FIO just did a Golden cross for 55 and 99 EMAs and last time golden cross happened in no time it jumped more than 350% in 50 Days . This time it will be no different. And this coin is also known for wild pumps.
- FIO/USDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.2510).
- Limit entry: test of the ascending triangle's inclined support.
- FIO Protocol (FIO) - Rank 425 - is a blockchain protocol that aims to enable a better way of sending/receiving coins and tokens.
- From the technical perspective, we can see an symmetrical triangle on the daily chart.
- Also we can spot an ascending triangle, which is very bullish with the combination of the symmetrical triangle.
- Profit target is 1.618 FIB...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
FIO is sitting around a strong demand zone in green so we will be looking for buy setups.
on Daily: FIO formed a valid channel in red but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again.
Trigger => Waiting for a...
Rounded bottoms = parabolic upside. There are 2 potential scenarios I can see happening here - either we get a pullback to the support curve and continue forming the rounded bottom, or we start to break up early. If we start breaking up early, don't buy until we break that golden pocket otherwise you will most likely find yourself at a loss until the pattern takes...
this alt has broke the descending channel it was trapped in it recently and in lower time frames it created an ascending channel to go higher with an slight slope, anyway the shadows of green candles shows there are bulls in the system tries to shine but they not yet successful, the future is bright for this one
👉This idea has the confirmation of "advanced price...
FIO Protocol chart has the similar idea as the one I just posted of WTC / USDT.
FIO / USDT is trading in the channel and should be bouncing off support soon if it respects the trend line.
Keeping on eye on this one. And if it does (and possibly confirms) , will be opening a long position.