Stafi or FIS token paradoxGuys as you know that Stafi or FIS token was at a cap of around 8 million USD now it is on 30 million USD without price change so waht happened did you know definitely average public do not know, at some point Stafi increased its circulating supply with more induction of money, due to which it has not disturbed its price which is a set back for the traders as we were awaiting for more cap to increase price so who is the beneficiary definitely stafi team and back holders now they are decreasing its price gradually by liquidation so guys keep an eye on other projects as well in our eco system that when and why supply increases or its benificial for spot traders specially on Binance.
FISUSDT trade ideas
FIS/USDT-1H-BINANCEThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
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1-PULLBACK
2-FIBO 0.5
3-SUPPORT ZONE
FIS buy signal with targets We can see this buy signal today
Well this may be bullish for StaFi (short for Staking Finance)
But may be also a fakeout
So watch out - above 1.74 = bullish
StaFi—ERC20
rBridge enable you to swap FIS and rToken to ERC20, there will have many use cases on Ethereum DeFi. Being a collatoral, Lending and minting stablecoin, etc.
🆓Stafi (FIS) Oct-24 #FIS $FISFIS is having strong buying force and we can wait for a correction to the $1.7 and $1.6 zone to accumulate it for the $2, $2.4 and $2.8 targets in November. But what if it loses the 1.6$ zone, it will be very dangerous and it will fall back to the 1.4$ and 1.2$ zones
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.6$ zone
🔴Buy : 1.7 - 1.6
🔴Sell : 2 - 2.4 - 2.6
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.6$ zone
🔵Sell : 1.6
🔵Buy : 1.4 - 1.2
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Stafi (FIS) 🔥 bullish patternStafi has been in a downtrend for quite some time, which has allowed it to break free from the burnt-out indicator states.
For today, it expects to exit the falling wedge formation and start a demand zone above the small cup'n'handle
This zone should take us to a minimum of $2 at the formation of resistance at fibo 0.382
Feel free to ask a question
🆓Stafi (FIS) Sep-14 #FIS $FISBuying power has appeared at the $1.5 zone and it is moving towards the $2, $2,4 and $3 zone. But if it loses the 1.5$ zone, it will fall back to 1.2$ or even 1$
📈BUY
🔴Buy : 1.47-1.53$. SL if B
🔴Buy : 1.95-2.05$ if A. SL if B
📉SELL
🔴Sell : 1.95-2.05$. SL if A
🔴Sell : 2.34-2.46$. SL if A
🔴Sell : 2.93-3.07$. SL if A
♻️BACK-UP
🔵Sell : 1.47-1.53$ if B. SL if A
🔵Buy : 1.17-1.23$ if A. SL if B
🔵Buy : 0.975-1.025$. SL if B
❓Details
📈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 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone