Biconomy (BICO)

👺

Biconomy going up again
If daily closing above 0.045 then super bullish $BICO

If you have PAASH holdings
KEEP PATIENCE. https://t.co/2p4aSSe3a9

A lot of people are asking why I'm looking at $BICO here.

Simple.

The rally was strong, but the move started getting a little too crowded near the highs. After pushing above 60% from the accumulation zone, buyers finally ran into heavy selling and price got rejected hard.

When a coin moves that fast, I don't like chasing it.

I'd rather wait for the market to cool off and let the late buyers get shaken out first.

That's why I'm watching for a short-term pullback before thinking about a bigger long position.

📍 Short: 0.034 - 0.038
🛑 0.042

🎯 0.0300
🎯 0.0275
🎯 0.0235
🎯 0.0205

The funny thing is I'm actually bullish on $BICO longer term.

I just think the next good buying opportunity may come after a healthy correction, not after a vertical pump.

Sometimes the best way to buy a coin is to wait for everyone else to stop talking about it.

Sharing via @coinexcreators

#BICO #CoinEx