Hello everyone, I’m Cryptorphic. I’ve been sharing insightful charts and analysis for the past seven years.
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Now, let’s dive into this chart analysis:
BICO recently hit a new all-time low at $0.1631. With the current price at $0.2497, BICO is holding the support trendline, and it's likely to bounce back if it maintains this support.
If a rebound materializes, we could see a 300%-500% rally in BICO in the coming weeks.
Note: BICO needs to maintain the support trendline to stay in the game. A weekly close below the support trendline could have negative consequences for BICO.
Key levels:
- Crucial Support/Accumulation: $0.21. - Target: $0.97 to $1.3, - Invalidation: A weekly close below $0.21.
DYOR, NFA.
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