FIOUSDT trade ideas
FIOUSDT retested 0.786 Fibonacci Level 🦐FIOUSDT retested 0.786 Fibonacci Level and now the price is trying to have a new brekout from 4h resistance.
IF the price will have a breakout upwards and flips the current resistance into support, According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
FIOUSDT -Long - Potential 12.93%320) FIOUSDT -Long - Potential 12.93%
Entry- 1029
TP1- 1086
TP2 - 1162
SL- 955
Please follow & like if you are a fan of the idea
FIOUSDT - Long - Potential 16.88% 302) FIOUSDT - Long - Potential 16.88%
Enter- 1096
TP1- 1147
TP2- 1284
SL- 1050
"It’s not that I’m so smart; it’s just that I stay with problems longer."
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
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
