Long
SYSCOIN may have a major breakout
SYSBTCSyscoin which is a fundamentally strong altcoin now rests at at a major resistance of 4740 sats. If it breaks above it it may have major run. A stop limit placed above 4800 satoshis to trigger a buy seems like it may have great returns in the short and medium term
Order cancelled
The BUY stop limit has never been reached therefore and a 4.2% loss avoided. The beauty of stop loss. If it make a higher low that will be even a better entry point as long as the general altcoin market is still bullish.Note
48h later it did cross and took off
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follow me on Twitter @HungryforFA
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.