Syscoin has broken out off of the cup and handle pattern with a strong 12345 impulse wave. After that, the correction occurred, and we are now seeing a bull flag, from which the price is going to go up, and the target is the hight of the flag. This breakout will be an E wave from an ABCDE correction that I have labeled, and because it ends on the upside, the price is going to go down from there to the uptrend support baseline.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.