Syscoin To the Moon!
Weekly
Price Structure showing a huge bullish flag has formed.
Price has formed Higher High & Higher Low inside flag, looking to breakout next week.
Stochastic RSI shows momentum is heading towards upside.
Daily
Price has broke resistance @ 0.00004900 & tested for support.
Bullish momentum has slowed down on daily.
Expecting consolidation before next big move.
4Hour
Shifting over to our pattern timeframe we can price has found resistance @ 0.00005500
Minor support found @ 0.00005150
Expecting consolidation between these zones.
Break and close above 0.00005500 triggers trade.
Hourly
Finally looking over at our trigger timeframe we can see price is starting to tighten up preparing for a breakout.
Taking a look at our stochastic RSI we can see momentum is building in favor of the bulls.
Related publications
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.