Short
SYS Seeing Multiple Points of Resistance
SYSBTC is hitting multiple points of resistance here. This is likely to be the top. We see resistance in:BBand upper bound
200 day EMA
.382 Fib level
It will be very hard to sustain a rise, but, breaking of these 3 points (which would require much more volume) would leave the market with an empty field to run up in.
Trade closed: target reached
Throwing this one out on account of the hack. Still, you're better off looking for similar alts than buying into a 40% green candle.
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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.