ALONG WITH $FIO 'S GREAT PROJECT AND DEVELOPMENTS WE HAVE ANALYZED ITS POTENTIAL SELLOFF KEY LEVELS!
Every time a markup happens in the crypto market. We immediately take a look at the potential areas where selloffs will likely occur. In this way, we prevent ourselves in taking trades that's unnecessary. For FIO, with its surge, many have already taken profit. Those who have held a lot FIO altcoins, they will continue to hold until the markup phase will be fully realized. These selloff key levels are based on what trading on Futures would look like for most sellers and what trading on Spot would look like for 'partial' sellers. That's the difference when you hold on Spot and trade on Futures, you decide when to sell partially or fully and vice versa. Today, we continue to look at the possible continuation of FIO's rally. The key levels 0.05089, 0.05878 & 0.08229 are already major levels where most would sell their trades. All of the other selloff areas we've highlighted will most likely be hit on its long-term prospects.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
