SYSBTC trade ideas
SYSBTC this is the next target + next tradeI sold half of my sys from last trade at around 20% profit which was nice.
Im selling my other half there. Rebranding on the 31 december will put fuel on the pump for next few days I reckon.
Sorry im not too much active because im studying a lot for my exams right now
SYSBTC looking good hereI bought some sys on this ascending triangle's support, rebranding end of december will make SYS fly.
stoch rsi 4h is down crossing up and I spotted some whale activity in the orderbook which might pump it
SyscoinI was hoping this coin would pull back one more time before posting this, but it's looking pretty strong
There is lots of room to the upside here.
Fundamentally,
Syscoin has lots of good news coming up. It has a solid team and is part of the Microsoft Azure network. But DYOR. Here's some upcoming news that should accelerate the price.
Dec 31- Rebranding "Excited for the future of @BlockFoundry & #Syscoin, rebranding as mentioned in PR is all good and on track to launch in December"
Jan 31 - Syscoin is releasing a decentralized marketplace called blockmarket. Kinda like an ebay or amazon, but no middleman taking cuts. They're not the only ones doing this, but its a good thing they have coming "Blockmarket Web 1.0 & Desktop 1.x"
February 28th- Mainnet release for Blockmarket Web 1.0 & Desktop 1.x with Masternodes v1.0. Masternodes will be all the hype in 2018. Kinda like segwit was in 2018. Syscoin already has segwit enabled as well.
It's also worth noting that in order for anyone to own a masternode it costs 10,000 SYS. Masternodes help secure the network and in return the stakeholders receive payouts in SYS. This means that more people with lots of SYS are incentivized to hold onto their coins and decrease the coin supply because they will be earning a passive income. Less coins = Higher price.
Technically,
Syscoin has major divergence showing against the downtrend and price has been bouncing between the ending wedge pattern for 2 months now. If it doesn't rocket to the upside soon, we should hopefully see a healthy pullback to test any where between the .382 or as deep as the .882 of the current impulse. Ive marked with blue arrows.
RSI and stochastics are showing overbought and BTC is down, so it's probable we'll get a pullback if BTC decides to pump like it usually does. However, this market is highly speculative and news tends to push prices beyond their true values so it's hard to tell if it will pullback here.
As always DYOR and keep this one on your radar for early 2018. I believe even if you get in now and it decides to pullback you will still make a profit if you can hodl until February.
#SYS Breakout Possible ??? 5x Possible in 2018 ??? Lets see #SYS Breakout Possible ??? 5x Possible in 2018 ??? Lets see
#Syscoin Hug news in 2018
NEW! Syscoin decentralized mixing service is functional. Combining anonymous transactions to create anonymous marketplaces. To be released Q1-2018 with Syscoin 2.2 .
SYS - edge to edgeichimoku edge to edge move for SYS. also breaking bbands as it moved into the cloud. so pretty bullish and confident about it reaching top of cloud as target?
$SYS looking for a breakoutHuge accumulation period, interesting next weeks and at the breakout limit
SYS/BTC Back Above SupportAfter testing support at 2550, SYS has recovered and is in a good position for a possible swing northward. This is a risky play since there is a lot of resistance overhead but at the same time is a good opportunity to get in at support price.
Watch out for turbulence in the 3500-4500 zone but if it breaks out of that area the likely target is 6350.
SYSBTC SysCoin. FIB RetracementAll I saw today was real Fib Retracement till 0.618 level, we may see more retrace until 0.5 fib level, but it's 50%. In my opinion, orange curve movement may happen more than green one, because Stoch RSI is going downward. However, indicators are not right every time and we may see green movement.
Buy level 30-33. Stop loss lower than 30. Good Luck !
SYScoinIf we close above first line, we can expect small correction and then long move atleast to the second line.
So if price closes above I will BUY immediately and then if correction occurs, Im going to buy more in correction.
Possible breakoutSYS could breakout if this last test succeeds...
If there still weak hands in the market, it will need more tests until a breakout could happen
Whoever holds some SYS coins, you really should support the up rally until we reach a really big price
SYS is on Fire with golden cross formation!Believe in golden cross, get ready for huge green candles. I expect huge movements in these day.
SYS Possible Bullish ScenarioSys is still in a downtrend but support lines are holding strong. "First Green Line" was a former resistance and became support later and then support failed. Sys rejected to go down from red trend line and trying to break the "First Green Line" resistance again. We can see bullish divergence on the rsi. If sys breaks the "First Green Line", "Second Blue Line" seems to be the first target. If it fails and goes down from the red line, it would be perfect buy zone because of the fundamentals, but i dont expect this will happen. DYOR.
Trading idea for SYS/BTC LONG - Current price 3050 sats.In the 1H chart we see as Tenkan Sen is crossing above the Kijun Sen, it is a bullish signal. As this type of buying signal occurs above the Kumo (cloud), so we can be sure that this is a strong bullish signal. But BTC is showing high volatility, so we need to be cautious.
Now, we are waiting a the break up of the 3100 satoshis resistance.
Additionally, we have two additional signals from MACD + EMA and RVI. We can use MACD+DI as an extra confirmation method and now we can see a green point (buy signal).
The RVI also is indicating buy.
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Buy: As explained above. ~ 3105 sats.
Take-profit: You are free to decide, but avoid greed. See the graph for reference.
Stop-loss: ~ 2885 sats.
For maximum risk management on this trade, we also could move the stop-loss up with the Kumo, keeping it just below the bottom edge. For even tighter risk management, we could move our stop-loss with the Kijun Sen, keeping it 5 to 10 pips below that line.
Sys 15min chart This time looks like sys is formating ascending triangle for next bullish movement. Targeting 3800sat this time.
SYSBTC - E2E Trade and BeyondSYS has entered e2e territory on the daily MA cloud. I'm expecting price to move up through the cloud and touch the green FAMA edge.
SysCoinAfter bounce from support level, SYS will grow atleast to ~3800sat. Waiting for MACD & RSI confirmations for longer bullish run to ~5500sat.
Sys Coin Daily analysisThere's a head and shoulders on the daily. If it breaks the neckline it can fall to the 1.618 fiv level at 1231.
I'm new to this. This is not financial advice. Trade at your own risk.
SYS about to breakout?Here sys could be about to break out of this corrective downward trend line. Nearing levels of strong historical support. RSI nearing oversold. MACD crossed over on the 2hour chart.
