SysCoin (SYSBTC) Starts To Show Bullish Signals

Looking at the daily chart for SysCoin, which is now trending on Binance, we can see some bullish signals taking place.

Let's take a look at those and see what we can learn:

• SYSBTC broke above EMA10 and EMA50, but is now facing resistance at EMA100 (blue line) which pushed its price back many times in the past since December.
  
  
• This is the main resistance to break, followed by MA200, for a strong move up.
  
  
• The RSI is really bullish and has broken above all recent resistance.
  
  
• The MACD is having a bullish crossover.
  
  
• And we have some strong green candles.
  
  
• Expect bullish action from SysCoin soon.
  

Conditions for change: If SysCoin (SYSBTC) fails to break resistance and closes below 0.00001065, these signals would be invalidated and a new analysis is needed.

Note: This is not a piece of trade advice. My trades contain buy-in range, targets, stop loss, capital allocation and additional details.

Thanks a lot for reading.

Namaste.

Comment:

(1) Target hit @ 0.00001418.

SysCoin (SYSBTC) is moving and generating profits.
Shared two days ago.

Enjoy.

Namaste.

Trade closed: target reached:

Showing really good strength. We are trading SysCoin (SYSBTC) long term.

Thanks a lot for reading.