Syscoin (SYS) Weekly Bullish Bias Comes Forth (300.00%)The low for Syscoin (SYSBTC) was hit back in August 2019.
Many altcoins that are now growing strong hit new lows, a sign of weakness yet, these are making huge jumps.
Now, SYSBTC continues with higher lowers for years, signaling that its bullish move might be stronger than these other altcoins (you can find them by visiting my profile).
As for the chart, we have all the classic bullish signals we normally look at and chart patterns.
The next target and additional information can be found on the chart.
Thanks a lot for reading.
Namaste.
SYSBTC
Sys/btc just broke gaint falling wedgeSys/btc
Was in the downtrend inside gaint falling wedge since 96 days
Today sys come with strong bullish green candel and just broke the falling wedge
If you are looking for buy then the best area
Will be after retest the trendline or horizontal support (previous accumulation zone) between
370-345 sat
the target will be around 580 sat or more
This is not financial advice
Trade at your own risk
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Good luck
SYSBTC Intraday Trading OpportunityDear Subscribers,
today, we detected the new local SYSBTC price growth opportunity with the Automatic Engulfing Strategy.
The price broke the descending downward trend channel, which usually means it's consolidation with the further growth. The RSI Indicator also confirmed this assumption: the price bounced off the support line.
We expect the 4.1% price growth from 0.00000326 to 0.00000339. The alert was automatically executed by SkyRock Signals trading bot.
SYS Heading to Strong SupportSYS is Going to The Strong Support Zone and a Breakout
Strong Support Level : 212 - 276
Its a Good Buy Zone For Us. I Doubt That It Will Break Support Because RSI is Oversold.
Targets are : 350-400-450-500+
My Stop loss is at -7% From Buy / Support.
✅RSI : BULLISH
✅MOM: Bullish Momentum
❌SMA: Price Below SMA Bearish
✅ADI: +DI >DI BULLISH
✅MACD: Bullish
✅PSAR: Bullish
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SYSBTC Engulfing SignalDear Subscribers,
Today, our Engulfing Automatic Strategy detected the trend reverse with potential growth in the price of SYSBTC.
The price broke the resistance line, which in total with the increased bullish pressure, demonstrated by Accumulation/Distribution Indicator, proves the reverse from the uptrend to downtrend. The Ichimoku Cloud is also confirmes this conclusion.
We expect the 4.1% price growth from 0.00000387 to 0.00000403. The alert was automatically executed by SkyRock Signals trading bot.
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
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SYSBTC Possible fakeoutSo, currently I keep eye on SYSBTC, that coin is is hype beast, it can easily release any news in 1-2 days time and price can easily pump.
I consider recent breakout from triangle as possible fake, though daily closed under 900. Take a look once at IRISBTC, it recently broke uptrend channel, but 1 good news pumped it ~90%.
That's mostly my personal opinion and not too much of TA.
On the other hand, there is good hanging man on 4H, which can possibly lead to some short term gains. In any case keep your stop-loss tight, around 870-880 and as usual targets are Fib levels.
Good luck !
SYSBTC Breaking OutSo, basically SYSBTC is moving in triangle from last week, and possible scenario for me is breakout towards top, as it already broke white resistance line, the only thing left is to break from yellow triangle and expect rise till 1450.
Stop loss around 920 if it breaks from triangle. Good luck !
SYS Syscoin Retracement levelsAfter a 600% rally, i`ve extended the Fibonacci Retracement tool to see the levels in which we expect a bounce, the most expected being the 0.618 level.
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
A day at SYSUSDHope everyone is having a good day.
Just my 2cents, no advise. I am also learning the basics.
The SYS 4H Gartley Harmonic Pattern posted by Dr_Vladislavdd had played out perfectly.
That is why you do not go FOMO mode on cryptocurrencies Hello, traders.
See how to identify overbought charts with Bollinger bands indicator.
Bollinger bands consist of three lines that plotted in the chart. The line in the middle is usually a simple moving average configured for a period of 20, typically default for Tradingview.
The up and the low Bands are defined at two standard deviations away from the central MA.
Whenever the price is away of the standard deviation of the Bollinger bands, up is a sign of overbought rate and down is a sign of oversold,
Take care to get into assets outside the top and bottom bands.
Note, RSI above 80 is a good indicator showing overbought signals; combining these two indicators can make you do not enter FOMO in some assets.