FIO/USDT (Bullish Descending Channel?)

💎Technical Analysis Summary💎


BINANCE: FIOUSDT

-FIO is forming a descending channel which is a reversal pattern
-This pattern is unconfirmed until broken to the upside
-Currently, the price is trying to retest the lower trendline support
-If FIO can form a base of support around the 0.1000s dollars
-And breaks the trendline resistance, that is a good Bullish sign
-The potential upside target is up to 0.14 dollars or higher




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