FIOBUSD { FIO PROTOCOL } - BULLISH SETUP Long

Description

⋅ Aug 1, 2021 9:10 AM

ANALYSIS 🔎
- 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).

Comments

GIFTED_GC

⋅ Aug 1, 2021 10:23 AM

Hello Boss... Nice analysis, do you have any other social media channel to connect with You?

Chibuike_Odoh

⋅ Aug 1, 2021 11:28 AM

@GIFTED_GC yeah. you can contact me on Instagram @Chibuike_Odoh