SYSBTC trade ideas
Sequential Bullish Gartleys Conf'd (both within a Mega Gartley?)
Confirmation of bullish gartley #1 reached $1 USD around Feb 1st '17
Confirmation of bullish gartley #2 reached astronomical heights ("flash pump") Jul 4th '18 (no matter the cause, must be accounted)
Perspective: This coin's all time low was ~$0.00013 USD in November of '14.
These two thoroughly confirmed bullish gartleys appear possibly nested within a potential "grand" (as I call it) bullish gartley.
I tend to delve somewhat into fundamentals, but I will keep this one brief and leave most of that to you. They are, in my view, positive. All I will say is the lows of past recent months are mainly the product of two factors: 1) bear market, 2) a precipitous drop likely resulting from some confirmed disinformation post-July 4th which was dispelled and retracted. Value now appears to be finding its recovery.
In summary, at the very least I will not be betting against this coin right now.
Disclaimer:
Trading decisions are your responsibility, not mine. Trade wisely and at your own discretion.
SYScoin Ascending triangle potential long from breakout. Ascending triangle breakout?? Daily close above 1450.
Syscoin / Bitcoin - 21 Feb 2019 - Trade 2 - HTFIf the prices manages to break the blue area, which is currently holding it down, i would buy on a retrest.
First target would be the yellow Supply area.
Please consider:
This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
$SYS Looking good...Potential ascending triangle as continuation$SYS Looking good...Potential ascending triangle as continuation of the trend
UCTS Buy signal active
Volume slowly increasing
EMA200/~1613sats as resistance
RSI & MACD flat for now
Targets in the chart, falling below the ascending trendline cancels it.
#SYS
Same pattern repeating in Crypto, try to play the one lagging...Many charts are currently looking the same in Crypto.
Look at $SYS for example. breakout from a falling wedge, spike in volume.
Then pullback, retest of EMA50 and push with volume again. I'm seeing this pattern a lot around my TA... Try to find the ones that are lagging #SYS
SYSBTC waiting for an upside break#sys is waiting for an upside break above 1350
Potential Upside Targets 1636 (28% Gains) with a potential extension to 2340 (83% Gains)
May take weeks to play out. Not suitable for Scalping
Bullish Bias invalidates if price breaks & close below Up Trend Line
