FORM about to 5x on KUCOIN THIS IS NOT FINANCIAL ADVICE
BLACK LINES are support.
RED LINES are resistance.
BLUE LINES are trends.
TRADE IDEA:
Price just moved above the 205 ema on the 3 day chart and is looking to start breaking upwards in a reversal of trends.
FUNDAMENTALLY
The Risk Parity Protocol from Formation Fi is a cross-chain decentralized asset management system designed to bring maturity and stability to DeFi by allowing users to quickly create highly diversified portfolios tailored to individual risk preferences.
A set of tokenized, algorithmically rebasing indexes provide an open and democratized approach to constructing a risk-adjusted portfolio of crypto assets. Users hold a bespoke combination of index tokens which represent different assets across multiple chains, reducing risk and saving both time and money.
Compared to naive DeFi strategies focused on maximizing APY, the Risk Parity Protocol can produce the same or better yield with less overall risk.
The entire protocol is overseen by the $FORM token, a triple-utility token which provides profit-sharing, governance, and helps grow the DeFi ecosystem by harnessing the wisdom of the crowd to identify and fund the most promising projects.
Formationfi
Trading Signal For FORMUSDT FormationFiTrading Setup:
A Trading Signal is seen in the FORMUSDT FormationFi
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.260
⭕️SL @ 0.000260
🔵TP1 @ 0.005996
🔵TP2 @ 0.0114
🔵TP3 @ 0.0249
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
$FORM Formation Fi is about to correct nicelywell, patience is key
this coin might look rugged but the team behind it is really good.
This might be a good pullback to eat.
Formation Fi Ready to move up . 🚩🚩🚩First entry: Now around 0.20 and 0.21 🏁
Target 1 : 0.28
Target 2 : 0.43
Target 3 : 0.59
