Syscoin (SYS) Weekly Bullish Bias Comes Forth (300.00%)The low for Syscoin (SYSBTC) was hit back in August 2019.
Many altcoins that are now growing strong hit new lows, a sign of weakness yet, these are making huge jumps.
Now, SYSBTC continues with higher lowers for years, signaling that its bullish move might be stronger than these other altcoins (you can find them by visiting my profile).
As for the chart, we have all the classic bullish signals we normally look at and chart patterns.
The next target and additional information can be found on the chart.
Thanks a lot for reading.
Namaste.
SYS
Sys/btc just broke gaint falling wedgeSys/btc
Was in the downtrend inside gaint falling wedge since 96 days
Today sys come with strong bullish green candel and just broke the falling wedge
If you are looking for buy then the best area
Will be after retest the trendline or horizontal support (previous accumulation zone) between
370-345 sat
the target will be around 580 sat or more
This is not financial advice
Trade at your own risk
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Show your opinion in comments
Good luck
SYSBTC Possible fakeoutSo, currently I keep eye on SYSBTC, that coin is is hype beast, it can easily release any news in 1-2 days time and price can easily pump.
I consider recent breakout from triangle as possible fake, though daily closed under 900. Take a look once at IRISBTC, it recently broke uptrend channel, but 1 good news pumped it ~90%.
That's mostly my personal opinion and not too much of TA.
On the other hand, there is good hanging man on 4H, which can possibly lead to some short term gains. In any case keep your stop-loss tight, around 870-880 and as usual targets are Fib levels.
Good luck !
SYSBTC Breaking OutSo, basically SYSBTC is moving in triangle from last week, and possible scenario for me is breakout towards top, as it already broke white resistance line, the only thing left is to break from yellow triangle and expect rise till 1450.
Stop loss around 920 if it breaks from triangle. Good luck !
SYS Syscoin Retracement levelsAfter a 600% rally, i`ve extended the Fibonacci Retracement tool to see the levels in which we expect a bounce, the most expected being the 0.618 level.
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
That is why you do not go FOMO mode on cryptocurrencies Hello, traders.
See how to identify overbought charts with Bollinger bands indicator.
Bollinger bands consist of three lines that plotted in the chart. The line in the middle is usually a simple moving average configured for a period of 20, typically default for Tradingview.
The up and the low Bands are defined at two standard deviations away from the central MA.
Whenever the price is away of the standard deviation of the Bollinger bands, up is a sign of overbought rate and down is a sign of oversold,
Take care to get into assets outside the top and bottom bands.
Note, RSI above 80 is a good indicator showing overbought signals; combining these two indicators can make you do not enter FOMO in some assets.
Syscoin (SYS) Buy Zone | Going BullishThe same EMA200 level we just looked at on the IOTXBTC chart (visit my profile), has been activated here on the Syscoin (SYSBTC) chart.
The green rectangle is the "buy zone". Remember to have a plan if you decide to trade.
Conditions for change
If prices break below EMA200/EMA100, we still remain bullish but a retrace will take place.
Everything above 0.00000200 is bullish for us.
Below 0.00000200 we go bearish.
The potential scenarios and targets are clearly marked on the chart.
The indicators, signals, and market cycles are all pointing bullish.
Namaste.
$SYS, Flipped ~330 sats resistance into support$SYS
Flipped ~330 sats resistance into support & now is pushing upwards w/ slightly increasing volume
If BTC helps we may get another entry opportunity at support (aim as close as possible)
As target 400/450 may work. UCTS showing buy signals at almost every timeframe
#SYS
Syscoin Gains Momentum | Next/High Targets Mapped (144%/215%)Syscoin (SYSBTC) is now gaining bullish momentum so we can direct our focus to the next targets.
The 0.786 Fib. extension was hit today, so on the next move, we aim at the black dashed line (0.00000453).
If this level can be conquered, we look at 0.00000610 followed by 0.00000863 for up to 144% in potential profits... Much more is possible mid-term for Syscoin (SYSBTC).
If you want to look at the indicators and chart signals, check my previous analysis below | Jan. 1, 2020:
Thanks a lot for reading.
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Namaste.