$Syscoin, $SYS Cloud 9

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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.

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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.
Beyond Technical AnalysisBitcoin (Cryptocurrency)Chart PatternscryptocryptocurrenciesCryptocurrencySYSSYSBTCsyscoinTrend Analysis

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