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FIO / TetherUS

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FIOUSDT trade ideas

🧞‍♀️FIO - Symmetrical triangle squeezeThe price is getting squeezed inside of the symmetrical triangle formation. If buyers manage to push the price above dynamic resistance(blue), we can expect the price to enter the zone of strong resistance(red area). If buyers fail to hold current levels we can expect the price to go back to support (green area) The current trading range is a node of high volume, it is also where key level and 200EMA is, which given the recent sideways price action means the price is in accumulation. Entry: buy at current price down to the lower part of the formation (blue trendline) Targets: 0.1982 0.2419 0.2657 0.2948 0.3580 0.3994 0.4444 0.4874 0.5686 +use visible trendlines for dynamic targets ------------------- About FIO: FIO Protocol (FIO) is a blockchain protocol that aims to enable a better way of sending/receiving coins and tokens. The FIO token is the native utility token of the project's blockchain infrastructure, FIO Chain, and is used for transaction gas fees and on-chain governance. The FIO Chain uses a Delegated Proof-of-Stake (DPoS) to achieve network consensus. Block Producers are elected by FIO token holders via on-chain voting. Anyone can register to become a BP and produce blocks if they receive enough votes. FIO addresses act as a human-readable wallet identifier (username@domain) for users on the FIO Protocol. The registration of a FIO Address can be done through a FIO-integrated application or through a registration site. A FIO Address has a yearly fee in FIO tokens, and is bonded with 100 free transactions. FIO Request allows users to initiate transactions using FIO Addresses. This request is stored onchain, with metadata (e.g. currency, amount) encrypted using the Diffie-Hellman key exchange. FIO Data is transaction metadata. This metadata can range from a free-form memo to structured data (e.g. deposit details). The team envisages FIO Data as a means to support decentralized commerce, where transactiond data (e.g. invoices, dates) can be stored on-chain. FIO Data can also include blockchain metadata, such as transaction Source: coinmarketcap
Long
by V0VOLAN
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!
Long
by Falcon_Trader_1
1
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 ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
8