FIO Protocol (FIO)

On the above 3-day chart price action has corrected over 90% since the sell signal April 2021 (not shown) at 50 cents. Today is great long opportunity. Why?

1) You know why.

2) RSI and price action resistance breakout.

3) Strong bullish divergence. Multiple oscillators print positive divergence with price action over an extended period.


Is it possible price action falls further? Sure.
Is it probable? No.

Ww


Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Will say elsewhere

Comment:

GRM support was confirmed on publication.

Trade active:

Never a better moment. Ignore the emotion.

Trade active

Comment:

Weekly GRM support confirms.
As signals go, this is a big one.

Trade active:

Excellent long moment.

Comment:

Dragonfly DOJI candlesticks aplenty. Everywhere you look.
Many of those candlesticks printing outside the Bollinger Band.

Comment:

Not trading holding this one but it is interesting when you look across various alt tokens, the panic selling and capitulation has resulted in many DOJI candlestick prints.

This past week or two in the market will be remembered as the great flush out.