Syscoin (SYS) formed a bullish Cypher for upto 22% pumpHi dear friends, hope you are well and welcome to the new trade setup of Syscoin (SYS) with Bitcoin pair.
Our last successful trade of SYS was as below:
Now on a daily time frame, SYS with Bitcoin pair has formed a bullish Cypher move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Sysbinance
SYSBUSD create hidden Bullish DivergenceSYSBUSD create hidden bullish divergence, recently SYSCOIN launch 4.2 #mainnet launch is just around the corner. As it is quite a substantial upgrade, we have given it a name!
Introducing Syscoin LUX!
TP will 0.2725
SYS/BTC (Test Previous Major Resistance?)💎Technical Analysis Summary💎
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! :)
``````````````````````````````````````````````
There is a possibility for the beginning of an uptrend in SYSBNBTechnical analysis:
. SYSCOIN/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00786 to 0.00609). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00786)
Ending of entry zone (0.00609)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.01140
TP2= @ 0.01440
TP3= @ 0.01970
TP4= @ 0.02390
TP5= @ 0.02820
TP6= @ 0.03420
TP7= @ 0.04190
TP8= Free
$SYS Pump idea. Do You Agree With This?SYScoin is quite legit project that has proven since 2015 they're not get faded and still there. Yes, this is what happen to the project that really work for their product and not a scam one. Even though so, SYScoin team having many issues, as recently a manipulation on Binance which makes the price of SYScoin touch 91 BTC per coin. Wow!
Well that only happen only once in a lifetime and no one will expect that expect the culprit who intentionally knowing so at the first play. Ey!
Right now, SYScoin sitting at #102 on coinmarketcap with 540.5 mill plus in circulating supply, quite 2/3 of the total supply. As the syscoin team releasing more feature like recently is masternode v2 on masterminer.tech. A Masternode management, hosting, node-sharing platform. In this release, masternodes startup time is improved by 91%! Along with multi-chain support coming soon!.
Up there was my idea about SYS pump cylce. We're so close to alt season and right now sys is on the right zone to buy and looking for reversal after long bearish moment in this year.
With my buying zone is around 779 - 1279 for long term, looking forward to sell at 3781 to secure my first profit on SYS and 6166.
Well of course there is so many project with so huge potential prices than SYS, but well, you're the one to judge. Trade safe!