#FIROUSDT
In this analysis, we delve into the spot market of Firo (formerly known as Zcoin) against USDT (Tether) and uncover intriguing insights into its long move potential. Firo, a privacy-focused cryptocurrency, has recently displayed notable price action, hinting at a promising journey ahead. Join us as we explore the key factors driving Firo's bullish...
First ; All shades are incredibly long lasting.
Second; The main movement channel is marked at the bottom level.
Third ; The sub channel is convergent.
On the above weekly chart after a 80% correction price action prints a textbook Dragonfly DOJI candle. This is a strong signal following the sell off a reversal of equal momentum is about to occur.
On the daily chart below price action breaks out of resistance following the bullish divergence.
Why $110?
FIRO is actually Zcoin, it was rebranded. Price action...
The ZK narrative is one of the most trending topics at the moment. Many users are waiting for the release of ZKSync and StarkNet, which will bring new value and applications to the crypto space.
The launch of ZKSync and StarkNet, may force the market to reassess the current Rollup projects, which will positively affect the price of their tokens. So, we can make a...
Firo has a good potential to go higher . support level is clear and i think in 15M we are in a trading range
we will fly soon
not a financial advice
comment your idea if needed .
The #6 suggestion for Ethereum POW alternative , for gpu miners , is Firo ,with an good potential to grow ;
🔹Rank #459,/ kind : coin POW \\ Market Cap:$34,567,818\\===> good
Max Supply: 21,400,000 ///11,483,918.70 FIRO 54% ====> good
🔰What Is Firo ?
Firo (FIRO), formerly known as Zcoin, is a cryptocurrency that focuses on being private digital...
FIROUSDT has been been trading with in a parallel channel. The price is approaching to the horizontal resistance . The zone is also confluence point of upper boundary of channel. The RSI has bearish divergence too.
The bulls need to break above the channel and resistance zone too. While bears will be in complete control below break of channel.
Manage your trades...
FIROUSDT has broken above the falling trendline. Currently price has approached to horizontal resistance zone. The bulls need to break above the resistance zone and price must sustain above the resistance zone.
Trade your levels accordingly.
Hi dear friends, hope you are well and welcome to the new update on Firo with US Dollar pair.
On a 4-hr frame, FIRO is about to complete the final leg of bullish Cypher pattern.
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.
If MA200 IS broken. BINANCE:FIROUSDT
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
