#BICO(SPOT) entry range( 0.1900- 0.2390) T.(0.6399) SL(0.1790)BINANCE:BICOUSDT
entry range (0.1900- 0.2390)
Target1 (0.3899) - Target2 (0.6399)
1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (0.1790)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO ****
BICO
#BICO/USDT#BICO
The price is moving in a descending channel on a 1-day frame and sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.1676
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.2170
First target 0.2555
Second target 0.3027
Third target 0.3628
BICO's Situation: What Shall we Expect !!!BINANCE:BICOUSDT
BICONOMY hit a new ATL at $0.163, and now holding at $0.230 above the support zone
If support holds, we could see a potential 300%-500% rally in coming months ,Targets: $0.98 to $1.3 .
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!
#BICOUSDT Ready for Bullish Breakout from Descending ChannelYello Paradisers, could #BICO be gearing up for a breakout or further downward movement? Let's look at the latest analysis of #BICOUSDT:
💎#BICO is currently trading within a descending channel, but it’s nearing a key demand zone that could ignite a significant move. We’re eyeing a potential bullish breakout from this pattern.
💎#Biconomy ( OMXSTO:BICO ) has been sticking to a descending resistance line, but the price is inching closer to a crucial demand level at $0.20–$0.22. This zone could be a game-changer. If the price taps into this level and gains momentum, a bullish breakout could be on the horizon.
💎A break above the descending resistance could propel #BICOUSDT toward the major supply area at $0.49. This is a critical zone—if we see a successful breach, expect a strong bullish move targeting the next resistance zone.
💎However, we must stay cautious. If #BICO fails to sustain momentum and gets rejected at the supply area, the price could pull back. A bullish rebound might occur from the lower strong support at $0.178.
💎But be aware—if OMXSTO:BICO drops below this level, it could signal a prolonged bearish trend, keeping the price trapped within the descending channel.
The market can turn quickly, and those who are disciplined will be the ones to capitalize.
MyCryptoParadise
iFeel the success🌴
BICO targets for 2023BINANCE:BICOUSDT
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you.
Possible Targets and explanation idea
➡️Fib relevant. Always when we under 0.27 zone its time for accumulation
➡️We are in accumulation stage over 296 days
➡️Most crucial level from sellers at 0.56
➡️To reach 0.23lvl we need to see with current circulation supply 2.76 B market cap.
➡️First target 3.17 its a weekly imb
➡️Draw white line theory when we will see resistance and form downtrend line.
➡️Hard to say about timing but most likely we will see drop again around September
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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BICOUSDT.4HBICO/USDT 4-hour chart, several critical technical indicators and levels stand out, providing insights into potential price movements.
Trend and Resistance Analysis:
The chart shows that Biconomy (BICO) has been experiencing some volatility, with the current price around 0.5710 USD. The price is currently attempting to break above the immediate resistance level marked as R1, around 0.5966 USD. A successful breakout above this level could lead the price to test the next significant resistance at R2, which is around 0.7554 USD. The recent upward movement suggests increasing bullish sentiment.
Support Levels:
On the downside, the primary support level is identified as S1 at 0.3904 USD. This level has shown strong buying interest previously and could act as a floor if the price starts to decline. Below S1, the next significant support level is at 0.3448 USD, which has been a critical support zone in the past.
Volume Analysis:
The volume pattern indicates that the recent price increases were accompanied by substantial trading volume, reinforcing the bullish sentiment. High volume on price increases typically suggests strong market participation and confidence in the upward trend.
Conclusion:
In conclusion, the BICO/USDT pair is currently showing signs of a potential bullish breakout if it manages to stay above the R1 resistance level. The key resistance levels to watch are 0.5966 USD and 0.7554 USD. A break above these levels would confirm continued bullish momentum. On the downside, the support levels at 0.3904 USD and 0.3448 USD are critical for maintaining the bullish outlook. A failure to hold these support levels could lead to a deeper retracement.
Overall, the market sentiment for BICO remains optimistic, with critical attention needed at the aforementioned levels and indicators to make informed trading decisions.
BICO ANALYSIS (12H)BICO appears to be inside a diametric or large expansion triangle. For wave e is pumping.
The targets are clear on the chart.
Touching the invalidation level will cause the analysis to be violated
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BICONOMY (BICO)Biconomy (BICO) is a multi-chain infrastructure platform aimed at simplifying the user experience in decentralized applications (DApps) by enabling gas-efficient transactions and improving interaction between blockchain infrastructures. This platform addresses the complexities of transactional processes on the blockchain, thereby enhancing usability and accessibility for both developers and end-users.
Currently, the price of Biconomy (BICO) is $0.44 with a 24-hour trading volume of $25 million. BICO has experienced a surge of 22% in the last 24 hours, which signals strong investor interest and confidence in its multi-chain transaction solutions.
Given Biconomy's role in facilitating seamless blockchain interactions and its impressive recent price performance, the next potential price targets for BICO might be set at $0.70, $0.80, $0.90 and $1.20. Traders could consider initiating positions at the current level. This trade idea is based on the anticipation of continued growth in demand for user-friendly blockchain interaction solutions, with Biconomy well-positioned to benefit from this trend.
BICO LOOKS BULLISHA 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 and then change the stop to entry
Comment if you have any questions
Thank You
BICO BICONOMYBullish on BICO (Account Abstraction).
BICO has formed a cup and handle as well as an inverted head and shoulders, which is very powerful for an uptrend.
Moreover, the Ichimoku cloud has been penetrated, and the weekly candle will be the first since the beginning to close above it.
BICO/USDT Ready for a Bullish Momentum? 👀🚀 BICO Analysis💎 Paradisers, focus your attention on BICOUSDT for a promising trading opportunity. The asset has recently emerged from a descending channel, indicating a potential rise from an important support level.
💎 In recent weeks, Biconomy has consistently followed its channel pattern. Now, having hit the critical internal support at 0.1916, there's a heightened chance of a bullish reversal, potentially leading to a channel breakout.
💎 This positive trend is further supported by VRVP analysis, which suggests that historically, reaching key support levels typically triggers strong bullish movements. Should this bullish momentum continue, BICO could be targeting resistance levels around $0.4820.
💎 Nonetheless, keeping a close eye on BICO's movements is crucial. Falling below the current support level of $0.2690 would call for a crucial reassessment of our trading strategy. Such a drop could indicate a challenge to the bullish trend's continuity, calling for strategic adaptations to align with market changes.
💎 Maintain your vigilance and readiness, Paradisers. Your ParadiseTeam is committed to providing thorough analyses and strategic insights, ensuring that you navigate the market landscape with expertise and confidence.
Long Bico to .32 CentsHappy Thanksgiving American Friends. I still do expect a holiday weekend pump though we have not gotten as much of a pullback as I had expected to precede this expected pump. For this reason, I have been picking altcoins to go long on that have either not pumped hard yet or have found good support and still have targets to reach.
One such coin appears to be BICO. Though it did spike upwards and wicked into the target area that I had drawn for this inverse Head and Shoulders pattern several months ago, I expect coins to remain in that target area once reached for at least a few days before dropping or proceeding further. For this reason, I think BICO will move towards this target area yet again.
Additional incentives for entering here include the facts that:
It has found good support on a big area of confluence which include the 200 day sma, the 50 day sma, and the neckline of the inverse h&s
It has also found its support on the RSI which acts both as support and shows us some hidden bullish divergence from origin of the trendline
I have entered BICO at .2572 with a target of .32, a SL of .23 and a r/r ratio of 2.2
None of this should be construed at fin advice. This is all for your entertainment.
Best,
Stewdamus
In the descending ceiling and little possibility of growthIn this analysis, we had a comprehensive look at BICO currency in 4-hour and hourly time.
This currency is in a falling trend, but it has reached the limit of this trend. It is possible for this currency to fail and leave the downward channel, but we still do not see any positive reaction in this currency.
Therefore, there is a possibility of 12% growth in 4 hours up to the resistance range.
And after that, we have to wait for the strength of this currency in dealing with the resistance, in case the resistance breaks and stabilizes on it, we can update this analysis.
In the time of one hour, there is a possibility of a slight drop and after that it will grow up to the ceiling of the channel.
BICO/USDT bullish journey? 👀 🚀 BICO Today analysis💎 Paradisers, brace yourselves for a potential venture with BICOUSDT. Currently, it's navigating within a demand zone, signaling a heightened likelihood of a bullish trajectory.
💎 A notable observation is its recent break from a descending trendline, propelling it into an upward movement. At this juncture, the asset is rejuvenating its bullish momentum. The odds are leaning towards a bullish surge.
💎 If this momentum persists, the initial expectation is for the asset to challenge the supply zone. A successful breach of this zone amplifies the chances of targeting an even stronger supply level above.
💎Conversely, should the asset face resistance and not sustain its current momentum, there's a probability of a bullish continuation from the .2116 level. However, a descent below this threshold might prompt the price to revisit the previously broken trendline.
BICO/BTC - Biconomy: Failure_Swing◳◱ 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 may consider buying at the current price zone of 0.00000732 and targetting higher levels.
◰◲ General info :
▣ Name: Biconomy
▣ Rank: 207
▣ Exchanges: Binance, Hitbtc
▣ Category/Sector: N/A
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000732 ₿
▣ 24HVol: 0.796 ₿
▣ 24H Chng: 2.954%
▣ 7-Days Chng: 0.84%
▣ 1-Month Chng: -0.52%
▣ 3-Months Chng: -10.07%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000815 | 0.0000085 | 0.00000921
◢ Support: 0.00000744 | 0.00000708 | 0.00000637
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: 0.55
▣ Last 90D: -0.24
▣ Last 1-Y: -0.32
▣ Last 3-Y: -0.54
◲◰ Volatility :
▣ Last 30D: 1.04
▣ Last 90D: 0.87
▣ Last 1-Y: 0.93
▣ Last 3-Y: 1.54
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth BICOBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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BICOUSD Massive pump but buy on the next pullbackBICOUSD is having a strong push that naturally turned the 1D technical outlook overbought (RSI = 75.371, MACD = 0.002, ADX = 39.812). By doing so it hit the 1D MA200 for the first time in almost five months. We are not buying into this pump yet as the 1W MA50 looms (rejected the April 8th high) as well as the Resistance Zone. The 1D MACD is below 0, suggesting that there is still high upside potential, so we will buy after a rejection near 0.2500 and target the top of the Falling Wedge (TP = 0.3500).
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LINK: About to reach a year-long resistanceIn this chart, BINANCE:LINKUSDT is inching closer to a critical level wherein the coin is about to touch a year-long resistance line dating back to June 2022. The highlights shown are the instances of the price breakout rejection, making it the strongest resistance for the year.
In my view, a breakout is possible if we see a candle confirmation along with a good buy volume and other indicators continue showing bullishness of the coin.
What should we do then if it breaks out? Identify your nearest support. I would do the process by backtesting as well as plotting retracements, and presented in horizontal lines are the potential resistance lines based on mentioned processes, a given of which is the Fibonacci retracement of .382 level from its all-time high (ATH) to its low level of approximate $7.60.
On the other hand, a rejection could happen based on the RSI being near the overbought territory, an indication of potential selling. For visual reference, check the vertical line on the July 2022 price.
Should you trade this coin now? You could do a scalp if you have the setup, scalp long for me since the trend is still upwards. For intraday traders like me, I would wait until it hits on the resistance line or common support breakdown.
Always have a plan whenever trading by identifying our take profit areas and stop loss. Happy trading!