SYSBTC
SYS, ready to run?SYS coin has been silent for a while as the bear market gets the better attention, and now the road is clear for a bull run, we may see some movement on this coin around 6K
Buy should be around the red pocket area with stoplosses @ 2170 and then take profits on the fibs, closure above 200 MA can take this past 8K so watch your postions.
good luck!
Salt Long Opportunity : BreakOutSince the beginning of May, Salt faces a downward trend till it showed an engulfing stick on the 1 day chart today. If this candle closes above the upper resistance trend line there will be a high probability to see a rally towards the next resistance fib levels at 4106 sats and above.
RSI looking very bullish and just volume needed a very small spike. Other than that it seems we will see a speedy rally upwards in short to mid term investment.
Possible Targets / Fib Levels
Target 1 : 3533 sats
Target 2 : 4149 sats
Target 3 : 4646 sats
Target 4 : 5144 sats
Long term Targets
Target 5 : 5830 sats
Target 6 : 6755 sats
Good Luck.
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SYS Seeing Multiple Points of ResistanceBINANCE:SYSBTC is hitting multiple points of resistance here. This is likely to be the top. We see resistance in:
BBand upper bound
200 day EMA
.382 Fib level
It will be very hard to sustain a rise, but, breaking of these 3 points (which would require much more volume) would leave the market with an empty field to run up in.
SYS hacked and sold on Binance!Coin of the day is SysCoin
What is SysCoin
The primary product of the Syscoin team is Blockmarcket, a blockchain powered marketplace "where you can securely and reliably buy and sell any items you wish". They position themselves as a future competitor to Amazon and eBay. Syscoin offers a set of technologies: a global network, a distributed ledger, a decentralized database and a blockchain.
Attack
Yesterday Syscoin was hit by an unusual hack that has manipulated the coin’s total supply. The attackers then sent the fraudulently generated coins to Binance and sold them, pushing the price of 1 SYS to as high as 96 BTC. The BTC they received was then withdrawn, prompting Binance to cease trading temporarily and to reset all APIs, which are believed to have facilitated the attack.
On Thuesday Syscoin blockchain is reported to be severely compromised. Binance and Syscoin Twitter feeds was pointing towards a Syscoin attack.
“We are investigating a possible issue on the Syscoin blockchain, nothing is confirmed but we have asked for exchanges to halt trading while we investigate.”
The most probable scenario of the attack includes stolen API’s which was used to buy-out the whole order book of SysCoin on Binance, and even pushed the price up to the 96 BTC.
User CRNBTC on Twitter noted that one of Binance’s hot wallets have become active again. He said:
“7000BTC moved out of @binance hot wallet after the syscoin api pump. binance has not issued any withdrawals since.”
Binance CEO CZ promised a full post-mortem after the exchange re-enabled trading on Wednesday morning. In an incident recap, Binance has promised to rollback irregular trades and offer zero-fee trading to irregular trading. The exchange tweeted the news accompanied by the #SAFU hashtag, in reference to a rising crypto meme spawned by a previous CZ typo in which he assured users that “funds are safu”. In March, Binance was hit by a similar API-based attack, on that occasion using Viacoin. Using compromised APIs, the attackers set ridiculously high sell orders on the victims’ accounts, dump their illicitly obtained crypto on them and then cash out. Decentraland’s MANA cryptocurrency also soared dramatically on Binance in a move that’s believed to be linked to the Syscoin API attack.
Technicals
There is no need to describe how SYSBTC price looks on the Binance chart. However, this situation triggered bots, which uses price differences among exchanges to get profit, this bots raised the price on Bittrex as well, not to 96 BTC though. The price spike pinched the 0.000055 level and then returned to the 0.000034 – 0.00004 zone. An overall pattern still looks like a rebound from the Bullish Trend Line and stays positive for now with support at the 0.00003 level and Bullish Trend Line and resistances at 0.00004 and 100-days EMA.
Syscoin Has Gone OFF THE CHARTS on Binance!Syscoin (SYS) has gone off the charts on Binance.
The charts can no longer be read... And it keeps on going UP!
Use the comment section for us to have some fun about this crazy 'pump'...
Your comments, likes, shares and charts are welcome.
Thanks for reading again and everyday...
Namaste.
SYS to the UpsideA break above the resistance line will confirm the RSI bullish divergence signal. Goodluck!
SYSBTC descending wedge bounceThe market has a good potential to touch the upper edge of the falling wedge. After breaking out of the triangle further growth is expected. The price will touch the first target then it will roll back a little and will go up again.
The price touched Fib 0.786 support level and is ready to bounce, indicators confirm it. Moreover the price is at the lower edge of the triangle and BB channel, if the price maintain this level there should be upward movement to the upper edge.
If the price goes below our STOP LOSS mention in the signal (the daylight candle will be closed below this level), we recommend to close the position and open it again with the same amount once it consolidates (we will inform you about it). However probability of the negative scenario is low
$Syscoin, $SYS Cloud 9
Monthly
Looking at our highest timeframe we see price seems to have formed a descending channel. Stochastic RSI showing momentum remain bearish, next major support level at 2000.
Weekly
Shifting over to our pattern timeframe we see price respecting downtrend structure, momentum heavily shifted towards the downside. SYS recently formed a lower high slightly below our 7000 resistance, expecting a lower low to be formed at our breakout support zone 2000 satoshis.
SYSCOIN: UBER ON THE BLOCKCHAIN? (BITCAB ICO) = 15.06% PROFIT!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 18th of June 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 15.06% PROFIT!!!
The increase in price may also be explained by positive developments including:
March 2: The Telegraph (United Kingdom Newspaper) publishes article aboyt Syscoin which states that "Syscoin is Bitcoin’s smarter, cheaper little brother".
March 3: Syscoin announces airdrop on the Syscoin network for CPS -1.71% coins as part of a social consensus mode. According to the website, “On March 17, 2018 a snapshot of all CoinPayments accounts will be taken. Each of those accounts will receive 100 free CPS -1.71% Coins and will also eligible for an additional 25 CPS -1.71% Coins for each new user referred.
March 8: Announce the release of Syscoin 3.0 on March 31st, 2018. This aims to add masternode support and support for z-dag (zero confirmation transactions).
March 10: Syscoin 3.0 Release Candidate 1 is released on the Testnet.
March 17: Syscoin releases update to Blockmarket. Blockmarket Desktop 1.2.1 update has the following added features: First-Time User Help and Bug Fixes
March 21: Syscoin releases update to Blockmarket. Blockmarket 1.2.2 updates the Flyp.me function.
March 28: Syscoin releases update to Blockmarket. Blockmarket 1.2.3 includes numerous bugfixes.
March 28: Richtopia notes that Syscoin moves up 13 places to #3 on the 'Top 100 Blockchain Organisations Worldwide'.
March 28: Binance lists Syscoin.
April 19: Syscoin 3.0 RC2 is released to Testnet.
April 24: Ledger announces that it is working to support Syscoin.
April 25: Syscoin announced masternodes launching on April 30th.
April 26: Coinpayments announces that it aims to support syscoin payment processing.
April 27: Korean Jew Crypto (Youtube Personality) has interview with Co-founder/CEO of Block Foundry.
April 28: Reuters interviews Blockchain Foundry Inc. creators.
April 28: Crypto Coin Show (Youtube Personality) interviews Blockchain Foundry Inc. creators.
May 1: Syscoin 3.0 Upgrade Process begins.
May 2: Syscoin 3.0 is Live.
May 3: Bittrex Exchange team has confirmed that #Syscoin 3.0 has been verified and is now online.
May 4: Blockchain Foundry Inc closes Business Combination with Tiller Resources Ltd creating a blockchain-based business solutions and consulting company. In connection with the Business Combination, Tiller changed its name to Blockchain Foundry Inc.
May 10: Syscoin Indexing Service: Syscoin 3.0 introduces a suite of new tools for creating custom #blockchain applications.
May 11: Blockchain Foundry Inc.($BFCN) to Commence Trading on Canadian Securities Exchange May 14th, 2018.
May 11: Syscoin releases new whitepaper for 3.0 release.
May 12: Litebit (Netherlands Exchange) lists Syscoin.
May 12: The Blocknet lists Syscoin.
M ay 15: Coinspot (Australian Exchange) lists Syscoin.
May 15: Syscoin releases an update to it's encrypted message service.
(NEW) May 18: Syscoin gets added to the Masternodes Online website.
(NEW) June 12: NEXT Exchange lists Syscoin.
(NEW) June 19: Syscoin launches the BitCab ICO on its blockchain. Bitcab is considered Uber 2.0 for the blockchain age, with stronger network effects and loyalty features, all enabled by a superior platform ecosystem, gamification and tokenized technological model.
These positive developments as well as a general recovery in the cryptocurrency markets have led to a surge in price of Syscoin.
*The "Crypto Bottom SIgnal" used in this analysis is included as part of the Crypto Trade Signals subscription.*
$$$Buy Alert$$$ SYSBTC Poloniex 24 Hour Volume Spike Above 20 MA***Trade with caution over the next few days because of the Memorial Day Weekend Holiday***
As the title says over the last day or so Syscoin volume has spiked over the 20 period volume moving average about 15 times. I’m looking to buy long and hold for the short-term to mid-term target of .00005414 where I will take half my position off and let the rest ride up to the .00006599. Potential target of 17.56% and 43.32% respectfully. Big gains ahead on many coins, tokens and projects.
Timeframe: This trade will develop over the next 3 to 7 days.
News: Syscoin has 95.50 BTC trade volume in the last 24 hours according to CoinMarketCap and their SYSCOIN 3.0 project is now live. They now have 3 certified blockchain products on Microsoft Azure and have the whitepaper up for SYSCOIN 3.0. Great concept, Solid project, 888 mil max supply. I like the opportunity on this trade.
Price Targets with potential profits based on .1 BTC. Adjust the BTC amount based on your trading plan. Plan for the worst and hope for the best. In other words plan to DCA every trade if you are HODL’ing and especially if day trading or swing trading. Always have a trading plan and always acknowledge your personal level of pain/risk and tap out when your threshold is hit. Some of the best traders on the planet are just barely better that 50% traders. The thing that makes them successful is they cut their losers short and let their winners run. None of my bullshit is trading advice. Lose your money that’s on you.
.1 BTC ÷ .00004605 = 2171.55266 SYS
Target #1 17.56% .00005414 x 2171.55266 SYS = 0.117567861 BTC
Target #2 43.32% .00006599 x 2171.55266 SYS = 0.14330076 BTC
!!!Public Service Announcement’s!!!
1. A special thanks to all for the fucktard whales, sharks and manipulators. Thank you for all of the chaos which is allowing us to enter at great pricing. Hey Jamie “Fuck You” you know who you are!
2. Ryan Coffey. You motherfucker! Go back downstairs in your mothers’ basement and jerk your tiny dick with your Cheeto dust covered hands and stop crying about $551.89. Are you fucking kidding me? Buy low sell high! You have no business trading crypto or any financial instrument. I hope Ripple fight you in court and at trial and they win court costs against you.
3. On Friday, May 25th, 2018 Team McAfee published the Declaration of Currency Independence currencyindependence.com which is a pledge of solidarity to unite the cryptocurrency movement and community! Everyone please visit the website in the link or search for it on your own. The time has come for us to unite and stand together against tyranny, oppression and slavery. Free yourself! Take the Red Pill bitches!
SYSBTCSYS prepares to break through the global resistance line, formed in the course of the last year
SYS- SYSCOIN- Airdrop CPScoin is coming- June 1st- 300% earningsHi Guys.
Once again thank you for all the support you're giving us!
Today we have a very interesting project for you.
Syscoin - this is fork of BTC. They use the same technology as bitcoin.
They offer near zero financial transactions and they are makretplace which offers business space and infrastructure to trade goods, assets, digital certificates and data securely.
Unlike other cryptocurrencies, Syscoin’s great value is derived from the decentralized services it provides directly on the blockchain. The blockchain powers all Syscoin services. It is a decentralized system of record hosted by a series of “nodes” on the Syscoin network.
It means their coin will be used in varety of bussines which makes the demand pression and as a result we may expect significant price rise of the coin (at least in theory).
They also offer encrypted messaging between participans, alliases to the wallet addresses (great option as wallet addresses are not memorable by humans ;)).
With Syscoin anyone can issue provably-unique certificates with text or ascii content to one or multiple parties on the Syscoin blockchain. These certificates can be authenticated by anyone via Syscoin’s cryptographic proof of work.
This allows for the creation and free exchange of a any kind of digital asset such as ownership certificates, warranties, receipts, tickets, certifications, diplomas, software licenses and more.
They have a strong team (19 team members) with Sebastian Cheips (founder - very experienced (ex. Oracle Project Manager) - www.linkedin.com) and Dan Wasyluk (www.linkedin.com) on board.
The have have nearly 70K followers on Twitter.
There is a Airdrop of CPScoin (June 1st) for holders of Syscoin. CPS is another interesitng project with strong team. More info here
coinpaymentscoin.com
Moreover Dan Wasyluk mentioned above is finding ways to add Syscoin to the Shapeshift.io exchange. SHapeshift is supporting dozens of tokens right now including Bitcoin, Ethereum, Monero, Zcash, Dash, Dogecoin, and others.
So fundamental analysis looks good.
Let's look on technical analysis and volume.
We broke MA100
Cup with handle shape observed - confirmed on volume chart
MACD bull's cross and double bottom shape
Weis Waves - explicit growth of demand and at the same time supply is almost spent - look really good - THIS IS VERY IMPORTANT.
Fibonacci levels:
1. 0.00005285
2. 0.00006379
3. 0.00007472
4. 0.00011032 (ATH)
5. 0.00016778 (new ATH)
If you agree with us please like our post. If you want to comment do it down below. Don't forget to follow us!
HUGS!
WBM Team
SysCoin - top gainer during the BTC drawback. Coin of the day is SysCoin.
SysCoin technology allows users to conduct low-cost transactions like Bitcoin and also acts as a medium for business trading, provides businesses the infrastructure for trading goods, assets, digital certificates and data securely.
The primary product of the Syscoin team is Blockmarcket, a blockchain powered marketplace "where you can securely and reliably buy and sell any items you wish". They position themselves as a future competitor to Amazon and eBay. Syscoin offers a set of technologies: a global network, a distributed ledger, a decentralized database and a blockchain.
Originally launched in late 2014 and created through a Bitcoin fork, the current version brings us to Syscoin 2.1 and has an algorithm that allows it to be merge-mined with Bitcoin. Merge mining is the ability for miners to simultaneously mine two different cryptocurrencies based on the same algorithm.
For now, it’s one of the cheapest cryptocurrencies regarding transaction fees (behind zero-fee transaction cryptocurrencies NEO and NANO), even cheaper than Ripple.
Syscoin is present in the industry since 2014, relatively long for blockchain companies and has a fully functional product.
Latest events
Added to the Shapeshift.io. Shapeshift is popular cryptocurrency exchange platform.
Technicals
Bottomed on the 2018.04.05 testing the Bearish Trend Line once again. SYSBTC global pattern bottomed on the 2017.12.08, since then the coin is rising, drawing each retracement bottom higher than previous, which fits into a bullish bias. Having bounce off from the Bullish Trend Line the coin crossed 100-days EMA and 0.00005 psychological level, aiming to test Bearish Trend Lone once again. A breakthrough above the Bearish Trend Line and 0.00006 level will be a signal of the new growth cycle beginning. 0.00005 level must stay strong to support the growth scenario.
Syscoin: NEW DEVELOPMENTS - 24 HOURS = 40.89% PROFIT!!!Our " Crypto Bottom" Signal has correctly identified a buy in point on the 16th of May 2018.
Using this buy in point and selling at today's peak price, you would have expected to net 40.89% PROFIT!!! in 24 HOURS
The increase in price may also be explained by positive developments including:
March 2: The Telegraph (United Kingdom Newspaper) publishes article aboyt Syscoin which states that "Syscoin is Bitcoin’s smarter, cheaper little brother".
March 3: Syscoin announces airdrop on the Syscoin network for CPS coins as part of a social consensus mode. According to the website, “On March 17, 2018 a snapshot of all CoinPayments accounts will be taken. Each of those accounts will receive 100 free CPS Coins and will also eligible for an additional 25 CPS Coins for each new user referred.
March 8: Announce the release of Syscoin 3.0 on March 31st, 2018. This aims to add masternode support and support for z-dag (zero confirmation transactions).
March 10: Syscoin 3.0 Release Candidate 1 is released on the Testnet.
March 17: Syscoin releases update to Blockmarket. Blockmarket Desktop 1.2.1 update has the following added features: First-Time User Help and Bug Fixes
March 21: Syscoin releases update to Blockmarket. Blockmarket 1.2.2 updates the Flyp.me function.
March 28: Syscoin releases update to Blockmarket. Blockmarket 1.2.3 includes numerous bugfixes.
March 28: Richtopia notes that Syscoin moves up 13 places to #3 on the 'Top 100 Blockchain Organisations Worldwide'.
March 28: Binance lists Syscoin.
April 19: Syscoin 3.0 RC2 is released to Testnet.
April 24: Ledger announces that it is working to support Syscoin.
April 25: Syscoin announced masternodes launching on April 30th.
April 26: Coinpayments announces that it aims to support syscoin payment processing.
April 27: Korean Jew Crypto (Youtube Personality) has interview with Co-founder/CEO of Block Foundry.
April 28: Reuters interviews Blockchain Foundry Inc. creators.
April 28: Crypto Coin Show (Youtube Personality) interviews Blockchain Foundry Inc. creators.
May 1: Syscoin 3.0 Upgrade Process begins.
May 2: Syscoin 3.0 is Live.
May 3: Bittrex Exchange team has confirmed that #Syscoin 3.0 has been verified and is now online.
May 4: Blockchain Foundry Inc closes Business Combination with Tiller Resources Ltd creating a blockchain-based business solutions and consulting company. In connection with the Business Combination, Tiller changed its name to Blockchain Foundry Inc.
May 10: Syscoin Indexing Service: Syscoin 3.0 introduces a suite of new tools for creating custom #blockchain applications.
May 11: Blockchain Foundry Inc.($BFCN) to Commence Trading on Canadian Securities Exchange May 14th, 2018.
May 11: Syscoin releases new whitepaper for 3.0 release.
May 12: Litebit (Netherlands Exchange) lists Syscoin.
May 12: The Blocknet lists Syscoin.
May 15: Coinspot (Australian Exchange) lists Syscoin.
May 15: Syscoin releases an update to it's encrypted message service.
These positive developments as well as a general recovery in the cryptocurrency markets have led to a surge in price of Syscoin.
The "Crypto Bottom SIgnal" used in this analysis is included as part of the Crypto Trade Signals subscription.
SYSCOIN possible reversal - BUYSYS seems to have find support in the 43 area and is starting to moove.
Keep it mind that this trade could be risky due to BTC moove.
SYSCoin - Buy on Daily Chart - Supported by 55 and 200 EMAThe 55 EMA on the Daily and the 200 EMA on the Daily are offering great support for a move upward on SysCoin.
- The 55 EMA is being crossed as well to the upside by the 9, 13 and 21 EMA's, a strong bullish sign on a coin which hasn't yet exploded.
- The RSI is strong, having climbed all the way up to the 60 area.
- MACD on Daily chart also has crept over the 0 line.
- Possible handle forming on a cup which started back in the first week of March
- Resistance at $0.53 lets see if we can break it.
BITTREX:SYSBTC
