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SYSBTC trade ideas

SYS/BTC Cup and Handle FormingThe SYS/STC pair appears to be forming a cup and handle. With the rebranding coming, it is likely this pattern will complete and the price will take off. My target buy in is at 3850, stoploss at 3600 where there seems to be some weak support. For those willing to risk more, a stoploss at the stronger support of 3400 would be appropriate. Targets at 5000 and 7000. Of course, if the bitcoin price takes off, there is a chance this alt will tank with all the others. I suspect the BTC price will drop in the next few days, leaving the door open for a short term rise in alts. THIS IS NOT FINANCIAL ADVICE. USE THIS INFORMATION TO MAKE YOUR OWN TRADING CHOICES.
by snowbeast745
$SYS going up$SYS already had 2 nice legs up after the breakout and kind of bounce from long term support (yes it went under due to extreme btc bull but that is ok) next leg target is the green area If you like my posts and want to support me please use my ref links below: Deribit: A reletively new European (Netherlands) based exchange. Atm only $BTC futures and options. Soon $ETH as well. Still in Q4 $BTC and alt spot trading starting with erc20 tokens and more alts to follow. Super low fees, maker fees are even -% so you get payed! Super fast trading engine, no fucking lags! www.deribit.com Bitmex: Gives 10% discount on fees for first 6 months! www.bitmex.com Bitfinex: gives 10% discount on fees for first month! www.bitfinex.com
Long
by Iambart
SYS BTC | Breakout Imminent | UptrendGood Buy Broke out downtrend Close to bottom support Uptrend on its way MACD showing strong buying momentum Stoch RSI shows selling power is quite strong which could mean moving down the channel a little more High Returns Bad Buy Volatile BTC movements If fail to break out red resistance line Buy Region 2600 - 3000 satoshis Sell Region first target - 4000 Second target - 5000 Long term target - 8000 Stop Loss 2000 satoshi Overall, I think this is a good buy for the long term. At the bottom support. Low risk but high returns. Do your own research!! All the best!! :D
Long
by isaaczcrypto
1
$SYS syscoin looks promising a bit lowerSyscoin retraced a lot recently and bounced from the blue box and shows strength and might be one of altcoins which go up no matter what btc is doing. It just broke out of the downtrend and currently correcting this with growing volume. I'm expecting some more downside and maybe a retetst of the trendline where I will decide to buy or not. Syscoin has some good developments coming, also masternodes coming in November which all might lead to a nice move up towards previous high. Trading advise: wait for completion of current, looks like its forming an ABC correction. If it gets towards trendline, try to buy when it shows strong bullish priceaction
Long
by Crypto_Ed
9