SYS
Syscoin Getting Close To Psychological ResistanceFollowing the previous idea on Syscoin , it broke above the upside target and continued to move higher. The question remains how fart it could potentially go?
Clearly there is a massive support at $0.33 level where previously was a resistance. This is also the price where the uptrend trendline was rejected, and price got extremely close to the 200 Moving Average, but without touching it went up again.
Closest support is now at $0.68 and from there SYS/USD should continue rising. The first very strong resistance is at $0.9 and it could potentially go to $1 psychological level. If it manages to break above the $1 then another 50% rise could be on its' way, where Syscoin target is seen at $1.47. Only a break and close below the $0.33 support could invalidate bullish outlook.
SYS breakout Sys made a top today in 5600 Area and now it is in support area in 4800
for risk trader : we can take it to the back top in 5600 and waiting for a breakout
there is a trend with resistant line in 5600 if it break it , it wil lfly to 6600 then 7200
for more safty : keep looking because it can go to the lower support area in 4000
SYS about to hit that next levelSYS only needs to go up past 5375 sats to continue its moon 2017 run. It's been a slow bull run for the day, but as long as we don't settle under that 5k sat line, we should see significant gains tomorrow.
SYS is in an uptrend!SYS is in an uptrend. BITTREX:SYSUSD
Cryptocurrency is in an uptrend.
Breakout is likely to the upside.
SYS: A Bull Rally Soon?After having retraced almost 100% since last massive rally, the chart shows a similar price consolidation as previous pre-rally consolidation. Price sitting at strong support and a bullish divergence on the MACD also helps. As far as fundamentals: master nodes soon, which could push the price to a new ATH.
Syscoin: An Interesting Investment OpportunityThe Syscoin 2.2 Testnet for Masternodes was released just days ago and is successfully being tested.
IN Q1 2018 the final version will be released. It will cost 100k SYS (at current market price: 21895 USD) to run a masternode. Masternodes provide very good, solid investment returns and are very in demand. Somewhere in Q1, 2018 the Syscoin team will release the beta web version of Blockmarket, which will be a lot more accessible and easy to use for the average Joe. I predict 300% ROI within 4 months.
SysCoinAt the beginning of the ascent, I noticed one of the candle patterns "morning star", which indicates a change in trend. RSI, MOM and cross MACD up wardly confirm this movement.
I recommend buying from 0.000036. If the price breaks the resistance level of 0.000045, it can go to 0.000068. I advise you to fix profits in parts.
Buy 0.000036
target 0.000045-0.000068
stop-loss 0.000025