FIO PROTOCOL - FIO/USDT

- USDT (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	FIOUSDT
ISIN:

FIO PROTOCOL - FIO/USDT - Daily - Technical analysis published on 06/17/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

39%

11%

50%

My opinion

Bearish under 0.233200 USDT

My targets

0.161900 USDT (-23.95%)

0.107867 USDT (-49.33%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.233200 USDT remains possible. It is advisable to trade FIO PROTOCOL - FIO/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.233200 USDT. The next bearish objective for sellers is set at 0.161900 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.107867 USDT. In case of crossing, the next objective would be the support located at 0.101755 USDT. PS: if there is a bullish break in the resistance located at 0.233200 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

1.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The FIO PROTOCOL - FIO/USDT rating is 0.212900 USDT. The price registered an increase of +3.65% on the session and was traded between 0.203100 USDT and 0.218800 USDT over the period. The price is currently at +4.83% from its lowest and -2.70% from its highest.

0.203100

0.218800

0.212900

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by FIO PROTOCOL - FIO/USDT:

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of FIO PROTOCOL - FIO/USDT in Daily shows an overall bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.061074	0.101755	0.161900	0.212900	0.253000	0.339340	0.434500
Change (%)	-71.31%	-52.21%	-23.95%	-	+18.84%	+59.39%	+104.09%
Change	-0.151826	-0.111145	-0.051000	-	+0.040100	+0.126440	+0.221600
Level	Minor	Minor	Intermediate	-	Major	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.170567	0.187133	0.196267	0.212833	0.221967	0.238533	0.247667
Camarilla	0.198333	0.200688	0.203044	0.205400	0.207756	0.210112	0.212468
Woodie	0.166850	0.185275	0.192550	0.210975	0.218250	0.236675	0.243950
Fibonacci	0.187133	0.196951	0.203016	0.212833	0.222651	0.228716	0.238533

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.096433	0.026733	0.107867	0.231033	0.312167	0.435333	0.516467
Camarilla	0.132818	0.151545	0.170273	0.189000	0.207728	0.226455	0.245183
Woodie	-0.117450	0.016225	0.086850	0.220525	0.291150	0.424825	0.495450
Fibonacci	0.026733	0.104776	0.152991	0.231033	0.309076	0.357291	0.435333

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.246900	-0.070600	0.056900	0.233200	0.360700	0.537000	0.664500
Camarilla	0.100855	0.128703	0.156552	0.184400	0.212248	0.240097	0.267945
Woodie	-0.271300	-0.082800	0.032500	0.221000	0.336300	0.524800	0.640100
Fibonacci	-0.070600	0.045452	0.117148	0.233200	0.349252	0.420948	0.537000

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	50.03
MACD (12,26,9):	-0.0010
Directional Movement:	18.265596
AROON (14):	7.142856
DEMA (21):	0.202201
Parabolic SAR (0,02-0,02-0,2):	0.176842
Elder Ray (13):	0.001313
Super Trend (3,10):	0.260219
Zig ZAG (10):	0.213100
VORTEX (21):	1.0125
Stochastique (14,3,5):	30.97
TEMA (21):	0.220148
Williams %R (14):	-68.97
Chande Momentum Oscillator (20):	0.051400
Repulse (5,40,3):	-9.4779
ROCnROLL:	-1
TRIX (15,9):	-0.5137
Courbe Coppock:	43.50

MA7:	0.215671
MA20:	0.197560
MA50:	0.240042
MA100:	0.284536
MAexp7:	0.214870
MAexp20:	0.208405
MAexp50:	0.229578
MAexp100:	0.237411
Price / MA7:	-1.28%
Price / MA20:	+7.76%
Price / MA50:	-11.31%
Price / MA100:	-25.18%
Price / MAexp7:	-0.92%
Price / MAexp20:	+2.16%
Price / MAexp50:	-7.26%
Price / MAexp100:	-10.32%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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