Rather than a technical analysis this chart here works as confirmation.
We've been patiently waiting for the next Altcoins market bullish wave knowing that it was really close; it is here now.
SysCoin jumped by 45% today after a long-term lower low.
This lower low hit this month, August 2023, can mark the bottom for this pair.
We can now experience a change of trend.
What you see here, will be repeated all across the Altcoins market.
We can see a major downtrend line being broken as well as a daily move above EMA50.
This same setup led to 174% when Bitcoin hit a multi-year low, with Bitcoin being really strong now, this new wave can produce twice as much, or more.
Namaste.
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