SYSBTC trade ideas
SYSLong-term deal
Now the price is at the strongest support level has been tested more than once 2000 Satoshi
First: Buy better than current prices, and place pending sale orders
The targets start from 3000 Satoshi to 9000 Satoshi
75% of the purchase price is sold and 25% of long-term goals are maintained
Second: placing outstanding purchase orders at the following prices 1400 Satoshi and 900 Satoshi
We calculate the decline so that we consolidate the purchase (a non-binding trading strategy for you)
Third:Those who want to use stop loss at 1800 Satoshi with a loss ratio of 10% of the 2000 Satoshi purchase price
The expected profit ratio of 350% starts from the price of 2000 Satoshi to 9000 Satoshi
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 pumped to 96 btc, bull signal 2 days priorWow SYS, this will go down in the history of crypto. Pumped to 1 SYS = 96 BTC on July 4, 2018. Weak bullish signal detected 2 days prior to pump, on July 2 when price was just 280. Then Strong bull signal detected, a day after on July 3, when price was 290. Then it was pumped on July 4 - slowly at first, then reached 1btc then ultimately 11 SYS sold for 96 BTC EACH.
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.
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)Syscoin (SYS)
-Above Bullish trend work as support line for sys since long time ago
-0.236 Fibo good quarter level to make price show rebound
-S3 Support last Support of Pivots
Buy around 0.00002884 / 0.00002652
Targets
0.0000322
0.00003578
0.00004252
0.00005157
Stop_loss:
Close below 0.00002410 Daily
Risk / Reward
8% / 95%
Invest : 5 %
we ask Allah reconcile and repay
$Syscoin, $SYS Cloud 9
Monthly
Looking at our highest timeframe we see price seems to have formed a descending channel. Stochastic RSI showing momentum remain bearish, next major support level at 2000.
Weekly
Shifting over to our pattern timeframe we see price respecting downtrend structure, momentum heavily shifted towards the downside. SYS recently formed a lower high slightly below our 7000 resistance, expecting a lower low to be formed at our breakout support zone 2000 satoshis.
SYSBTC Long to 0.0000488 - 15%-20%Chance to get a 15%-20% trade. Not too big of a trade but good probability.
Let's wait and see how the daily finishes.
RSI seems to have found some resistance and shows some hidden bullish divergence forming.
Nice bullish pattern forming into July. Will update more when we are finishing the pattern in July
SYSCOIN..remember i told you when no one else!Hello guys,
Here's a simple but precise 1D chart of syscoin.
I have kept the chart clean,its pretty self-explainatory.(my analysis style tho)
I m a LONG TERM PLAYER, this chart will give u a pretty good idea what and when u shud do what.
POINTS-
I have done my studying analysis behind the coin background,seems good!
What i see here is a great potential for this coin to grow in near days to come.
since the btc is melting the alts will follow too.
I have told previously i do expect btc to 6650$. if lesser then to 4000$ who knows!
CHART-
The perfectly placed trendling converging abt to make a breakout.
PRICES GOIN DOWN-
As you can see from the 1D chart above,it seems pretty clear,i have stated clearly the main support and resistances.
Since the btc is melting and the alts following, do expect the test of the trendline,if even lower then the rectangular box u see down there.
Now guys i have told u i am a long term player,its just keeps thing sorted.
if the prices go down it will be a great oppourtunity to fill the bags.
PRICES GOIN UP-
On the upward side ,there's a resistance at 5603sats, a small correction then straight to coloured box above,a small correction then touching the ATH.
MIDTERM TARGETS(SOON)-
7495 SATS
8458 SATS
LONG TERM TARGET-
22000 sats - 24000 sats
I personally EXPECT THE PRICE TO GO TO 1.7$
GOOD LUCK IN TRADING.
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