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SYSBTC trade ideas

Daily Equilibrium Pattern + Potential Oversold BounceToday marks the 6th candle of the equilibrium pattern. I bought a position at 2600 satoshis and looking to exit at 3000 satoshis. Watch for a break of the support/resistance levels. Expecting this pattern to break bullish since the RSI levels were so low recently. Good luck everyone! DISCLAIMER: I'm relatively new at TA and I appreciate any and all feedback/comments/criticisms! Hope my insight helps someone out there :)
Long
by FatMoneyBagz
$SYS 1D candles$SYS is a great coin to be holding. Masternodes are coming in, project fundamentals are great. Attacking a giant market with basically no blockchain competitors. Huge volume as well. I see two scenarios for it. A) It will drop below 2 week upward support line and form a double bottom before pumping up to the target box. You can see a similar pattern right before previous pump (Double top, double bottom, then pump) B) It will bounce off this support line in the next 1-2 days and break out with strong upward movement and within 1-2 weeks reach the target box (+70%)
by js7745
1
Inside Bar Break + Ascending TriangleYesterday, Syscoin broke its 4x inside bars and ascending triangle upwards with its green candle. It reached a peak of 3.8k satoshis and has pulled back a decent amount. Despite the pullback, I believe there is still plenty of room for upside. I have just bought a position at 3.4k satoshis and am looking to scale out my position at 4k -> 4.5k DISCLAIMER: I am relatively new at trading. I have been watching the market since the beginning of this year and started learning Technical Analysis about 3 months ago. Please feel free to give me any feedback or criticism! I appreciate any and all comments :D
Long
by FatMoneyBagz