💎Technical Analysis Summary💎
BINANCE: FIOBTC
-FIO has been rejected around 520s sat area
-The price fell back below the 0.5 Fib level
-It is currently consolidating and showing no sign of strength
-This could turn out a small Bear flag coming from a rejection point
-The potential target is a retest of swing support around 444s sat
A big Thanks for...
💎Technical Analysis Summary💎
BINANCE: FIOBTC
-FIO broke another key support area around 930s sat
-We know this coin is on a strong downtrend
-Making a series of lower highs and lower lows
-If the Bulls can't show up a fight against the Bears
-It will likely to go lower down to 760s sat range
-Before hitting the downward trendline of support
-So please be...
💎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...
BINANCE: FIOBTC
-FIO is trading on a downtrend after breaking the support at 2200 sat range
-I have drawn a potential triangle pattern where we can see the trading scenarios
-There are 3 options to trade this setup with aggressive entries and conservative position
-Buying at local support/major support or Buy with momentum breakout of trendline resistance
-All...
The selling pressure of FIO was stopped at the 1400sts and built the Ascending Triangle to push the price up. The next target is the 2000sts area and this is a very important area in determining the future of the FIO.
In my opinion, it is still too early for the FIO, the FIO will continue to rise sharply to the 2600sts or higher in the coming months.
Private Signal :
$FIO
Crossing over ~2500 sats / EMA50, breaking from descending trendline
UCTS also signaling a 4H Buy signal..
If manages to hodl current pullback & flip this level into support, then aiming for ~2780sats
#FIO
FIO/BTC
-This coin is telling us that it is starting to show some hidden strength
-We can also see a Bullish divergence on the RSI using 4H time period
-A descending channel which is technically Bullish most of the time
-How do you plan to enter this market condition?
-You can place Buy bids at market price with stop loss at recent Low
-Or Buy the breakout of...
A good point to enter and make some profits in the medium term
Don't forget about risk management
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Evening Traders,
Today’s analysis, FIOBTC trading towards a probable double bottom structure, confirmation will be on the break of dynamic resistance.
Points to consider,
- PA approaching trade location
- Equal lows (liquidity run)
- Key dynamic resistance
- Oscillators over-extended
- Swing high target
FIOBTC’s price action is approaching a key trade...
![FIOBTC: ✳️FIO Protocol [FIO/BTC] on Sept-10 #FIO $FIO #FIOBTC](https://s3.tradingview.com/1/1LBK5Bdw_mid.png "✳️FIO Protocol [FIO/BTC] on Sept-10 #FIO $FIO #FIOBTC")
