Syscoin Should Move Up 150%While producing higher highs and higher lows, Syscoin continues to trade upwards. The last correction down resulted in 70% decline, where price moved from $1 down to $0.3, where 161.8% Fibonacci support, as well as the uptrend trendline, have been rejected.
After rejecting the support SYS/USD recovered by moving up 144%, resulting in the break above the descending channel. The corrective wave down followed where 261.8% Fibonacci support and the upper trendline of the descending channel have been rejected, suggesting the continuation of the uptrend.
The strong resistance, confirmed by two Fibonacci retracement levels is located at $1.5, which is a 150% growth potential in the medium term. Currently, the price could consolidate between $0.5 and $0.75, which seem to be the accumulation zone.
Syscoin
Syscoin VS Bitcoin Confirming The UptrendSyscoin has been one of the strongest coins during the last few months correctional phase. While most coins have been losing to the Bitcoin, Syscon held its' value while the price was ranging between 5k and 7k satoshi.
SYS/BTC continues trading above the 200 Moving Average and managed to break above the downtrend trendline. During the past few days, it has been rejecting the 38.2% Fibonacci support, where the downtrend trendline acted as the support and has been rejected as well.
This could be the confirmation of the continuation of the uptrend sending Syscoin much higher from the current price. Although there are few strong resistance levels to overcome. First two are 8.2k and 10.2k satoshi levels where previously resistance was established. If they are broken next target would be 127.2% Fibonacci retracement level at 12.6k satoshi. Break above the final resistance will prove the long-term strength of Syscoin, which is a very likely scenario.
Syscoin Uptrend is Still ValidFollowing the previous idea on Syscoin , it found the resistance near $1 psychological round number, and after hitting $0.98 high, the price went down sharply. SYS/USD broke below the ascending channel and found the support at the lower trendline of the extended ascending channel after rejecting $0.3 low. At the same time price rejected the 127.2% Fibonacci retracement level applied to the corrective wave up, after channel breakout. Anf finally, the uptrend trendline has been respected, while previous support at $0.34 hasn't been broken.
The uptrend trendline and the key support at $0.34 are not broken as price failed to close below. This could result in a continuation of the SYS/USD growth, although 3 obstacles on the Syscoin way up should be watched.
50.0% Fibs ($0.63)
61.8% Fibs ($0.71)
76.4% Fibs ($0.80)
If any of the resistance levels will be rejected, the price could go back to $0.3 support area, the breakout of the $0.8 resistance should send price towards $1 level and if broken, the long-term uptrend should be confirmed.
S Y S C O I N / BTCSYSBTC
Rising wedge at the chart. TR1 our goal for this deal and then we can expect rollback with breakout the wedge. Be careful, price at the top of the wedge.
$SYS 4H Restesting Strong Resistance line$SYS 4H Restesting Strong Resistance line, might reject it for now and break in the coming days due to Binance listing announcement.
Syscoin BUY opportunityTechnically it is not a strong Buy signal, however there will be Syscoin masternode and hardfork incoming days. So, I would buy and hold until 25th of February. Be advise, this coin has already been pumped up to certain levels, but there is still room for another spike up. So, if you get in this trade, keep your bag rather small and exit when you feel good profit.
Analysis on SYS Coin $SYSSyscoin ($SYS) having mainnet release for Blockmarket Web 1.0 & Desktop 1.x with Masternodes v1.0 by end of feb and not only that, There will be a hard fork for the masternode release closer to the end of February/March as well. Higher think price will go up soon and on top of that, using TA, we can see a flag forming as well with price consolidating between 6200 satoshi range to 6500 satoshi range. It’s a bullish sign and a possible breakout might be happening.
Price now: 6200 satoshi
Recommended stoploss: 5500 satoshi
SYS / BTCSYS at the bottom of the channel, if it holds it can make a nice move up to 8000-9000 level.
BITTREX:SYSBTC
Something big is going to be happen with SYSBTCAs you can see the graph since december whenever the market crashed sysbtc doesn't hit its previous support level but forms a new support level.
Now a triangle is going to be formed.
People who are in this trade right now should set a stop loss according to their trade as a safe side
Best of luck :)
SYSBTC short retrace then explodes upAfter a short retrace, this pair should explode up to target box...
SYS Coin in a bullish squeeze. Possible run up incoming. Doesn't take fancy indicators and hours of analysis to see this highly probable trade. There's growing upward pressure as shown with the higher bottoms along the green trend line . But the pressure is getting squeezed in by the resistance at around 6000-6100 sats 0.93% , (the blue line).
Strong incoming fundamentals include; the release of 2nd version of Blockmarket, and SysCoin masternode moving from testnet to production in Feb, which will likely drive solid demand.
A strong break above the blue line, indicates a bullish trend continuation against BTC 0.49% and an opportunity for 20% and 50% growth as 2 possible profit targets. A break beneath the green trend line will likely mean a short term push downward (stoploss @ < 5000sats)
DYOR and check out my Youtube channel for more trades. www.youtube.com
Syscoin history is repeating itself once again, 25K+ sats! TA
Sys/btc just confirmed the breakout through this years resistance line. It bounced and is ready to move to new highs in 2018. Expected growth: 2016 flag breakout and more. Volume increase is indicating a X5-X7 rise in btc value. Ichimoku and Direction indicators are showing it's taking off any day now (Basic subscription....)
FA
Keeping in mind what's coming for sys in the next month(s), we can assure you that this will only be fuel on the fire for 2018 all time high (25k+sats and beyond).
Coming in Q1 are:
-The long expected Blockmarket Web (everyone with a browser will be able to make use of the benefits of crypto currencies through this web marketplace)
*Merchants are already confirmed with over a million SKU's (see blog to know which ones)
*Fiat gateway
*Import filter for ebay/amazon sellers will come live so any one can import their stock from these websites to BM Web
*Integrated escrow service
*Different in-build shipping options
-Masternodes (100k coins, Dynamic retur based on amount of nodes on the network sysnode.info , Seniority bonus, fee voting system like dash has)
-Total Rebranding of syscoin's/Blockchainfoundry's image done by ballistic arts (Video content, Logo redesign, Website redesign and more to be announced)
-Blockchainfoundry's listing on the canadian stockmarket ( will cause some buzz in the stockmarket sector and will probably attract new investors to syscoin aswell)
-Syscoin's API 2.0 including a hard-fork
For the rest of the year:
-Blockmarket Pro (anyone will be able to host their own marketplace front-end on the syscoin protocol)
*Real estate partnership already confirmed. Blockchainfoundry has been working with them since february 2017.
Link to blog article: medium.com
-Syscoin assets in combination with EVM (Like ico's, but each coin on a chain will be highly programmable)
*Cashing in and out at online Casinos without waiting for a long chain of slow confirmations or bank account transfers lasting days
Instant purchase of in-game tokens such as power-ups
*Green energy tokens representing kWh
*Instant token transfers among players in multiplayer games such as online poker
*A token can be colored (signed) with additional, unique data, such as avatar, special powers, etc., to represent a character in a virtual world. Tokens would be fully tradable. You could also trade your Alias that has multiple characters.
*Minting new coins to send and receive value (with pos-capability) and issuing ICOs on top of SYS
*Diamonds and jewelries: Each token can be signed with additional data to allow witnesses or notaries to verify each stage of the process that the diamond would go through; for example, mining, cutting, recutting, mounting, etc.
*Limited-edition products: hand-made music instruments, antiques, vehicles, etc. Each token represents one item and can include additional custom data such as serial number, color, and other features.
*All of these assets could be traded on Blockmarket, or a customized marketplace built on the Syscoin blockchain.
Useful links:
-Masternodes and token issuance: medium.com
-Masternode rewards: sysnode.info
-Slack invite link: join.syscoin.org
-Syscoin twitter: twitter.com
-Syscoin devs twitter accounts:
*https://twitter.com/sebschepis
*https://twitter.com/realSidhuJag
*https://twitter.com/BlockchainDan
*https://twitter.com/Keyare_
-Community written article: medium.com
-Syscoin to do list 2018: pbs.twimg.com
-Introduction to Blockchainfoundry (the company that created syscoin and the Blockmarket dapp on top of it.): youtu.be
-Roadmap: pbs.twimg.com
SYS - Buy OpportunitySyscoin is breaking out of a falling wedge. Targets are highlighted on the chart! Profit! Profit! Profit!
Syscoin The Hidden Gem 2018: HUGE OPPORTUNITY"The Most Undervalued Project in the Crypto World (Not for Long)"
"As compared to many other crypto projects, Syscoin with its $400 million market cap is incredibly undervalued as of today. Due to a long list of recent and upcoming events, such as the recent fund of 3.3 million dollars, Blockchain Foundry’s 2018 IPO, industry-shaking new innovations, breakthrough in transfer speeds, rebranding and marketing campaign; it is just a matter of months that this project gets incredible attention and catches up with most of the highly valued ones in the crypto space. Once this happens, a $10 billion market cap (25x projected price appreciation) will be just the beginning in the mid-term." by Steven Voros
Check him out:
medium.com
Other interesting contributions to Syscoin:
Syscoin -The Hidden Gem Of 2018
medium.com
Syscoin @syscoin Twitter
twitter.com
20k Sat target on syscoin sysbtc I charted Syscoin earlier, it is well known in crypto land that SYS will release its biggest developments in its whole history this year. A few of them: Masternodes, blockmarket web, smartcontracts, decentralized mixing services to combine anonymous transactions and to create anonymous marketplaces etc.
Fundamentally it is one of the best coins out there in which you can invest for the long term. In the chart I expressed a fib retracement box to show my targets on it.
Syscoin buy the breakout 65% profit! Low risk! 1000+ followers? Risk: Low
Please be advised that this is only an idea, so you are responsible for any losses yourself.
Dear followers,
First of all, thank you for following and liking my ideas. The number of followers is rising rapidly. I just started posting since December and it looks like I'll reach my first 1000 followers before March! You people can help me with this by following and liking my ideas. I really appreciate it (It's only one mouseclick) and I'll thank you by trying to provide you with better charts every day/week.
It looks like that Syscoin is ready for another breakout. We are trading almost 100% higher after our previous breakout and I think that we can do it again.
The MACD is almost giving a buy signal, and the RSI is also positive. It might be posibble that we will see a small pull back before the breakout.
Buy: If breakout
Targets:
Target 1: 0.0000790
Target 2: 0.0000880
Target 3: 0.0001069
Good luck!
Questions? Feel free to ask and your feedback is welcome!
