FIO has shown some very decent bullish price action over the last week or so. With a lot of crypto's booming at the moment, plus the increased volatility in FIO I think we will see some strong gains soon like we got in late February. Of course, +200% is not very reasonable, but the targets I've placed are well within reach.
Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows. Do your own due diligence.
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