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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