SYS: A Bull Rally Soon?After having retraced almost 100% since last massive rally, the chart shows a similar price consolidation as previous pre-rally consolidation. Price sitting at strong support and a bullish divergence on the MACD also helps. As far as fundamentals: master nodes soon, which could push the price to a new ATH.
SYSBTC
Syscoin: An Interesting Investment OpportunityThe Syscoin 2.2 Testnet for Masternodes was released just days ago and is successfully being tested.
IN Q1 2018 the final version will be released. It will cost 100k SYS (at current market price: 21895 USD) to run a masternode. Masternodes provide very good, solid investment returns and are very in demand. Somewhere in Q1, 2018 the Syscoin team will release the beta web version of Blockmarket, which will be a lot more accessible and easy to use for the average Joe. I predict 300% ROI within 4 months.
SYSBTC Idea (again)Ok so SYS...still hitting on its support and bouncing so let's give it a shot. This is a good coin with a working product and good partnership and it really can't get any lower right? Plus the risk to reward is favorable so that is my kind of trade. Safe trading!
SysCoinAt the beginning of the ascent, I noticed one of the candle patterns "morning star", which indicates a change in trend. RSI, MOM and cross MACD up wardly confirm this movement.
I recommend buying from 0.000036. If the price breaks the resistance level of 0.000045, it can go to 0.000068. I advise you to fix profits in parts.
Buy 0.000036
target 0.000045-0.000068
stop-loss 0.000025
SYS-BTCSYS
Support Found: .00003075
Break Trend, next level of resistance we can see is .00003650 - Possible Sell Point
Then .0004 - Possible Sell Point
.0044 - Possible Sell Point
If Trend drops below .00003075 Support, it will fall to previous resistance at .000029
Which is at a current wedge itself, with support lines ascending.
SYS Have good action SYS touch weekly support last week at 0.00002318 that not the first time last time bounced about 80 % now we see tail from support area
good movement at daily and 4 H frame
good to get fast trade to 0.000030 as first Target
sl if get back and close under 0.00002318
capital management is recommended
we ask Allah reconcile and repay
SYS/BTC Cup and Handle FormingThe SYS/STC pair appears to be forming a cup and handle. With the rebranding coming, it is likely this pattern will complete and the price will take off.
My target buy in is at 3850, stoploss at 3600 where there seems to be some weak support. For those willing to risk more, a stoploss at the stronger support of 3400 would be appropriate. Targets at 5000 and 7000.
Of course, if the bitcoin price takes off, there is a chance this alt will tank with all the others. I suspect the BTC price will drop in the next few days, leaving the door open for a short term rise in alts.
THIS IS NOT FINANCIAL ADVICE. USE THIS INFORMATION TO MAKE YOUR OWN TRADING CHOICES.
Trying to break up strong resistanceTrying to break up strong resistance
After successful break up falling wedge pattern, it is now trying to break strong resistance. We need full green candel closing above resistance line. If it success to close above resistance line, then we have 2 targets :
1- 5298
2- 6466
If price failed to close above reisistance line, it will back to near support at 3757.
This analysis based on TA. Please use your stop lose and money management.
$SYS is looking very good right now.$SYS is creating new higher lows, MACD's showing strong bullish divergence, RSI is still in bullish channel. In addition to these signals, 31th of october will bring their Masternodes. Good time to buy under 3.8k sat, to multiply your btc soon. 4h chart is clearly showing double bottom which is confirmed by healthy growing volume in last 24h. If you are holder then don't look at dips and just hold it for few days/weeks. If you are here for short set stop-loss if it really brekout from violet box. If it breakout upward from violet box above double b line, then know that moon will be touched soon :D
SYS BTC | Breakout Imminent | UptrendGood Buy
Broke out downtrend
Close to bottom support
Uptrend on its way
MACD showing strong buying momentum
Stoch RSI shows selling power is quite strong which could mean moving down the channel a little more
High Returns
Bad Buy
Volatile BTC movements
If fail to break out red resistance line
Buy Region
2600 - 3000 satoshis
Sell Region
first target - 4000
Second target - 5000
Long term target - 8000
Stop Loss
2000 satoshi
Overall, I think this is a good buy for the long term. At the bottom support. Low risk but high returns.
Do your own research!!
All the best!! :D
SYS USD BREAKOUTWe have a symetrical triangle formation on SYSUSD and might see a break out in SYS coins USD value by mid October reaching our price target by mid November.