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#Syscoin Long position Entry zone
On the daily chart, we still have clear uptrend movement, trendline and Fibonacci retracement sits perfectly. For both cases, the price is definitely at the support zone.
Now move to a 4-hour timeframe, we clearly see a downtrend. Let`s use MACD indicator and draw trend lines on the chart and on the indicator. After that we can notice a nice divergence at the support zone, which indicates that the price should go upwards.
Now move to a 4-hour timeframe, we clearly see a downtrend. Let`s use MACD indicator and draw trend lines on the chart and on the indicator. After that we can notice a nice divergence at the support zone, which indicates that the price should go upwards.
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