Sys / Usdt BINANCE:SYSUSDT
Certainly! Here’s a simplified explanation of your analysis:
### **Current Situation:**
- **Price:** 0.1065
### **If the Price Holds:**
- **Next Resistance Level:** 0.1162
- If the price remains stable around 0.1065, the next significant level to watch is 0.1162. This is where the price might encounter resistance or struggle to move higher.
### **If the Price Falls:**
- **Support Levels:** 0.090 and 0.060
- If the price doesn’t hold at 0.1065 and starts to drop, 0.090 and 0.060 are key levels where the price might find support. These levels could act as a cushion, potentially preventing further declines.
### **Bullish Outlook:**
- **Potential Uptrend Targets:** 0.143 and 0.170
- If the price continues to rise and shows a bullish trend, the next target levels could be 0.143 and 0.170. These are higher levels where the price might aim to move if the bullish momentum persists.
### **Disclaimer:**
- **Note:** This is not financial advice; it’s an analysis based on current price levels and potential future movements.
SYSUSDT trade ideas
SYSUSDT(Syscoin) Updated till 19-08-24SYSUSDT(Syscoin) Daily timeframe range. it had a huge retrace from its local low. but selling pressure took over and failing to takeover above 0.1470 will trap above level bag holders. staying over 0.1470 can give PA another chance to push. recent support at 0.1006.
SYS / USDTBINANCE:SYSUSDT
Given the current price of 0.1621, it's essential to monitor key levels for potential market movements. If the price remains above 0.1621, the next significant resistance zone to watch is at 0.2103. Resistance levels are areas where selling pressure tends to increase, making it challenging for the price to continue rising. If the price approaches 0.2103 and struggles to break through, it might face a reversal or consolidation. A successful breach and sustained move above 0.2103 could signal a continuation of the upward trend and open the door for further gains.
On the other hand, if the price fails to hold above 0.1621 and begins to decline, it will test lower support levels. The first support level to monitor is 0.1333. Support levels are points where buying interest typically emerges, potentially halting the price decline. If the price falls below 0.1333, the next support to consider is 0.1111. A drop below 0.1111 would indicate significant bearish sentiment and could lead to further declines. Traders use these levels to gauge market direction and make informed decisions about buying or selling based on price action at these critical points.
Disclaimer : I am not Financial Adviser
Syscoin Massive Bullish Breakout Confirmed (Short-Term Move Map)Look at the volume on the last two candles... This is the start of a strong bullish wave. This high volume on the daily timeframe fully confirms so. We are looking at SYSUSDT.
You can find the SYSBTC trade-idea with 1,500% potential mapped —here .
Now, this is only a short-term move shown here but it can give much more. Seeing the strength of the correction, the fact that it went beyond 100% compared to the previous low, means that all weak hands have been removed and thus no sellers. (Now, after a rise corrections can always develop...)
Since an all-time low has been hit recently, 5-Aug., it is likely this is the start of a major bullish phase. Or it can turn out to be a strong bull-trap, a small wave to trap bulls before a major crash... It is early but trading opportunities will continue to develop. Timing and discernment is key.
The altcoins market is heating up.
We will see this pattern repeating all across, over and over, again and again.
Thank you for reading.
Namaste.
#SYS/USDT#SYS
The price is moving within a bearish channel pattern on a 4-hour frame and broke it upward after adhering to it significantly.
We have a downtrend on the RSI indicator, and it has been broken to the upside, and we have a trend to hold above
We have a major support level in green at 0.1020
We have a trend of domes above the Moving Average 100
Entry price is 0.1050
The first target is 0.1116
The second target is 0.1170
The third goal is 0.1220
Syscoin, to revolutionize the uses of BitcoinSYS/USDT (Syscoin)
Sector: Bitcoin Ñodular Execution Layer
Market Cap: $150M
The Syscoin project aims to revolutionize Bitcoin by using its security model to build an execution layer on top of it and make it possible to build decentralized applications on top of Bitcoin. The project dates back to 2015 and is highly technical, but the team has never stopped building since the launch, and the project has always managed to break its capitalization records with each new cycle.
Graphically, we are on very interesting levels as we are retesting resistance levels in the accumulation range that formed during the Bear Market. And we still had a nice surge at the beginning of the year, testifying that investors are interested in the project
#SYS/USDT#SYS
The price is moving in a descending channel on a 1-hour frame, about to break to the upside
With a strong support area in green at 0.2000, from which the price has already rebounded
We have a trend to touch the Moving Average 100
We also have an uptrend on the RSI on which the price rests and pushes it upward
Entry price is 0.2066
The first target is 0.2200
The second target is 0.2400
The third goal is 0.2567
Syscoin | The Same Pattern Repeats; 333% Is Easy!Can you see the similarity of this chart with the many other Altcoins I've been sharing with you?
Sometimes I repeat the same drawings so the similarities are easy to see.
➖ First, this tells us that the entire market is connected; what one does, the rest follows.
➖ Second, this confirms that many pairs are set to turn green. Super green.
Bullish signals
➖ Three consecutive green candles.
➖ Trading above EMA50.
➖ Bullish Altcoins market.
➖ After years of consolidation it is no surprise if we see growth.
➖ Bitcoin near its All-Time High is always bullish for the Altcoins.
Potential goes like this:
1) 120% (Easy)
2) 225% (Easy)
3) 329% (Easy)
It can easily go higher because these targets are all easy.
Namaste.
SYS BUY SETUPIt seems that we have an ABC that the wave B is a diametric. There is only one G wave left from Diametric. The low risk place to buy is the lower green box. Wave C can advance up to supply
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
SYSUSDT - BULLISH OUTLOOKSYSUSDT is currently displaying a bullish divergence on the 1-hour (1H) time frame, signaling a potential reversal in the prevailing trend. Additionally, the price has successfully broken above the last lower high, and the market is now forming higher highs and higher lows, indicative of a bullish trend continuation.
Here's a brief technical analysis along with a suggested trading strategy:
Entry: Consider entering a long position at the current market price (CMP) of 0.1250.
Stop Loss (SL): Implement a stop loss order at 0.1180 to effectively manage risk.
Take Profit (TP): Set take-profit levels to achieve a 1:1 and 1:2 risk-reward ratio:
TP1 = 0.1320
TP2 = 0.1390
This trading strategy aims to capitalize on the expected bullish trend continuation. However, it's crucial to closely monitor the market for any shifts in price dynamics and be prepared to adjust the strategy accordingly.
SYS ANALYSIS (1D)Examining the chart, we can see that this symbol is inside a large diagonal whose F wave has now been completed.
I have identified the support area for the G wave and it is expected that the price will enter correction until that area.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You