Looking at the daily chart for SysCoin, which is now trending on Binance, we can see some bullish signals taking place.
Let's take a look at those and see what we can learn:
Conditions for change: If SysCoin (SYSBTC) fails to break resistance and closes below 0.00001065, these signals would be invalidated and a new analysis is needed.
Note: This is not a piece of trade advice. My trades contain buy-in range, targets, stop loss, capital allocation and additional details.
Thanks a lot for reading.
Namaste.
Let's take a look at those and see what we can learn:
- SYSBTC broke above EMA10 and EMA50, but is now facing resistance at EMA100 (blue line) which pushed its price back many times in the past since December.
- This is the main resistance to break, followed by MA200, for a strong move up.
- The RSI is really bullish and has broken above all recent resistance.
- The MACD is having a bullish crossover.
- And we have some strong green candles.
- Expect bullish action from SysCoin soon.
Conditions for change: If SysCoin (SYSBTC) fails to break resistance and closes below 0.00001065, these signals would be invalidated and a new analysis is needed.
Note: This is not a piece of trade advice. My trades contain buy-in range, targets, stop loss, capital allocation and additional details.
Thanks a lot for reading.
Namaste.
Trade closed: target reached:
Showing really good strength. We are trading SysCoin (SYSBTC) long term.
Thanks a lot for reading.
Thanks a lot for reading.
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🎁 Tips | t.me/asdons
SysCoin (SYSBTC) is moving and generating profits.
Shared two days ago.
Enjoy.
Namaste.