TECHNICAL ANALYSIS $BICO - The whales are waking up after a long hibernation
Status & Technique: Trading at 0.039 USD (+100% in a day), officially breaking out of the accumulation zone that lasted several months (0.018–0.022 USD). The H4 chart has set up a complete bullish structure with the MA7 > MA25 > MA99 stacking.
Cash Flow: Volume has exploded over 1.1 billion USD (the highest since the beginning of the year).
Liquidation Map: Longs are concentrated at the 0.03 USD mark; a dense Short wall is sitting at 0.045 – 0.05 USD.
Scenario: If the Bulls successfully push the price above the resistance level of 0.045 USD, BICO will extend its growth towards the 0.055 – 0.06 USD range.
Status & Technique: Trading at 0.039 USD (+100% in a day), officially breaking out of the accumulation zone that lasted several months (0.018–0.022 USD). The H4 chart has set up a complete bullish structure with the MA7 > MA25 > MA99 stacking.
Cash Flow: Volume has exploded over 1.1 billion USD (the highest since the beginning of the year).
Liquidation Map: Longs are concentrated at the 0.03 USD mark; a dense Short wall is sitting at 0.045 – 0.05 USD.
Scenario: If the Bulls successfully push the price above the resistance level of 0.045 USD, BICO will extend its growth towards the 0.055 – 0.06 USD range.