BICO
Biconomy | BICO show a nice divergence coming to end of wedgeBiconomy | BICO show a nice divergence coming to end of wedge
Looking like we are nearing the end of a larger descending wedge, it is still slightly uncertain times with BTC so further drop is definitely possible, a little extra room has been given on the stop-loss to accommodate .
| Descending wedge in play
| Untested weekly pivot
| Potential resistance at the 20 D.EMA
| A little extra given for stop-loss below the end of the wedge in case of further BTC breakdown
| Breakout of descending CVD trendline
| Bullish Divergence in oversold territory
Biconomy (BICO) formed bullish Gartley for upto 35.50% pumpHi 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 the stop loss, and don't get stuck with trade
NEXT LEVEL TO WATCH FOR BICO🚀🚀💰🚀🚀💰🚀🚀💰🚀🚀💰🚀🚀💰🚀🚀💰Very nice patterns are drawn by the BICo. Long again from here chances for another breakout!!!
#BICO/BTC Biconomy: Resistance_Breakout_+_ConfirmationWe'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.
Bico capitulation or pump? BINANCE:BICOUSDT
Lets take a look on Biconomy chart, are we one step to capitulation or ready for massive pump?
✅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 by lines since drop in April. Bico strong hold 0 level and grab all stop losses who opened longs in May at the bottom
➡️The same day got Strong Buy signal on Trade ON indicator. Positive signal
➡️In next days strong signal to buy on Direction indicator (confirmation)
➡️1st resistance we can find out at 0.38 level by fib
➡️Strong Short I think we can see at 1.34-1.41 maybe with wicks
➡️Not now but this is targets for next 2-3 months
➡️Capitulation zones is like usual -0.18 level by fib and -0.27 and forming lower low since listing on Binance
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
* Look at my ideas about interesting altcoins in the related section down below ↓
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May the 50 day moving average shine upon you!Traders,
In this video I discuss all of the normies: Bitcoin, the dollar, the vix, us oil, SNP (spy) and we'll cover some altcoins. Plus, we talk briefly about FTX.us trading stocks, the Solana hack, and I'll show you a few of the indicators I am eyeing up before entering a trade this week.
Stew
A list of altcoins that I am currently eyeing up can be found here :
www.tradingview.com
BICOUSDT |Potential project for a bull market|Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌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 to technical analysis, an ascending triangle pattern has formed on 4H, which the price has already been able to break through, I expect continued growth to the local zone of $0.7 per coin.
💡I also want to say a few words about #btc, in the ideal scenario I expect consolidation at the level of 23.200 and after that there will be a strong upward impulse, also pay attention to the false breakdown of $22.800, I think it was a false takeaway before the growth of $25.000
Write your comments what do you think about this?👇
BICOUSDT |Interesting coin review|Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
-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 to technical analysis, an ascending triangle pattern has formed on 4H, which the price has already been able to break through, I expect continued growth to the local zone of $0.7 per coin.
BICO/USDT : Bullish presignal from RSI & EMABICO/USDT : Bullish presignal from RSI & EMA
We are focus on the fact the market already shaped 5 wave Elliot down calling for a recovery in common part - this scenario is reinforced with the RSI indicators reintegrating positive area above 50% + EMA acting as support now
Key element to watch =>
- 1,75 as confirmation level to bypassed to triggered a clear bullish signal and invalidate any downside risk opening 2,15 short-term before 4,30 long-term
- 1,15 is the key support to watch to buy any dips to play this scenario
Confidence is high to see a laarger recovery
Enjoy
BICO#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
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