After my entry, $BICO continued moving upwards, so I’ll admit it wasn’t the best entry. 👀
However, take a look at the higher timeframes.
The market is very much overbought, which is an important signal.
It suggests that buyers are about to capitulate, and sellers are about to regain control.
I’m continuing to hold the position and looking for a move lower as sellers build momentum 🤫
However, take a look at the higher timeframes.
The market is very much overbought, which is an important signal.
It suggests that buyers are about to capitulate, and sellers are about to regain control.
I’m continuing to hold the position and looking for a move lower as sellers build momentum 🤫