Firo
THE SLEEPING GIANT #FIRO $FIROFiro (FIRO), formerly known as Zcoin, is a cryptocurrency that focuses on being private digital cash. It created the Lelantus privacy protocol which allows users to burn their coins and redeem them later for brand new ones that do not have any transaction history.
Their latest ROADMAP :
ProgPoW ( FiroPoW ) & InstantSend Will be launched on 26 oct 2021
Elysium (in progress)
Mobile Wallet (in progress)
Integration with many DEX
Collaboration with Panther Protocol
Lelantus Spark Privacy Protocol ( XMR are looking for it ) will be released next year.
the last ATH is around 120-140$. this coin is very very undervalued.
FIRO A MILLIONAIRE TRADE!FIRO is a trade for the long term, it went into a bear market in 2018 and has not recovered like all the other projects.
It recently came out of the bear market cycle, it is retracing to the trendline broken as Resistance and ready to claim as Support.
Long term this token could reach $1000.
I will keep you updated on my trade, NFA.
Safe Trading.
FIRO - about to start a major bull cycleLooks like this is the final leg of capitulation on $FIRO. the team has been steadily developing for several years regardless of price action. They have now developed some of the best privacy technology is the space and have increased their security and learned from their faults. I think this coin has very limited downside risk potential now at its current price level and has insane upside potential. This coin has been in an accumulation range for 3.25 years now. I expect this to come to an end in the coming weeks and for a major reversal on market structure. Very excited to see FIRO start its first major bull market.
FIROUSDT🌟Zcoin is rebranded as FIRO
🌟this alt has lost a lot of its value compare to its all time height
🌟at lower time frames you can see the bearish trend lines are break and the pullback to it is completed clearly so there is a spot for entering position
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FIRO is preparring to take off. 20x possibilitiesIf there's possibilities of BTC going bull run until 2022, there's possible to FIRO starting to moon based on historical pattern data. Fib trend based timezone used. once FIRO breakout this is gonna be huge. Firo lelentus update also not being played yet too, Not financial advice
FIROWhat Is Firo (FIRO)?
Firo (FIRO), formerly known as Zcoin, is a privacy-focused cryptocurrency that takes advantage of zero-knowledge proofs and allows users to destroy coins and redeem them at a later date for brand new ones without any transactional history.
In late 2014, Poramin Insom and Matthew Green wrote a paper on a cryptocurrency implementation of the Zerocoin protocol named Moneta. On September 28, 2016, Zcoin was launched by Insom with Roger Ver and Tim Lee as the initial investors.
Don't Sleep on FIROFIRO has some novel ideas for the implementation of privacy into crypto currency, some of which rival the privacy features of Monero. I think FIRO could potentially outperform Monero over the course of the next 3 years. Let's keep our eye on this one and look back at it in a year or two, maybe three.
Has firo already started the bullish trendi see a clear adam and eve bottom on the firobtc pair but this may have failed now with the recent bitcoin capitulation. will firo charge towards the lows again vs btc and tag that liquidity zone or do we recover the resistance here and get off to the races? it is hard to tell but I am curious where this goes. my bias is currently bearish on the btc pair. it looks like a rejection and we should go for the lows vs btc. posting this to come back in my journal and see where we ended up. my gut says to sell here and cover at the range lows and double down on a bullish reclaim of range lows. short to mid term bearish and macro 1-3 years bullish.
Firo (FIRO) - July 27Hello?
Welcome, traders.
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Have a nice day.
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(FIROUSDT 1W Chart)
It remains to be seen if the price can sustain above the 5.030 point.
(1D chart)
We need to see if we can move above the 4.702-5.030 section and turn into a short-term uptrend.
We need to see if we can sustain the uptrend by holding the price above the 6.421 point.
(Bittrex FIROUSD 1W Chart)
If the price holds above the 7.26571830 point, it is expected that the uptrend will continue.
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(FIROBTC 1W chart)
It remains to be seen whether the 8380 satoshi-14480 satoshi zone can find support and move above the 27690 satoshi point to turn into an uptrend.
(1D chart)
It has fallen from the 15540 Satoshi point and is entering the mid- to long-term investment area.
We'll have to see if we can find support at the 12300 Satoshi point and move up to the 15540 Satoshi-17843 Satoshi section.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
🆓Firo (FIRO) July-3 #FIRO $FIROFIRO is having a strong support at $5 and is heading towards the $7 and $9 zones in the next few days. However, if it loses this $5 zone, then $4 is a very good support to buy in
📈BUY
🔴Buy : 4.85-5.15$. SL if B
📉SELL
🔴Sell : 6.8-7.2$. SL if A
🔴Sell : 8.8-9.2$. SL if A
♻️BACK-UP
🔵Sell : 4.85-5.15$ if B. SL if A
🔵Buy : 3.9-4.1$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
FIROBTC - FIROUSDT - FIROUSD ENTRY - STL - TP on picture
TP of me . And TP of you , i don't know
You can buy more if price lower entry
" High risk scaling consider when entering orders "
Wait to entry no buy price now if price done TP2 , We cancel this order !
THIS SHITCOIN BUY 20% $ TOTAL ACCOUNT
I am fomo following the recent pump dump events
Short term Firo OutlookDepending on if the uptrend fails or holds & BTC, we could possibly see sub 8 dollars again in the upcoming days.
Inflow and accumulation is also hurting and hasnt recovered since the major dump.
Bears are keeping us pinned down even with BTC pumping. FIRO ETH is in the gutter and Im betting on some lower lows before recover within the next week or so unless btc goes moon.
FIRO/USDT Update: Nearly 50% retracement. >10x to ATHFIRO just plummeted by 50% which is a lot.
We are now back within the original rising channel and found support where we had previous resistance.
If we can bounce off we can make this one green.
FIRO still has a lot to recover since it's 2018 ATH around 125$.
For everyone that missed the previous entry, you are lucky to get another one.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
FIRO: Ascending WedgeFIRO is simply in a bullish ascending wedge right now. After a period of bottoming out it appears to be turning up. It is a low volume coin and is very volatile, which means lots of potential upside. Downside is mitigated by the fact that it is coming out of a bottoming phase, and is making an ascending wedge which is a bullish pattern. This is another one to simply buy and hold for the next BTC push.
FIRO was pinged by TIS (trading indicator software) multiple times recently, giving additional confidence in this trade.