Summary
The MACD line is above the signal line, which is a bullish sign. The 12 day EMA is above the 26 day EMA, which is a bullish sign. Resistance 1: 0.0273, Resistance 2: 0.0279, Resistance 3: 0.0288, Support 1: 0.0256, Support 2: 0.025, Support 3: 0.0241.
Pivots
Syscoin is below yesterday’s pivot point of 0.0264. Prices could therefore drop down to the first and second support levels at 0.0256 0.025. otherwise, buyers could come back and push it towards yesterday’s pivot of 0.0264 or to the resistance zone at 0.0273.
MACD
As a sign of strength, the MACD is above the signal line. Momentum is therefore in the bulls favor.
RSI
RSI is pointing upwards at 56.4. This signals that bulls could stay in control for awhile longer.
ATR
Used for measuring volatility, the Average True Range (ATR) is another popular indicator. The ATR measures the degree of enthusiasm for buyers and sellers. Strong price movements can be verified through the ATR, while weaker movements will come with smaller readings.
Prediction
Tomorrow’s high and low can be calculated using the current period’s high and low. A high of 0.0264 is expected tomorrow along with a low of 0.0256.
