FIO has been trading inside this channel for over 7 weeks now, seeing some great gains ocassionally. With BTC currently seeing a small bearish move, chances are that FIO will move towards the channel support area, a nice place for entry.
The idea is that FIO will remain trading in this channel in the near future.
Want mass adoption?
FIO Protocol seeks to add human-readable, email-like crypto addresses (eg John@Coinomi or whatever) to wallets to send all currencies.
What's more, the price seems to do a double-tap off the 4h 100MA before doing 1.5x to 2x with eerie regularity. I'm looking to enter on that second MA touch. And I might just hodl this one, I think it has...
FIO has seen some strong gains over the last month. Compared to other coins, FIO appears to be relatively under priced, since it "only" went +500% this year, maybe we're in for a treat soon?
Two possible ways to trade this potential breakout. The first is to catch a downward move and buy-in around the triangle support area. The other is to wait patiently for the...
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.
FIO has been performing pretty well these and all this while is being supported by EMA25. However now FIO has reached a state where it can potentially loose the support of his friend EMA25.
Overall FIO is moving in an upward trend(marked in yellow area) and on a shorter time frame as well it is on an upward moving channel (marked in pink area). Going by the trend...