Fio started to pump from January this year and rallied up to 0.5$ region. That pump took the pattern of ascending channel according to macd indicator you see above.
Fio started its correction when it broke out of the macd ascending channel to form right now inverse head and shoulders. The coin is turning away from the necklace to arrive at shoulders region.
Actual pumps shall start at the breaking of necklace. On price candle chart, pennant is formed presently
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