This pattern here, the ending diagonal, signals the end of a move/trend, in this case the bearish trend.
FIO Protocol (FIOUSDT) bottom mid-September, which goes in accordance with many other Altcoins. Many pairs chose this same date to start their reversal.
We can see a bullish bias now based on the strong RSI reading and the high volume 3-July before the September lower low came in.
The fact that we have three months of slow and steady growth as the action moves past EMA10, is also a good indication.
The rest is easy... The market force will push prices up.
Namaste.
FIO Protocol (FIOUSDT) bottom mid-September, which goes in accordance with many other Altcoins. Many pairs chose this same date to start their reversal.
We can see a bullish bias now based on the strong RSI reading and the high volume 3-July before the September lower low came in.
The fact that we have three months of slow and steady growth as the action moves past EMA10, is also a good indication.
The rest is easy... The market force will push prices up.
Namaste.
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🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.