Long
SYS Coin in a bullish squeeze. Possible run up incoming.
Doesn't take fancy indicators and hours of analysis to see this highly probable trade. There's growing upward pressure as shown with the higher bottoms along the green trend line . But the pressure is getting squeezed in by the resistance at around 6000-6100 sats 0.93% , (the blue line).
Strong incoming fundamentals include; the release of 2nd version of Blockmarket, and SysCoin masternode moving from testnet to production in Feb, which will likely drive solid demand.
A strong break above the blue line, indicates a bullish trend continuation against BTC 0.49% and an opportunity for 20% and 50% growth as 2 possible profit targets. A break beneath the green trend line will likely mean a short term push downward (stoploss @ < 5000sats)
DYOR and check out my Youtube channel for more trades. youtube.com/channel/UChtoBI1K0tW2HMhkbLo5naA
Strong incoming fundamentals include; the release of 2nd version of Blockmarket, and SysCoin masternode moving from testnet to production in Feb, which will likely drive solid demand.
A strong break above the blue line, indicates a bullish trend continuation against BTC 0.49% and an opportunity for 20% and 50% growth as 2 possible profit targets. A break beneath the green trend line will likely mean a short term push downward (stoploss @ < 5000sats)
DYOR and check out my Youtube channel for more trades. youtube.com/channel/UChtoBI1K0tW2HMhkbLo5naA
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.