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 trade ideas
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
BICOUSDT Lets goBICO USDT looks like its taking its turn to pop.
Aiming for a monthly imbalance which lines up with the TR pocket.
Lets see how this develops.
Im in the trade, my entry shown on the chart.
Im a novice trader and this is my trade plan, I hope you might take inspiration from this or point out my faults.
I wouldn't be following my trades so DYOR
Bicousdt Buy opportunityBicousdt has recently broken out of a downtrend, surging past the upper trendline of a wedge pattern. Upon closer examination, the coin reveals a Cup & Handle formation, aligning well with a bullish reversal outlook. We've identified a favorable re-accumulation area, with the buy-back zone serving as a crucial demand area to monitor closely.
The setup targets have been indicated on the chart, with a reminder to adhere to the provided stop-loss levels in case of unexpected developments.
We welcome your insights on this coin and appreciate your support with likes. Thank you.
#BICO/USDT - Long - Potential 30.1%Strategy: Long
Exchange: BINANCE
Account: Spot
Entry mode: Market order in range
Invest: 5%
Exit:
• ⎿ Target 2 : 0.6276 29.43%
• ⎿ Target 1 : 0.5065 4.45%
Entry: 0.4849 ⌁ 0.4849
• ⎿ Current market price: 0.4853
Stop: 0.4357 (-10.15%)
Technical indicators:
Key resistance break at 4738, big RSI momentum and volume
• ⎿ 24h Volume: 19861630.941609
• ⎿ Satoshis: 0.4849
• ⎿ Analysis: TradingView
BICOUSDT: Bullish Trend (LONG)BICOUSDT.P is in bullish trend and also forming bullish divergance on 1hr time frame and also break the nick line so we can take a long on market price.
BICOUSDT - BULLISH OUTLOOKBICOUSDT is indicating a bullish divergence on the 1H timeframe, suggesting a potential reversal. With the breakout above the lower high and the formation of a higher high, bullish momentum is anticipated. Entry at the current price with a stop loss of $0.3320 is recommended. TP1 is set at $0.3650 and TP2 at $0.38, aiming for a 1:1 and 1:2 risk-reward ratio respectively. Consider adjusting the stop loss to break even after reaching TP1.
Technical Analysis: BICOUSDT
Timeframe: 1-hour (1H)
Signal: Bullish Divergence
Current Price: $0.35
Entry: Instant @ $0.35
Stop Loss: @ $0.3320
Take Profit (TP):
TP1: $0.3650 (1:1 Risk-Reward Ratio)
TP2: $0.38 (1:2 Risk-Reward Ratio)
Trade Management: Adjust Stop Loss to Breakeven after reaching TP1
BICOUSDT.PBICOUSDT.P is in bearish trend.
Printing LH and LL.
Inverse Cup and handle continuation also form this will show that trend will further goes down.
We wait and watch for the breakout of cup Pattern.
BICO Looking greatBICO is bouncing on major trendline, and it looks like it's holding well. I expect a little bounce from there touching at least major resistance trendline. There we will see if we can break and continue the pump or drop again till support.
BICOUSDT.PBICOUSDT.P is in bearish trend.
Bullish divergence also shown in RSI.
Falling wedge reversa pattern also form.
we wait and watch for the breakout of last LH.
bico buy for bullrun 0.26 , 0.20time to buy bico for longterm on 0.26 , 0.20 , sooner or later it is going to hit our buy ranges..
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.
BICO superbOur BICO strategy was superb both long and short have perfect entries. Now waiting to touch that green line to close the trade. DYOR
bico to reach 0.44i am expecting bico to reach at 0.44 simple support & resistance ,
bico is bullrun giant coin
$BicoApproaching a Potential Significant Upsurge, Examining the Descending Channel Trendline; Upon Breakout, Anticipating a Bullish Wave of 150-200%
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.
BICOUSDT"As we enter the bullish season, the initial target to aim for is
target : 4.0 🎯.
This is based on a combination of technical analysis indicators and market trends.
However, it's important to approach trading with caution and adapt to changing market
conditions.
Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market.
Remember to use proper risk management techniques and consider setting profit targets along the way.
Happy trading!"
Long BICOUSDTThe bullish momentum continues, the price tested support zone 0.2980 and bounced.
Buyers will remain in charge above 0.2440.
Buy at 0.2980
SL 0.2440
TP 0.352
BICO/USDT - Bullish Flagif break after retest previous high
1: continue up trend
2: break bullish flag
Target 200 MA
BICO BullishBico is bullish.. Long from here. At least 120- 250% increase in the coming days. So strong and it recovered immediately.
