$BICO SHORT
🏁 Entry: 0.02771$
🎯 Take Profit 1: 0.02726664$
🎯 Take Profit 2: 0.02637992$
🎯 Take Profit 3: 0.0254932$
🎯 Take Profit 4: 0.0238306$
🎯 Take Profit 5: 0.016626$
❌ Stop-loss: 0.02892924$
📈 RSI14: m1 29.9 • m5 35.7 • m15 49.2 • m30 59.1
📊 VOL: m1 $872.7K • m5 $2.5M • m15 $4.9M • m30 $4.8M
🧲 OI: now $8.8M • 5m +0.6% • 15m -1.7% • 30m +0.2%
The asset metrics show an interesting picture: RSI on minute timeframes has dropped to 29.9 while volumes remain stable on m15 at 4.9M and open interest is around 8.8M with a slight positive on the 30-minute interval. Sellers are clearly holding the pressure, using local bursts of activity to continue the downward move, although oversold conditions on the lower chart increase the risk of a short-term technical bounce before further decline.
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#BICO #ZEC #Bitcoin 📈
$BICO
🏁 Entry: 0.02771$
🎯 Take Profit 1: 0.02726664$
🎯 Take Profit 2: 0.02637992$
🎯 Take Profit 3: 0.0254932$
🎯 Take Profit 4: 0.0238306$
🎯 Take Profit 5: 0.016626$
❌ Stop-loss: 0.02892924$
📈 RSI14: m1 29.9 • m5 35.7 • m15 49.2 • m30 59.1
📊 VOL: m1 $872.7K • m5 $2.5M • m15 $4.9M • m30 $4.8M
🧲 OI: now $8.8M • 5m +0.6% • 15m -1.7% • 30m +0.2%
The asset metrics show an interesting picture: RSI on minute timeframes has dropped to 29.9 while volumes remain stable on m15 at 4.9M and open interest is around 8.8M with a slight positive on the 30-minute interval. Sellers are clearly holding the pressure, using local bursts of activity to continue the downward move, although oversold conditions on the lower chart increase the risk of a short-term technical bounce before further decline.
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#BICO #ZEC #Bitcoin 📈
$BICO
