FIROUSDT 1WFIRO ~ 1W Analysis
#FIRO This is the lowest support block for now. Buy from here if you still have a Conviction on this Coin with a target of 20%++
Firoidea
FIROUSD 1WFIRO ~ 1W
#FIRO This is the Last Support block for $FIRO.
Maybe a few small purchases here with a minimum target of 20%+
#FIRO/USDT#FIRO
The price is moving in a rising wedge on a 3-day frame
The price rebounded more than once at the lower border of the flag at the price of 1.50, and this is evidence of the strength of the channel’s borders and the expectation of a rise.
We have a higher stability moving average of 100
Likewise, there is an uptrend that the price touched on the RSI and rebounded from it
Entry price is 2.05
First goal 2.39
Second goal 2.77
Third goal 3.19
FIROUSDT Unveiling the Long Move Potential#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 momentum and the possible implications for traders and investors.
Price Analysis:
Over the past few weeks, Firo/USDT has been on a captivating trajectory, exhibiting a series of substantial upward movements. The price has seen consistent gains, with occasional minor retracements. This consistent upward momentum suggests the presence of a strong buying interest in the market, indicating a favorable environment for long-term holders.
Market Sentiment and Fundamental Factors:
Firo has caught the attention of investors and enthusiasts alike due to its innovative privacy features and ongoing developments. The coin's cutting-edge technology, including the use of zero-knowledge proofs and decentralized storage, has positioned it as a frontrunner in the privacy-focused cryptocurrency space. Such advancements have garnered significant interest and trust among the community, fostering a positive sentiment towards Firo's future prospects.
Furthermore, partnerships, integrations, and collaborations within the Firo ecosystem have amplified its visibility and utility. These strategic alliances have not only expanded its reach but also reinforced its position as a viable solution for privacy-conscious individuals and enterprises. The growing adoption of Firo's technology could potentially fuel its long move and attract further market interest.
Technical Indicators:
Examining the technical indicators reveals several bullish signals for Firo/USDT. The moving averages are exhibiting a clear upward slope, with the shorter-term averages consistently staying above the longer-term ones. This crossover indicates a strengthening bullish trend. Additionally, the trading volume has experienced significant spikes during periods of price surges, affirming the presence of strong market participation.
The Relative Strength Index (RSI) suggests that Firo is not yet overbought, leaving room for further upward movement. This indicates that the current bullish trend may have more potential to unfold in the coming days and weeks.
Conclusion:
With a series of bullish movements, a positive market sentiment, and strong technical indicators, Firo/USDT appears poised for an extended upward journey. While retracements and short-term fluctuations are expected along the way, the overall outlook remains optimistic. Traders and investors looking for exposure to a privacy-focused cryptocurrency with potential for long-term growth may find Firo to be an intriguing option.
As always, it is important to conduct thorough research, perform technical analysis, and manage risk according to individual investment strategies.
Firo formed bullish Gartley for upto 15.50% moveHi dear friends, hope you are well and welcome to the new update on Firo with BTC pair.
Recently we caught a very nice pump of FIRO as below:
Now on a 4-hr time frame, FIRO has formed a bullish Gartley move for another price reversal.
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
Firo formed bullish Gartley for upto 12.50% pumpHi dear friends, hope you are well and welcome to the new update on Firo with BTC pair.
Previously we caught a nice trade of FIRO as below:
Now on a daily time frame, BAR has formed a bullish Cypher move for another price reversal.
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
Firo formed bullish Shark for upto 12.50% moveHi dear friends, hope you are well and welcome to the new update on Firo with BTC pair.
Now on a daily time frame, FIRO has formed a bullish Gartley move.
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
Firo is forming bullish Cypher for upto 18.50% moveHi 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.
