SYSBTC trade ideas
SYSBTC about to break resistanceSYSBTC in my opinion became a buy on December 18th as it passed through EMA30 and all the way to EMA240 on the 1 Day chart. I got this information from another location but based on my own analysis, I am providing these modified targets.
SYS / BTC
BUY BETWEEN: .00006000 - .00006200
SELL TARGET 1: .00007100
SELL TARGET 2: .00008400
SELL TARGET 3: .00010500
STOP LOSS: .00005800
SYS ANALYSIS FEBRUARY 10 , 2018The price moves in a bullish channel, facing a strong resistance zone that has been tested more than once between 0.00006597 BTC and 0.00007200 BTC
If the resistance zone is breached we expect the price to result in 0.00008120 BTC and then 0.00009170 BTC
In the case of a breach of the ascending channel, the prices will move down to the support area of 0.00005237 BTC
Then 0.00004000 BTC
SysCoin(SYS) - GOLDEN CROSS (Bittrex/Poloniex)Fundamentals :
Sys will be releasing Blockmarket web & Desktop by 31.jan
Mainnet release by 28.Feb.
________________
Chart :
Formation : Both daily and the 4h chart are in a ascending triangle, the daily chart is also in a bullish symmetrical triangle.
Indicators :
First of all we will start with the Golden cross , on the daily chart (on bigger scale) Sys's 50 MA has crossed both the 100 and 200 MA line. so we're going to be on a bullish trend for a longer period of time.
MACD - daily seems like its preparing to curve up, 4h chart and under has the MACD already crossed and it's going up. seems like it's taking a sharp turn upwards too!
RSI - both on daily and 4h seem like they're moving strongly upwards.
________________
Buy under 0.00006460 - second buy-in zone will be after we break the triangle and close above it.
TARGETS :
7212
7965
8560
9042
9444
10400