Fiousdt
FIOUSDTFiousdt is trying to break the weekly pivot since October, and this is one crypto that tops my list of quick 100% soon.
What I am looking at here, is a 12H chart that shows a triangle pattern, which had minor breaks but nothing concrete so far thanks to BTCUSDT bearish momentum for C wave correction which is about to finish.
During this time we picked up FIOUSDT because we love the concept and the moves are pretty sturdy.
How to trade this?
Keep close watch on 1H and 4H for breakout above the triangle, or if you want to HOLD, this can give quick 30% upside to Weekly Pivoit Level where we have some resistance.
Once Weekly is crossed then it is moon for sure!
FIO Protocol FIOUSDT - Ascending and Symmetrical Triangle +1500%- FIO Protocol (FIO) - Rank 425 - is a blockchain protocol that aims to enable a better way of sending/receiving coins and tokens.
- From the technical perspective, we can see an symmetrical triangle on the daily chart.
- Also we can spot an ascending triangle, which is very bullish with the combination of the symmetrical triangle.
- Profit target is 1.618 FIB and volume is bullish!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
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FIO/USDT { FIO PROTOCOL } - BULLISH SETUPANALYSIS 🔎
- FIO/USDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.2510).
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
FIO - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow.
FIO is sitting around a strong demand zone in green so we will be looking for buy setups.
on Daily: FIO formed a valid channel in red but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again.
Trigger => Waiting for a momentum candle close above the last swing high in gray to buy.
Meanwhile, until the buy is activated, FIO would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
FIO/USDT Forming Rounded BottomRounded bottoms = parabolic upside. There are 2 potential scenarios I can see happening here - either we get a pullback to the support curve and continue forming the rounded bottom, or we start to break up early. If we start breaking up early, don't buy until we break that golden pocket otherwise you will most likely find yourself at a loss until the pattern takes off. Golden pocket is very strong resistance - don't expect to break thru on the 1st try
FIOBUSD { FIO PROTOCOL } - BULLISH SETUPANALYSIS 🔎
- FIOBUSD was bounded in a descending triangle pattern.
- Price brokeout above the descending triangle's inclined resistance.
- This is a bullish signal.
BUY ENTRY ⬆️
- Market entry: current market price.
- Limit entry: Retest of the descending triangle's resistance.
TARGETS 🎯
- Horizontal resistance level (@0.24).
- Horizontal resistance level (@0.355).
- Horizontal resistance level (@0.5693).
SETUP INVALIDATION ❌
- Initial invalidation: breakdown below the horizontal support level (@0.1305).
- Final invalidation: breakdown below the horizontal support level (@0.1065).
FIOUSDTthis alt has broke the descending channel it was trapped in it recently and in lower time frames it created an ascending channel to go higher with an slight slope, anyway the shadows of green candles shows there are bulls in the system tries to shine but they not yet successful, the future is bright for this one
👉This idea has the confirmation of "advanced price action"
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