BICOUSDTBICO ~ 1W ✅
#BICO If you have Conviction on this coin,. Maybe you need to pay attention to this support block to start buying gradually, at least for a profit of 20%+
BICOUSDT trade ideas
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!
BICO Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
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Now, let’s dive into this chart analysis:
BICO recently hit a new all-time low at $0.1631. With the current price at $0.2497, BICO is holding the support trendline, and it's likely to bounce back if it maintains this support.
If a rebound materializes, we could see a 300%-500% rally in BICO in the coming weeks.
Note: BICO needs to maintain the support trendline to stay in the game. A weekly close below the support trendline could have negative consequences for BICO.
Key levels:
- Crucial Support/Accumulation: $0.21.
- Target: $0.97 to $1.3,
- Invalidation: A weekly close below $0.21.
DYOR, NFA.
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#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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BICO - LONG - is it an inverz Head and shoulders?The element has already accumulated.
30 min. golden cross.
The form similar than an inverz Head and shoulders (crypto is noisy enough)!
Just notice and don't forget check the TOTAL and the BTC's sentiment!
Good luck for everyone!
BICOUSDT going lower?EnF Breakout Strategy signaled SELL on BICOUSDT
See idea for breakout entry, targets and stoploss
Only enter the trade when the price breaks below entry
Check out more on the script:
To get access to this script, DM me
BICOUSDT | New High Soon?Market Context
Is BICOUSDT gearing up for a new daily high? The charts are looking promising!
Weekly Analysis
On the weekly timeframe, we've finally broken above and retested the 20 EMA—a classic signal for a move higher. With altcoin season just around the corner, BICO is poised for a significant upward move.
Strategy
I'm jumping in and longing the market now! The stars are aligning for BICO, and we could be on the brink of an exciting rally.
Let’s ride this wave to new heights!
Biconomy (BICO)On the above 4-day chart price action has corrected by 95% since January 2022. Today is great long opportunity. Why?
1) RSI and price action resistance breakout.
2) Multiple oscillators print bullish divergence across a 3-month period.
3) Seller weakness. Notice the long candle wick into seller territory?
4) Price action prints support on past resistance. Look left.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Now, don’t sit on your hands.
Return: Will say elsewhere.
#BICO/USDT is trying to hold the Diagonal Trendline in 4-Hour TF#BICO/USDT is trying to hold the Diagonal Trendline in 4-Hour TF!
OMXSTO:BICO needs to hold this level to remain bullish. If it breaks down and retests, we can short it. The local support level is PWL $0.506.
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
📈 BICOUSDT approaches resistance level.📈 BICOUSDT approaches resistance level. 🎯 potential breakout. 🚀 Stay tuned for updates! #CryptoTrading #BreakoutAlert 📊
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.
THE RETURN OF BICO Thank you for reading our update. Please keep in mind that this is not trading advice.
It appears that BICO is poised for a significant return. The upcoming period will be crucial for observing new confirmations within the given timeframe for the important target of $0,50 and up.
BICO - Bullish trendBICO USDT is trading in bullish trend as it is printing higher high and higher Lows.
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/USDT LONG#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
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.
BICOUSDT | 1W 👀Finally, I've been waiting for this moment. The price broke through the trendline resistance (historical) and settled on the daily timeframe.
Moreover, the price reached the limit support.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Biconomy. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Biconomy #Investment #BICO
