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FIRO / BITCOIN

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FIROBTC trade ideas

✳️ Firo Very Strong Pattern, Must Read! (Easy 280%)We have a higher low long-term when we look at the low hit June 2023 vs the low hit in May 2022. I mention this because it is very important as it cements the bullish bias, with this there is no doubt. Now, you can ignore the left side and focus on the right side of the chart. The June 2023 low produced a rounded bottom which is a very strong reversal signal on its own. But, after the rounded bottom and ensuing bounce prices go 100% sideways/flat and this is even better when it comes to TA, it says a lot. This type of market action reveals what comes next... We can always add the other signals, the classic ones, for additional strength. ✔️ Trading above EMA50, bullish RSI, bullish MACD... You know the rest! Namaste.
Long
by AlanSantana
✳️ FIROBTC | Growing 1st Time Since 2017 (Name Your Altcoin #47)FIRO Has been dropping since December 2017, which can be seen as either bad news or really good news. The negative side is for those who decided to hold all the way down. The positive side, the good news, is that there can't be that many sellers around... Since the December 25, 2017 All-Time High, FIROBTC has gone through a 99.66% correction. In essence, it lost all of its value in the past 1596 days (4.37 years). To me, this is all positive. A low was hit in January 2021 and after more than 1.3 years this low/support failed and a lower low hit. After this lower low a strong recovery took place and now FIROBTC is trading back above the January 2021 support level. Last week we saw the second highest volume in the history of this pair as prices moved above EMA50. The highest volume ever happened in July 2022. Above the January 2021 and the May 2022 lows, we can expect long-term bullish growth. It is hard to figure out how far up it can go... Since this pair has been going through a different cycle compared to the altcoins we look at. Mid to long-term we can see 500% to 1235%. The long-term varies wildly, it can be this year just as it can be mid to late next year... We need time to see how it will all develop but the bullish potential is now clear after the new All-Time Low has been confirmed. Once we hit bottom, the only place left to go is up. Namaste. P.S. The chart came out a bit messed up... Just hit zoom in, the "+" sign on the chart, to get a better view.
Long
by AlanSantana
7
THE SLEEPING GIANT #FIRO $FIROFiro (FIRO), formerly known as Zcoin, is a cryptocurrency that focuses on being private digital cash. It created the Lelantus privacy protocol which allows users to burn their coins and redeem them later for brand new ones that do not have any transaction history. Their latest ROADMAP : ProgPoW ( FiroPoW ) & InstantSend Will be launched on 26 oct 2021 Elysium (in progress) Mobile Wallet (in progress) Integration with many DEX Collaboration with Panther Protocol Lelantus Spark Privacy Protocol ( XMR are looking for it ) will be released next year. the last ATH is around 120-140$. this coin is very very undervalued.
Long
by KriBoys
1
FIRO / Bitcoin Opportunity 120Hey tradingview community, FIRO / Bitcoin is in a bullish configuration in a symmetrical triangle with lower and lower and lower volume emitted on this compression. The RSI is in the neutral zone heading towards support for a check, so we should have to make a move with upside potential on the top (D). And a MACD returns to zero it is quite possible that the triangle will breakout from the top with optimal entry on the peak of (E) of the ELLIOTT wave. There we will have the confirmation of a new return of smart money before going to check the resistance office to have a better entry if the market demand does not change. On the next lower leg observe the price behavior with a possible retracement on the triangle support to get back into more dynamic prices. Maximize your profits under this pressure to decrease risk and reduce exposure to short-term and long-term positions in your best interest. After that, check the future market sentiment for this third quarter by adding the return of volatility. All of this is available for free, please give me a hand if you like this job. Please like and follow, thank you.
Short
by stephanelibatd
FIRO: Ascending WedgeFIRO is simply in a bullish ascending wedge right now. After a period of bottoming out it appears to be turning up. It is a low volume coin and is very volatile, which means lots of potential upside. Downside is mitigated by the fact that it is coming out of a bottoming phase, and is making an ascending wedge which is a bullish pattern. This is another one to simply buy and hold for the next BTC push. FIRO was pinged by TIS (trading indicator software) multiple times recently, giving additional confidence in this trade.
Long
by StayHydrated1
Firo coin formed bullish Gartley pattern for upto 21% gainsHi dear friends, hope you are well and welcome to the new update on Firo with Bitcoin pair. On a 12-hour time period chart, after the successful formation of the Gartley pattern the price action of the Firo coin has completed another bullish harmonic Gartley pattern. This trade has a profit possibility up to 21% and the loss possibility is 5.5%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333