SYSBTC trade ideas
SYSBTC in a search of a good entry pointAt the 3-hours timeframe we can see a formed triangle and a subsequent upward movement in a pattern of a Bullish Flag. Nevertheless fluctuations are too low to make a good profit and the market is too risky right now.
Currently indicators are bearish nevertheless Impulsive growth can bring the price to the top of the triangle and form a Flag in a Ichimoku clouds zone. However volume of trade is too low and there are no sufficient fundamentals to break out of the triangle earlier.
We recommend to carefully watch this coin, as in the short term it has opportunities to change the trend. Signals will be provided once the best entry moment will be found
SYSBTC BUY OPPORTUNITYThere are two ways to trade this coin either to place a buy from the given BUY zone or wait for the breakout of the Ascending triangle to buy the pull back.
Pattern detected are:
CUP Formation
Ascending Triangle
Bearish Channel
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
RED: Possible Support LEVEL
GREEN: SELL TARGETS
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[SYSBTC] Syscoin Steady Growth [580% PP]
Trade instructions Syscoin (SYSBTC)
Found the chart:
- The yellow square (our support / demand zone) goes back to early 2016. So this is a very, very strong support for Syscoin, we move up from here.
- Volume is yet to build up, action yet to start but the correction is evident on the chart; all gains were removed.
- We have a strong MACD bullish crossover.
- Bullish STOCHRSI and RSI coming out of oversold.
- Over 550% profits potential.
- With SYSBTC now trading above EMA50 and EMA10 on the daily time frame, after a long period of slow steady growth, I believe it will move up soon.
Buy in: 0.0000141 - 0.0000159
Next support:
(1) 0.0000131
(2) 0.0000121
Syscoin Targets:
(1) 0.0000171
(2) 0.0000195
(3) 0.0000221
(4) 0.0000247
Longer term
(1) 0.0000297 (Major resistance)
(2) 0.0000333
...
Stop loss: Close weekly candle below 0.0000111.
Capital allocation: <15%.
ENJOY YOUR WEEKEND
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Namaste.
SYS Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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SYS - LONG - TENKAN CROSSSysCoin looking good on the 1d chart, with a 1d Tenkan cross and the price currently resting on top of the Tenkan, this graph just looks like it could go crazy at any moment now. Sys has gone through a deep fall since July with no signs of recovery until now.
Entries: below 0.00001500
Target 1: 0.00001619
Target 2: 0.00001753
Target 3: 0.00001990
Stop Loss: 0.00001370
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$SYS, Rumba…
Weekly
Looking at our trend timeframe see SYS continuing to respect it’s downtrend with no signs of reversal. Support has been found at 1400 satoshis, however has failed to break and close above 1650 two times now. Last time price was this low was back in March 2017, where we had a radical run towards the upside.
Daily
Shifting over to our pattern timeframe we see price is stuck in a consolidation zone between 1400 and 1475. Today’s open was 1430, leaving us with a high at 1459 and a low of 1350. A daily close above/below either 1400/1475 indicates the direction of our next leg. Stochastic RSI showing momentum is in favor of bears, expecting price to continue to sell off towards 1200.
SYS targets for 7-22% profitTogether with all alts SYS has started its own uptrend. Now we are standing on 1700 support but looks a bit overbought which may result in falling back to 1630 (mostly depending on BTC). If not next targets will be 1820, 1970 and 2080 (7%, 15% and 22% respectively). Each target is potential support. Watch it closely as once it breaks the coin will fall back to previous resistance level.
Check out the daily chart for SR zones.
Good luck with your trades - trade on your own risk. I'm just practicing TA.
#SYS/BTC Looking like recent accumulation looking for some breakTrending upward still and above kumo support cloud, fisher crossing and starting bullish trend upward, CMF topside flip recent and accum/dist diverged, ADX above 25 with DMI bearish yet looking to cross soon.
Quite overview TA looks like may be good for an entry with some buying of the dips!
Buy: 0.00001600 area
Sell Target 1: 0.00001700
Sell Target 2: 0.00001743
Sell Target 3: 0.00001819
Sell Target 4: 0.00001942
SL: 0.00001444
Duration: 1-4 weeks
Risk: 6/10 | 8/10
Sincerely,
Scott
Cracking Crypto Technical Analysis
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I'm not a financial adviser. The information here is for education purposes. Trading and investing are wonderful things to do, and it's OK to take advice and to learn. I'm glad you're here right now reading this, educating yourself. Don't take my word as the gospel, and be careful. All investment and trading opportunities carry risk, I'm sure you reading this have the potential in you to profit from a careful trading plan, and wise investment choices. Do it right, do your research, and don't trade stupid. Very best of luck to you!
The only altcoin worth 96 Bitcoins :) Yes, the controversial SYS is back in uptrend. This is the same coin which spike up to 96 BTC per coin (of course that was some shady price action because of a system exploit).
Then it tanked back to 0.00002 immediately (which is to be expected) But the fact is that many bought that coin on higher prices and still holding, gives it chance to pickup pace again.
Hopefully Elliott waves will be on our side. And momentum indicator (4 hr) is also showing positive momentum shift after a long time.
There is a huge possibility of getting up to 0.000024 or even up to 0.00003. which is a whooping 10% + gain
Its a good investment for next few days.
My play would be to buy and hold for 3 to 5 % gains.
Place stop loss at 0.00002 or if you are more worried watch for a breakout below 55EMA.
Don't panic in spikes because this is a small coin and a victim of pump and dump.
Keep an eye on BTC , any altcoin analysis is done assuming no sudden extreme BTC movements.
Happy Hunting.
Note:- This is not a financial advise.
SYSBTC Fib retracement and BBSYS is a coin with great fundamentals. The price went down and was pumped again after consolidation.
According to Fibonacci retracement levels the price broke through 0.618 and tries to consolidate at this level. There are a lot of indicators which suggest that it will go up to Fib 0.5 level and higher. Ichimoku clouds act like a support while the price broke upward Bollinger Bands and MA levels
It is low risk trading opportunity, buy zone, targets and stop loss are in the Premium channel