WhaleAgents

Syscoin Staying in the Green...

Long
BITTREX:SYSBTC   SysCoin / Bitcoin
Weekly
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.

Daily
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.

4Hour
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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