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FIRO to $110

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 history for FIRO is limited. However with a bit of trickery, and hey presto - Firo/zcoin complete history on weekly:

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 history for FIRO is limited. However with a bit of trickery, and hey presto - Firo/zcoin complete history on weekly:
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Nota
Got to love the power behind those DOJIs. Next near term target $12. Expect resistance around here, this level has history.Trade ativo
Price action breaks out of $7.94 resistance area. Next target is around $21Trade ativo
2-day golden crossWhat? What's that? The talk of the town at the moment is golden crosses appearing on a number of 1-day charts, including BTC. But is it meaningful as previous crosses? That's where 2-day chart comes in.
Those crosses are particularly powerful on the 2-day chart. I think it was Steve from crypto crew university that first made me aware of those crosses. Essentially it is the same as the 50-day EMA crossing up the 200-day EMA on a 1-day chart, but on a 2-day chart it is really 100-EMA crossing up the 400-day EMA. A lot of day to day noise is removed resulting in a very powerful method to identify if a bull or bear market condition is true.
Nota
Price action remains in a consolidation band. An attempt at target will not be realised until price action breaks out above $13 resistance area.On the 4-day chart below price action has recently broken out of price action resistance follow by a higher low. Stochastic RSI has also recently crossed up 20, this is good.
Patient is everything.
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Can't give this one a high score.. and I've no interest perhaps someone else does.The conditions that existed prior to the last move in the previous update exist today. Patrons, refer to the power of divergence post.
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GRM support confirmed. Can't be bother writing a new idea!Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.