SYSCoin - Buy on Daily Chart - Supported by 55 and 200 EMA
Updated
The 55 EMA on the Daily and the 200 EMA on the Daily are offering great support for a move upward on SysCoin.
- The 55 EMA is being crossed as well to the upside by the 9, 13 and 21 EMA's, a strong bullish sign on a coin which hasn't yet exploded.
- The RSI is strong, having climbed all the way up to the 60 area.
- MACD on Daily chart also has crept over the 0 line.
- Possible handle forming on a cup which started back in the first week of March
- Resistance at $0.53 lets see if we can break it.
SYSBTC
- The 55 EMA is being crossed as well to the upside by the 9, 13 and 21 EMA's, a strong bullish sign on a coin which hasn't yet exploded.
- The RSI is strong, having climbed all the way up to the 60 area.
- MACD on Daily chart also has crept over the 0 line.
- Possible handle forming on a cup which started back in the first week of March
- Resistance at $0.53 lets see if we can break it.
SYSBTCNote
SysCoin retraced to $0.51 which is the 0.382 Fib level of the first impulse wave. Now Syscoin is breaking out again. Target for Wave 3 is approx $0.75 (beginning wave 3 now from $0.51)
Good luck!
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