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SYSBTC trade ideas

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.
Long
by RexDogActual
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.
Short
by DeBaas
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.
Long
by DestinationMoonCrypto
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.
Long
by Trader-Elisa
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).
Long
by mondo3