AlanSantana

✴️ Sylo LongTerm Higher Low = 2024 BullMarket (1,660% Potential)

Long
GATEIO:SYLOUSDT   Sylo/Tether
This is a very simple chart and we are going to be looking at a classic combination of signals. You can use these in your charting and the yield great, accurate results.

Sylo (SYLOUSDT) started its decline after peaking May 2021.
From May 2021 through October 2023 it moved lower, within a bear-market.

After the low in October 2023, everything changed.

The first major low and market bottom happened January 2021.
The low hit in October 2023 is higher and thus the classic higher low signal. In this case a long-term one which gives it more strength.

Going back to price action; After the October higher low we have a strong bullish breakout. Sylo moved weekly above EMA10 and produced the highest volume in more than a year. Total bullish breakout growth so far amounts to 285%+.

➖ The downtrend has been broken, high volume breakout and long-term higher low.
This combination of signals means that the bear-market is over and a bull-market is set to take place.

We have great potential on this pair:

1) 0.00965 (+230%)
2) 0.02349 (+705%)
3) 0.03733 (+1190%)
4) 0.05115 (+1660%)

There can be more growth in the long-term but this is a taste of what is likely to take place.
Not only 2024 but also a portion of 2025... Prepare for something great.

Namaste.

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