KapitanKris

Syscoin Support and Resistance Zones and Trend AnalysisI

POLONIEX:SYSBTC   None
This is a basic look at Syscoin's support and resistance zones.
It is on a strong upward trend, however, it is about to enter a resistance zone.
I think it is a good project and being part of the lightning network will help in the coming months. It may reach new ATH's if the lightning network sees widespread adoption, I'm not sure whether it will break out of the resistance zone during this cycle, the next or maybe the following one. I'm staying neutral just now for these reasons.

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