#IO HAS FAILED TO SWING BACK TO ITS WEEKLY HIGH: WHAT'S NEXT?
There have been many traders who have completely forgotten this altcoin. Although, for those who have kept this altcoin in their minds. The tendencies that this altcoin may create are visible.
One of the few things that stand out for this altcoin is the fact that it has failed to swing on its weekly high. Rather, it has created shakeouts above its weekly average price. Those who were confused to the market scenario with the indecisiveness of this altcoin got trapped at this altcoin's one impulsive movement. Right now, what we can see is the fact that this altcoin is still accumulation and may continue to move below its weekly low before it can attempt to retest its weekly highs.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
