FIOUSDT | Massive Upside PotentialI want to get involved in fiousdt as a long-term investor, but I also want the price to give a reasonable place to enter.
The green box is the area where the price may retest on the daily chart, but we can see that cryptos do not give these retests in many cases.
Therefore, if there is an upward break in the low time intervals, I will take entries from the retests there.
The green box is worth waiting for as the old high and demand zones, and the 41 cent and 30 cent zones are also worth waiting for. Don't get fooled by buying large amounts quickly. Crypto is a market that gives big corrections as well as extremely fast rises.
If you buy the levels you planned in advance on the days when everyone says the bull market is over and you have plans in case it falls even further, then you have done well. The only help I can give you is to provide these levels professionally, you can see examples of this below.
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Fiobtclong
$FIO/#BTC [#FIO Protocol]: BBand_Breakout Resistance_Breakout_CoHey traders, we've identified bullish signals on the $FIO / $BTC chart through the detection of both a Bollinger Band breakout and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.00000181 | 0.00000198 | 0.00000233 and the major support zones are at 0.00000146 | 0.00000128 | 0.00000093. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
Technical Metrics :
Current price: 0.00000175
24H Volume: 12.4347 Ƀ
24H Price change: 5.422%
- Pivot Points - Levels :
Resistance: 0.00000181 | 0.00000198 | 0.00000233
Support: 0.00000146 | 0.00000128 | 0.00000093
Indicators recommandation :
Oscillators: NEUTRAL
Moving Averages: STRONG_BUY
Technical Indicators Summary : STRONG_BUY
- In-depth FIOBTC technical analysis on > Tradingview TA page
What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
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FIO/BTC (Potential Trading Plan)BINANCE: FIOBTC
-FIO is trading on a downtrend after breaking the support at 2200 sat range
-I have drawn a potential triangle pattern where we can see the trading scenarios
-There are 3 options to trade this setup with aggressive entries and conservative position
-Buying at local support/major support or Buy with momentum breakout of trendline resistance
-All depends on your trading risk appetite how you will approach this market
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^Not Financial Advice
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