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.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.