#BICO has formed a descending triangle on the daily timeframe.
📌 Consider buying at the current price and near the support level at $0.1051.
In case of a breakout above the triangle resistance and the daily SMA200, the potential upside targets are:
🎯 $0.1323
🎯 $0.1666
🎯 $0.1943
🎯 $0.2220
🎯 $0.2615
⚠️ As always, use a tight stop-loss and apply proper risk management.
📌 Consider buying at the current price and near the support level at $0.1051.
In case of a breakout above the triangle resistance and the daily SMA200, the potential upside targets are:
🎯 $0.1323
🎯 $0.1666
🎯 $0.1943
🎯 $0.2220
🎯 $0.2615
⚠️ As always, use a tight stop-loss and apply proper risk management.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.