As $BICO begins to stir, the window for a lucrative LONG position is swiftly narrowing.
$BICO - LONG
Entry: 0.05804
SL: 0.03253
TP1: 0.07079
TP2: 0.08355
TP3: 0.09631
⚠️ Move SL to Breakeven once TP1 is hit !!!
The current RSI reading of 63.9 on the 1H chart hints at a brewing momentum, where exhaustion could translate into a potent reversal.
On the higher timeframe, a quick glance at the 1D chart reveals that $BICO is trading above its EMA50, which keeps the overall trend bullish - essentially, our 1H LONG trade is swimming with this bullish current.
Do you think thissetup has the legs to push it higher, or is it just a fleeting opportunity?
Click here to Trade 👇
$BICO - LONG
Entry: 0.05804
SL: 0.03253
TP1: 0.07079
TP2: 0.08355
TP3: 0.09631
⚠️ Move SL to Breakeven once TP1 is hit !!!
The current RSI reading of 63.9 on the 1H chart hints at a brewing momentum, where exhaustion could translate into a potent reversal.
On the higher timeframe, a quick glance at the 1D chart reveals that $BICO is trading above its EMA50, which keeps the overall trend bullish - essentially, our 1H LONG trade is swimming with this bullish current.
Do you think thissetup has the legs to push it higher, or is it just a fleeting opportunity?
Click here to Trade 👇