SYSCOIN is difficult to read. Previous time SYS had similar metrics, it went down ~20%.
I am trying to see order in chaos, hence all the lines.
Dashed Yellow lines = Downtrend limits I took from a 4H chart
White and Dashed Green lines = Long term Uptrend channels from 21H chart
And a couple Support and Resistance channels.
I want to see how SYS reacts to these limits in the next day or two, hopefully validating my method as it progresses.
Just as a hypothetical target, I think I'll see SYS reach 0.48
Maybe after that, it'll try to regain former glory days.
P.S. Let me know if you have a chart you'd like me to have a look at.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
I am trying to see order in chaos, hence all the lines.
Dashed Yellow lines = Downtrend limits I took from a 4H chart
White and Dashed Green lines = Long term Uptrend channels from 21H chart
And a couple Support and Resistance channels.
I want to see how SYS reacts to these limits in the next day or two, hopefully validating my method as it progresses.
Just as a hypothetical target, I think I'll see SYS reach 0.48
Maybe after that, it'll try to regain former glory days.
P.S. Let me know if you have a chart you'd like me to have a look at.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
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