Syscoin To the Moon!
Weekly
Price Structure showing a huge bullish flag has formed.
Price has formed Higher High & Higher Low inside flag, looking to breakout next week.
Stochastic RSI shows momentum is heading towards upside.
Daily
Price has broke resistance @ 0.00004900 & tested for support.
Bullish momentum has slowed down on daily.
Expecting consolidation before next big move.
4Hour
Shifting over to our pattern timeframe we can price has found resistance @ 0.00005500
Minor support found @ 0.00005150
Expecting consolidation between these zones.
Break and close above 0.00005500 triggers trade.
Hourly
Finally looking over at our trigger timeframe we can see price is starting to tighten up preparing for a breakout.
Taking a look at our stochastic RSI we can see momentum is building in favor of the bulls.
SYSBTC trade ideas
Análisis Satoshi AlphaLa moneda SYS-BTC tiene un potencial de crecimiento de 4% este crecimiento se podrá ver de 1-3 días.
La información que comparte Satoshi Alpha es únicamente con fines educativos cada persona tendrá que ejercer su propio criterio
Stop-Limit Siempre recomendado.
Recuerden tener en cuenta los movimiento del Bitcoin ya que una señal negativa puede romper todos nuestros análisis.
SYSBTC Breakout AnalysisIn this video I share analysis of potential SYS breakout.
It just hit Binance and seems to be testing an upper end of a horizontal value channel. The last few days have also been in an uptrend. In this video I share both my short term and long term targets.
This is also a strategy I trade called don't try to be right... you can find that on my youtube channel.
I am not a licensed financial advisor in any way shape or form.
This video and everything I say about trading, cryptocurrencies, money, life or anything in general should not be taken as financial advice.
Everything I say or write is my opinion. Make sure you do your own research and base all your decisions on what you find yourself.
I’m simply stating opinions. I am not giving financial advice, trade advice, or any financial advice in any way whatsoever. Everything I write or state is an opinion.
I AM NOT A FINANCIAL ADVISOR.
SYS nice buyzone coming in. Bearish short term (2 - 3 days)Looking at SYS/BTC chart it seems a symmetrical triangle is formed on the RSI indicating a possible continuation of the bearish downtrend.
Mayor support levels at 3700 and 3500 sats are coming up. I would put buy orders at 3500 sats.
In the last 9 months, Sys has peaked above the 7000 sats range 3 times, looking like it's getting ready for wave 4.
Selling half on a double if you buy at 3500 and keep the other half for a possible new ATH.
Stoch RSI also looking to go down for the near future. Give it a day or two to reach either 3700 or 3500 sats. After that it should bounce, or else it's going to be a pretty steep downfall.
SYSBTC (Volume Analysis Prediction 3/28/2018)The coin does not correlate with the market
So it has the opportunity to grow, regardless of the market
It's worth remembering that the downtrend is not broken yet, be careful
Entry point: 0.00005297
Stop: 0.00004963
Target1: 0.00006486
Target2: 0.00006818
SYS looking good and going upCoin of the day is SYS coin.
The main 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 simply 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, which proves the competence of the team.
SYSBTC lowered under the pressure of the latest Bitcoin recession but stumbled on the 0.00004 level at 18.03.2018. The currency pushed off from the 0.00004 support but did not manage to break above the 0.00005 resistance. The coin stays in the uptrend bias and probably will test the 0.00005 resistance again soon. In case of the breakthrough of the 0.00005 resistance, next target will be 100-days EMA.
From the downside, 0.000045 and 0.00004 levels will play a supportive role.
SYSCOIN - Heaven or Hell?We are getting to a point where SYSBTC is going to have to make a big decision. It has been testing the .618 Fib Replacement mark 4 times now and the upward channel is running out of space. If SYS decides to break the resistance line then we are going to the moon.
This is not a buy or sell indication, just simple analytic tools to determine where we are at.
SYS is looking bullishSYS - price is sitting on top of the daily Ichi cloud (supported), and the Bollinger Bands are showing a squeeze inside of the Keltner Channel (indicates breakout up or down). There is bullish hidden divergence on the RSI and MACD with the latter coming up to a crossover. The price has formed a bullish pennant - buy point after it breaks the pennant or the 61.8% fib for safety. Keep an eye on BTC.
I read news of masternode launch and ICO a while ago. If this influences your decision please DYOR and confirm! Targets 8, 11, 14, 17.
SYS 1D - Breakout imminent, continued upward price movement.Trading idea for one of my favorite #altcoins, SYSBTC.
- All cloud metrics on the daily chart are bullish.
- Ascending triangle continuation in play.. volume profile is perfect.
- 50/100/200 EMA all bullish, with 50EMA acting as strong support.
- Lower TF bbands (4hr, 6hr) contracting, expecting a breakout soon.
- Strong bounce off horizontal support today.
- Fundamental catalyst - masternodes and mainnet due to release Q1 (before end of March 2018).