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JustTradeSignals
Aug 12, 2022 10:02 PM

SYSUSDT | UPSIDE POTENTIAL  

Syscoin / TetherUSBinance

Description

SYSUSDT has been trading above the horizontal resistance. The price previously get rejected from same zone. The price has printed inverse head and shoulder pattern too on chart. The upside target can be 0.618 and 0.78 fib level. The bulls need to sustain above the 0.50 fib level. One can take long position with stop loss below the right shoulder . While failure to break the resistance zone will be all over for bulls.
Manage your trades accordingly.
Comments
ogabety
thanks for the insight let's see how it goes
Solldy
A good description of the analysis, but the chart itself isn't the most exact. I hope that next time the graph will be more concrete. Good luck in trading!)
ProSignalsFx
Noted bro, lets see how it goes!
TopTradingSignals
Yes, same opinion!
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