Description
⋅ Syscoin (SYSBTC) has been in an uptrend after it hit a new low in early August. Now, this pair only keeps on growing.
The charts are really bullish and the SYSBTC pair caught my attention recently, meaning, this is about to move up.
SYSBTC Chart Signals
- We have a really strong break above EMA50.
- We can see new peaks (higher highs) being hit all the time. We have a clear uptrend forming.
- We also have bullish indicators (MACD and RSI).
- Volume breakout (sudden influx of trading volume).
All these signals are pointing to the same... Syscoin moving higher.
In case the prices go lower, I marked the different support levels with blue lines on the chart.
The targets (magenta) are also clearly marked.
Thanks a lot for reading.
Namaste.