Fiousdt
FIO/USDT - One to watch! Eyes on this at the moment.
Looking for a break or supported entry here.
Doing well in a down-trending market.
Looking at entry around 0.2529 but will be running tight SL.
Loss of current support line would scuttle this idea and need to look at new entry price.
Prefer to see it break down trend line before entry but impatient so may enter before.
Tight SL advised due to market conditions.
As always, not financial advice.
Bingaz
FIOUSDT, good time for investing starts now.Hi friends. So FIOUSDT lost all past purcheses and we have a lot of FIO that can been sold in future. Now just 90M circulation with 1B total supply. So i waiting upper waves in future to 0.0958 and more. I mark all interesting levels with green. I think better wil bee start long position from 0.0665 to 0.075.
FIO/BTC (Mini Bear Flag?)💎Technical Analysis Summary💎
BINANCE: FIOBTC
-FIO has been rejected around 520s sat area
-The price fell back below the 0.5 Fib level
-It is currently consolidating and showing no sign of strength
-This could turn out a small Bear flag coming from a rejection point
-The potential target is a retest of swing support around 444s sat
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FIO/BTC (Broke Local Support)💎Technical Analysis Summary💎
BINANCE: FIOBTC
-FIO broke another key support area around 930s sat
-We know this coin is on a strong downtrend
-Making a series of lower highs and lower lows
-If the Bulls can't show up a fight against the Bears
-It will likely to go lower down to 760s sat range
-Before hitting the downward trendline of support
-So please be cautious entering a trade without any reversal sign
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
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FIO/USDT (Bullish Descending Channel?)💎Technical Analysis Summary💎
BINANCE: FIOUSDT
-FIO is forming a descending channel which is a reversal pattern
-This pattern is unconfirmed until broken to the upside
-Currently, the price is trying to retest the lower trendline support
-If FIO can form a base of support around the 0.1000s dollars
-And breaks the trendline resistance, that is a good Bullish sign
-The potential upside target is up to 0.14 dollars or higher
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Not Financial Advice
Please Exercise Risk Management
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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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FIO/BTC (Bullish RSI Divergence?)FIO/BTC
-This coin is telling us that it is starting to show some hidden strength
-We can also see a Bullish divergence on the RSI using 4H time period
-A descending channel which is technically Bullish most of the time
-How do you plan to enter this market condition?
-You can place Buy bids at market price with stop loss at recent Low
-Or Buy the breakout of local resistance above 2515 sat area
-Aggressive entry or with momentum strategy is you to decide
-There are both pros and cons, so please plan accordingly