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...
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-A bit of information on the coin, to date, Biconomy (BICO) is traded on 34 exchanges, including Binance, LBank, WhiteBIT and others. The maximum trading volume for the trading pair is $11.4 million (89% of the total volume for all...
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📌A bit of information on the coin, to date, Biconomy (BICO) is traded on 34 exchanges, including Binance, LBank, WhiteBIT and others. The maximum trading volume for the trading pair is $11.4 million (89% of the total volume for all exchanges).
▫️According...
BICOUSDT has been trading in a triangle from last 8 weeks. The price is consolidating under the . falling resistance, while holding rising support. We are expecting a breakout from triangle.
The bulls need to break above the falling resistance and to hold support. While all will be over for bulls case of break below of triangle.
Trade your levels accordingly.
The token has faced rejection once again from the trendline. Price action has gone into narrower zone for quite a time and hefty consolidation has been done. We can expect a breakout sooner for 25% gain approx. in case if bulls take the charge. Accumulation in the mentioned zone is advised for upside targets. Stop loss is always the key.
Bico is very near to its all time low , It has good market cap & limited supply , good project
in Next Bullrun it will make 100x easily. BINANCE:BICOUSDT
#BİCOUSDT
Sitting at Strong Support, Started Bounding
We Detected a Big Volume of Spike
MACD on Daily Showing Bullish
Short term Traders Can Expect 30 - 60% Profits
from This Bottom
Time 1+7 days
⚜️Type: Buy
🎚EP: 1.32-1.42
✅TP1:1.566
✅TP2:1.709
✅TP3:2.00
✅TP4:2.60
⛔️SL:1.1
if you like this position or you have any comments for it leave a comment here...
Hi dear friends, hope you are well and welcome to the new trade setup of Biconomy (BICO) with US Dollar pair.
Recently we had a nice trade of BICO
Now on a 2-hr time frame, BICO has formed 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 stuck with trade
Hi dear friends, hope you are well and welcome to the new trade setup of Biconomy (BICO) with US Dollar pair.
On 12-hr time frame, BICO has formed bullish Cypher 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.
Welcome to this quick BICO/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members welcome to BICO/USDT update by CRYPROSANDERS
As we can see from the above-mentioned chart that BICO/USDT created an inverse head and shoulder pattern and broke the neckline and currently retesting.
So here we are expecting that BICO ...
BINANCE
