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Syscoin Entry Level

New strong bullish candle gives us a signal of possible price reversal. RSI confirms it and MACD histogram supports upward movement. Based on this swing low we can draw a new uptrend line which will be a support line for the market. DMI allows to open long trades. Pending orders for buy can be placed at 0.000048 level with stop orders at 0.000021 level. The main profit target should be at 0.000080 resistance level. If the market drops below the uptrend line, it will be better to close long positions and wait for new trading signals.
CryptocurrencyTechnical IndicatorsSupport and ResistanceSYSBTCsyscoinTrend Analysis

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