$BICO
everyone looking at BICO's 24h chart and seeing +41.99% thinks its too late to enter, but the actual structure shows more room if it holds current support.
average trader: sees green candles, fomos in at the top near 0.0598, gets caught in the pullback, panic sells near 0.0586.
my plan: BICO sitting at 0.05874 right now, just pulled back from the 0.05978 high. order book leaning sell-side, 58.66% vs 41.34% buy, so some short-term pressure still there. watching the 0.05797-0.05862 zone as the real support before adding.
buy zone: 0.0575-0.0586
target 1: 0.0598
target 2: 0.0638 (24h high)
stop loss: 0.0568
7 day chart up 402%, 30 day up 325%, so this is a strong trend overall, just letting the current pullback settle before sizing in rather than chasing the wick.
everyone looking at BICO's 24h chart and seeing +41.99% thinks its too late to enter, but the actual structure shows more room if it holds current support.
average trader: sees green candles, fomos in at the top near 0.0598, gets caught in the pullback, panic sells near 0.0586.
my plan: BICO sitting at 0.05874 right now, just pulled back from the 0.05978 high. order book leaning sell-side, 58.66% vs 41.34% buy, so some short-term pressure still there. watching the 0.05797-0.05862 zone as the real support before adding.
buy zone: 0.0575-0.0586
target 1: 0.0598
target 2: 0.0638 (24h high)
stop loss: 0.0568
7 day chart up 402%, 30 day up 325%, so this is a strong trend overall, just letting the current pullback settle before sizing in rather than chasing the wick.