Biconomy (BICOUSDT)Currently forming a Cup Handle pattern with Divergence in RSI.
Accumulate BICO between ranges 1.30-1.10.
IF you want to Put Stop Loss; SL will be at 0.999.
SELLING TARGET 1: 1.56 ,
TARGET 2: 1.80 ,
TARGET 3: 2.30 .
Biconomy
Biconomy (BICO) formed bullish Cypher for upto 19.5% moveHi 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.
Bico is now ready for action. Supertrend buy signal.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.
#BICO/USDT 2HOUR UPDATE BY CRYPTOSANDERSWelcome 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 can rally for 12% - 15%. Here we can take entry to the green zone.
If it retests then the green zone will be the zone to go long for the long term at spot or low leverage.
entry:-CMP and ADD MORE AT $1.64
target:-10% to 15%
stop-loss:-$1.55
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
BICO have a strange angle. If it gets noticed. 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/BTC This alt could give us 350%+ profit in few weeks.Thank you for coming by to this chart.
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Let's get to the chart!
BICO is trying to break out the accumulation zone.
It has been trading inside this falling wedge channel for the last 100 days!
The volume is good. Multiple indicators p [pointing towards a possible breakout.
Already broke out in LTF charts. Once dominance gets rejected from the resistance trendline (Check my BTC.D Chart)
This altcoin is likely to explode.
ENTRY:- 308 to 355
Targets:-
494
545
687
791
1071
1277
1386
1495
Stop Loss:- 276 sats.
This is a low-risk trade with an utterly high reward.
But do your own research before taking this trade.
I am not a financial advisor.
Thank you
#PEACE
Biconomy Highest Volume EverThis chart for Biconomy (BICOUSDT) is definitely young but we have the highest volume ever on today's candle... One of the strongest signals one can come around.
Prices corrected all the way down to 1.618 Fib. retracement level on a hammer, which can tell us that a reversal can easily take place next.
Additional details on the chart.
Namaste.
Bico potentialim not 100% sure about if bico is ready yet. but it looks to have broken out, we will have to see how it plays. be careful just incase and do no leverage or very low if you decide to take this trade and ofc DYOR.
Biconomy Up :)Glad it's on Coinbase now maybe it can get more exposure so far it seems to be working... Slow long build up not certain where it will end up but looking positive!
Biconomy building up "slowly"Biconomy a newer edition on Coinbase is worth way more than what its currently at so, lets see if it can get back up there :) Its been lagging until now I can see it starting to build RSI rising MACD soon to be bullish ...
BICO - great "outside of Top 100" pickBiconomy is a multichain relayer protocol that aims to improve the user onboarding and transaction experience on decentralized applications (DApps). The project’s declared goal is to make web3 products as intuitive and easy to use as web2 products.
One of my favourite pick outside of Top 100 (350 000 000 million market cap), but I don't think you will see it there in few months (maybe weeks).
Project is on market since 01/2021 and it went through all the stages of new coins. Strong pump, dump, capitulation, accumulation and gently recovery before next strong move.
When it comes to availability on CEX, it is great! Over 30 exchanges and almost all major one did list BICO (Binance, Coinbase, FTX, ByBit, Huobi, etc.)
BICO is currently 75% down from ATH.
They are backed by some big crypto funds like: Coinbase Ventures Portfolio, Binance Labs Potfolio, Fenbushi Capital Portfolio, etc. Visit their site for more.
Community is also very active on telegram and twitter which is good sign too.
On chart you can see support/resistance zones. Zoom out to see full price action.
Just to reach 0.618 retracement from ATH, gain from current price level would be 190%!
I started buying at approx. 4.5$ and continued to buy every dip as current one. I like risk/reward ratio at current price level.
Bitcoin to new high of $75,000?Some have been saying that Bitcoin still has downside to $42,000 or $35,000
but maybe it has already found support at $50,000
the indicators at least appear to support a return to new highs.
BICO bullish swing trade for mefirst target for me is $14, then I will reenter at $10, then I will HODL to $50.
