- The yellow square (our support / demand zone) goes back to early 2016. So this is a very, very strong support for Syscoin, we move up from here. - Volume is yet to build up, action yet to start but the correction is evident on the chart; all gains were removed. - We have a strong MACD bullish crossover. - Bullish STOCHRSI and RSI coming out of oversold. - Over 550% profits potential. - With SYSBTC now trading above EMA50 and EMA10 on the daily time frame, after a long period of slow steady growth, I believe it will move up soon.
I agree with your analysis. Both fundamentals and technicals looking good for Syscoin. The history of this project is interesting and goes back to 2014 when it was one of the first ICOs. Team is dedicated and seems persistent. It's definitely a survivor. From lows to highs historically, it has been one of the most profitable cryptos in the space, period... more so than Litecoin on the same basis of comparison, which some might find surprising. A lot of people who dig in and learn about Syscoin end up feeling they've found a diamond amidst coal.
AlanSantana
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@oneEyedJack, Great comment, thanks a lot for sharing.