FIOUSDT trade ideas
FIOUSDT - Long - Potential 32.69%FIOUSDT - Long - Potential 32.69%
Exchanges: Binance
Signal Type: Regular (Long)
Entry Targets:
1) 0.0856
Take-Profit Targets:
1) 0.0933
2) 0.1013
3) 0.1133
Stop Targets:
1) 0.0798
Entry Triggers - Sitting on strong support with bullish future pivot & bullish divergence on RSI
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
FIO Protocol Vs Tether Weekly Chart | 444% Potential ProfitsOn top of the market cycle, the market sentiment, the clear signals we see of a bullish wave developing for the Altcoins, we are going to be looking at two signals on this chart.
We have the candle from 29-Jan. which is a high wave candle at the bottom of a trend.
This candle can signal indecision (for the continuation of the downtrend) and at this point a potential change of trend (reversal signal).
The negative nine in conjuction with this candle is really strong.
After the high wave candle, we have a bullish candle and now prices are starting to move up.
We also have the BTC pair starting to grow (FIOBTC).
The week just started.
If we see FIOUSDT breaking above EMA10 ($0.1212) this week, we can easily see additional growth in the weeks to come.
On the downside, the red line on the chart is for support/stop-loss.
Namaste.
looking at buying FIOFIO Protocol is a decentralized usability layer for the entire blockchain ecosystem that is integrated into existing crypto products such as wallets, exchanges and crypto payment processors. im holding onto fio for no major reason but for the fact its low mcap and at a nice discount point for entry possible mid term 3months hold or set sell limit to catch spike... instant buy execution from this 0.156
FIOUSDT trade analysisFIOUSDT trade with big volume has potential to go up again around 23% fib level to 161% fib level to achieve 300% growth.
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🧞♀️FIO - Symmetrical triangle squeezeThe price is getting squeezed inside of the symmetrical triangle formation. If buyers manage to push the price above dynamic resistance(blue), we can expect the price to enter the zone of strong resistance(red area). If buyers fail to hold current levels we can expect the price to go back to support (green area)
The current trading range is a node of high volume, it is also where key level and 200EMA is, which given the recent sideways price action means the price is in accumulation.
Entry: buy at current price down to the lower part of the formation (blue trendline)
Targets:
0.1982
0.2419
0.2657
0.2948
0.3580
0.3994
0.4444
0.4874
0.5686
+use visible trendlines for dynamic targets
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About FIO:
FIO Protocol (FIO) is a blockchain protocol that aims to enable a better way of sending/receiving coins and tokens. The FIO token is the native utility token of the project's blockchain infrastructure, FIO Chain, and is used for transaction gas fees and on-chain governance. The FIO Chain uses a Delegated Proof-of-Stake (DPoS) to achieve network consensus. Block Producers are elected by FIO token holders via on-chain voting. Anyone can register to become a BP and produce blocks if they receive enough votes.
FIO addresses act as a human-readable wallet identifier (username@domain) for users on the FIO Protocol. The registration of a FIO Address can be done through a FIO-integrated application or through a registration site. A FIO Address has a yearly fee in FIO tokens, and is bonded with 100 free transactions.
FIO Request allows users to initiate transactions using FIO Addresses. This request is stored onchain, with metadata (e.g. currency, amount) encrypted using the Diffie-Hellman key exchange.
FIO Data is transaction metadata. This metadata can range from a free-form memo to structured data (e.g. deposit details). The team envisages FIO Data as a means to support decentralized commerce, where transactiond data (e.g. invoices, dates) can be stored on-chain. FIO Data can also include blockchain metadata, such as transaction
Source: coinmarketcap