SYS/BTC (Test Previous Major Resistance?)
đź’ŽTechnical Analysis Summaryđź’Ž
BINANCE: SYSBTC
-Syscoin is on a strong sell-off after the blow-off top
-Since there is no logical support built during is pop
-The price decline is expected fast too
-The important level need to be watching is at 380-340 range
-This was a previous key resistance area before the burst
-So there is a good chance we can expect a bounce reaction
-I recommend waiting for any Bullish sign if the price reaches this level
-This will increase the probability of a temporary relief rally
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Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
BINANCE: SYSBTC
-Syscoin is on a strong sell-off after the blow-off top
-Since there is no logical support built during is pop
-The price decline is expected fast too
-The important level need to be watching is at 380-340 range
-This was a previous key resistance area before the burst
-So there is a good chance we can expect a bounce reaction
-I recommend waiting for any Bullish sign if the price reaches this level
-This will increase the probability of a temporary relief rally
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````
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