$Syscoin, $SYS Cloud 9

Monthly
Looking at our highest timeframe we see price seems to have formed a descending channel. Stochastic RSI showing momentum remain bearish, next major support level at 2000.


Weekly
Shifting over to our pattern timeframe we see price respecting downtrend structure, momentum heavily shifted towards the downside. SYS recently formed a lower high slightly below our 7000 resistance, expecting a lower low to be formed at our breakout support zone 2000 satoshis.