SYSBTC trade ideas
SYS Feeling Power For Moon!$SYS is not a trash coin. They have amazing working developers and projects. They are going to release block market in 5 days and after than this blockmaster, they will be releasing masternodes.
Do you remember how STRAT gone %600 within stratis masternode release. Same thing is going to be happen. Take your ticket for SYS train before it touch moon.
SYS looking like to be forming an ascending triangleSYS could have formed an ascending triangle. Generally bullish, MA, RSI and ICH all appear bullish still. If candle wicks are taken into the lines, could be a falling wedge which is more bullish.
If it breaks 7300-7350 resistance area it could be a great buy in. Buying could be done on the bottom of the support trend line with caution and tight stop loss for maximum profit.
Syscoin cup & handle?SYS looks to have topped out for the meantime. looks to me like a nice cup & handle may be about to form, but I could be wrong - this is just a thought. if it does form, enter a long position at the bottom of the handle for maximum profits. could be a 4x gainer in the coming month or so.
Syscoin part of the lightning network"With the Lightning Network, eventually atomic swaps between coins like bitcoin, litecoin, vertcoin, viacoin, and syscoin will become available. Atomic swaps eliminate the need for exchanges such as ShapeShift, allowing you to instantaneously swap across blockchains."
btcmanager.com
Your'e welcome.
Lots of potential growth here.
SYS is close to the bottom, high rewards with litte riskSYS is looking pretty good right now if you are looking to make an entry. Although there is a descending triangle which is usually bearish, the RSI shows oversold and the SMA has crossed over (at least for now) so those are some good signs. With WAVES, ANS and other high profile alts making nice gains, once people decide to take profit on those...i feel that SYS will be one of those coins profits will go into.
SYS coin is still down more than 50% from its ATH of 9800 but very close from its recent trend bottom of 3100 (about 15% away). Its not one of those coins that will go 3-5x but theres no reason to think you wont be able to make good profits from it in the near future.
Support 1 - 3700 at FIB line
Support 2 - 3450
Bottom Level - 3060
Resistance 1 - 4935
Resistance 2 - 5500
If it breaks the descending triangle, expect a nice surge to at least 4700