Huge potential on syscoin sys/btcLast time we had a golden cross on the daily chart, 3/4 year ago, syscoin gained x10 in value. The golden cross has happened again lately and fundamentally there are some big releases coming soon to syscoin. Blockmarket web 2.1, masternodes, anonymous transactions and a lot, lot more. Syscoin has been moving under the radar for a while and is now sitting at number 81 according to its marketcap. In my opinion its a coin which belongs in the top 20, if not top 15.
For further explanation on the fundamentals you can read this article:
medium.com
Good luck!
SYS
SYS long term hold but maybe not a buy yet for max roiOkay so I have a friend who put sys on my radar, lots of good news coming out about this in the coming days and weeks so the down trend that we are in right now could switch. This is purely TA and not much FA but keep in mind they do have some announcements coming out soon.
However looking at a short term time frame we are rallying a bit, possibly because BTC stopped pumping as of now and most alts are pumping... if we can close above 0.00004900 then we may be heading up sooner and I will have to adjust my buy level. Currently my buy level is around 0.00003000 but I may buy soon and average down if it keeps going down. I cant see it going much lower than that. If we can continue the pattern we have been seeing and also crush thru the falling wedge then I think the next stop will be up at the ATH level shown on the chart. Let me know what you guys think Ill be updating this post as i see fit. Hope yall are crushing it today.
SYS Trading Idea & 2018 Price ProjectionRight around the height of "Altcoin Mania" in June 2017 $SYS hit it's all-time-high vs. $BTC and has been trending downward through Q3 & Q4.
Based on several project related updates scheduled for Q1 of 2018, I suspect we will see $SYS return to previous highs and potentially continue to move upward from there.
I expect $SYS will break through the long term-resistance trend line eventually, and as the release of the Mainnet + Blockmarket gets nearer, along with the addition of Masternodes as an incentive to invest in and hold the token, I expect we will see fireworks.
For more information on Syscoin go to:
syscoin.org
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.