BICO Technical Analysis in a Weekly Timeframe

20 ago

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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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