$BICO had a huge push through the ichimoku red cloud, breaking the 0.25 frame 1D resistance. But if to maintain the uptrend, we need to retest the 0.25 area, which is now new support. Is the uptrend stable and maintained or is it just quick pumps? The RSI index and money flow have both reached the overbought zone.
Personally, I think the price will return to the 0.25 area or below. Now watch the entry to short!! Need to wait for more specific signals.
The above are just personal shares and not investment advice.
