AlanSantana

FIO Protocol 111.1% Potential Targets

Long
BINANCE:FIOBTC   FIO / Bitcoin
Here FIOBTC is showing a long pattern of accumulation.

The bulls have the lead now after May's low followed by multiple challenges of resistance in the form of MA200.

Currently, it is challenging EMA10/EMA21.

Keeping It Simple

  • If FIOBTC can move above the "Trendline"/MA200, we are bullish.

  • If it goes below "Support" we are bearish.

We remain neutral in between with bullish potential in the lead.

The targets are marked on the chart.

Namaste.

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