SYSBTC trade ideas
SYS Heading to Strong SupportSYS is Going to The Strong Support Zone and a Breakout
Strong Support Level : 212 - 276
Its a Good Buy Zone For Us. I Doubt That It Will Break Support Because RSI is Oversold.
Targets are : 350-400-450-500+
My Stop loss is at -7% From Buy / Support.
✅RSI : BULLISH
✅MOM: Bullish Momentum
❌SMA: Price Below SMA Bearish
✅ADI: +DI >DI BULLISH
✅MACD: Bullish
✅PSAR: Bullish
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SYSBTC Engulfing SignalDear Subscribers,
Today, our Engulfing Automatic Strategy detected the trend reverse with potential growth in the price of SYSBTC.
The price broke the resistance line, which in total with the increased bullish pressure, demonstrated by Accumulation/Distribution Indicator, proves the reverse from the uptrend to downtrend. The Ichimoku Cloud is also confirmes this conclusion.
We expect the 4.1% price growth from 0.00000387 to 0.00000403. The alert was automatically executed by SkyRock Signals trading bot.
SYS/BTC (Test Previous Major Resistance?)💎Technical Analysis Summary💎
BINANCE: SYSBTC
-Syscoin is on a strong sell-off after the blow-off top
-Since there is no logical support built during is pop
-The price decline is expected fast too
-The important level need to be watching is at 380-340 range
-This was a previous key resistance area before the burst
-So there is a good chance we can expect a bounce reaction
-I recommend waiting for any Bullish sign if the price reaches this level
-This will increase the probability of a temporary relief rally
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SYSBTC Possible fakeoutSo, currently I keep eye on SYSBTC, that coin is is hype beast, it can easily release any news in 1-2 days time and price can easily pump.
I consider recent breakout from triangle as possible fake, though daily closed under 900. Take a look once at IRISBTC, it recently broke uptrend channel, but 1 good news pumped it ~90%.
That's mostly my personal opinion and not too much of TA.
On the other hand, there is good hanging man on 4H, which can possibly lead to some short term gains. In any case keep your stop-loss tight, around 870-880 and as usual targets are Fib levels.
Good luck !
SYSBTC nice 4h breakout 🦐SYSBTC nice 4h breakout, we are waiting for a retest and According to Plancton's strategy, we can set a nice order
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Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.