soon!
We have a descending broadening wedge and a local symmetrical triangle, so we have a pretty good confluence to buy a breakout.
What's more, as per my Elliott Wave analysis, the massive impulse wave has been completed, and that's why I expect a retracement.
I recommend buying a breakout above...
Hi dear friends, hope you are well and welcome to the new trade setup of Biconomy (BICO) with BTC pair.
Previously we had a nice trade of Bico:
Now on a 2hr time frame, Bico has formed a bearish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
If it can grab attention, it could even rise above the previous all-time high of $23.8. The project is very solid. coinbase binance and alameda resource sponsor this paper.
Not for financal advice.
It's a very valuable piece of paper, but the price is on the floor. If the hypen interface continues to be used in this way, we may see $25 in the future. It's not financial advice.
#BICO/USDT TA Update:-
$BICO current Price = $1.48
- Breakout and Retest = ✅
- Support = $1.35
- Rejected from Resistance 1 so it can test support level.
- If break R1 then Next Target will be R2
- Targets = $2.36/$3.94/$5.94
And Stop Loss= $1.20
- Chart Invalidate below $1
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