FIOUSDT trade ideas
🔥 FIO Double Bottom ReversalAfter hitting the strong support at 0.30 yesterday, FIO is seeig a very strong reversal happening as we speak, gaining more than 23% in a matter of hours.
Seeing that FIO was previously trading in a very nice channel, I'm assuming that investors want to push FIO back into this channel and trade inside of it.
In case you're eager to trade the channel, wait for the price to enter the channel again.
Happy trading!
FIO moving like clockwork. Will it get mass adoption?Want mass adoption?
FIO Protocol seeks to add human-readable, email-like crypto addresses (eg John@Coinomi or whatever) to wallets to send all currencies.
What's more, the price seems to do a double-tap off the 4h 100MA before doing 1.5x to 2x with eerie regularity. I'm looking to enter on that second MA touch. And I might just hodl this one, I think it has promise for mass adoption. The question is, how much is an address like that worth - and then divide the market cap by that to get the # of potential accounts... I'm definitely interested to hear other opinions on this.
NFA; DYOR :)
🔥 FIO Channel ReversalFIO has been trading inside this channel for over 7 weeks now, seeing some great gains ocassionally. With BTC currently seeing a small bearish move, chances are that FIO will move towards the channel support area, a nice place for entry.
The idea is that FIO will remain trading in this channel in the near future.
Happy trading!