Syscoin Staying in the Green...

BITTREX:SYSBTC   SysCoin / Bitcoin
Looking at our highest timeframe we see price has support near 4000 satoshis. Fundamental push from the release of Syscoin 3.0. Price is respecting an ascending triangle . Waiting for a break of pattern for a long term entry. Stochastic RSI showing momentum is bearish .

Shifting over to our pattern timeframe we see price has formed a double bottom just above major resistance 4000 satoshis. Major resistance shown 6500 satoshis, Stochastic RSI showing momentum remains bullish . No signs of clear entry on daily.

Finally looking over at our trigger timeframe we see price has hit minor resistance @ 5700 satoshis. Expecting price to retrace back towards our downtrend that was broken to test for support. If price holds @ 4500 satoshis will be taking a buy, however cryptocurrency market as a whole is in a bear market so we are not expecting price to hold at this level. Only time will tell.

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