SYS
#SYS/BTC Looking like recent accumulation looking for some breakTrending upward still and above kumo support cloud, fisher crossing and starting bullish trend upward, CMF topside flip recent and accum/dist diverged, ADX above 25 with DMI bearish yet looking to cross soon.
Quite overview TA looks like may be good for an entry with some buying of the dips!
Buy: 0.00001600 area
Sell Target 1: 0.00001700
Sell Target 2: 0.00001743
Sell Target 3: 0.00001819
Sell Target 4: 0.00001942
SL: 0.00001444
Duration: 1-4 weeks
Risk: 6/10 | 8/10
Sincerely,
Scott
Cracking Crypto Technical Analysis
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There is a possibility for the beginning of an uptrend in SYSUSDTechnical analysis:
. SYSCOIN/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 31.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.090 to 0.055). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.090)
Ending of entry zone (0.055)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.140
TP2= @ 0.190
TP3= @ 0.250
TP4= @ 0.304
TP5= @ 0.34
TP6= @ 0.453
TP7= @ 0.584
TP8= @ 0.740
TP9= Free
There is a possibility for the beginning of an uptrend in SYSUSDTechnical analysis:
. SYSCOIN/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 31.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.090 to 0.055). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.090)
Ending of entry zone (0.055)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.140
TP2= @ 0.190
TP3= @ 0.250
TP4= @ 0.304
TP5= @ 0.34
TP6= @ 0.453
TP7= @ 0.584
TP8= @ 0.740
TP9= Free
SYSBTC Fib retracement and BBSYS is a coin with great fundamentals. The price went down and was pumped again after consolidation.
According to Fibonacci retracement levels the price broke through 0.618 and tries to consolidate at this level. There are a lot of indicators which suggest that it will go up to Fib 0.5 level and higher. Ichimoku clouds act like a support while the price broke upward Bollinger Bands and MA levels
It is low risk trading opportunity, buy zone, targets and stop loss are in the Premium channel
$Syscoin, 2018 Lows Or More To Come
Weekly
Looking at our trend timeframe we see price is currently bouncing off our 2000 support level. Price continuing to respect our descending wedge, momentum in favor of bears. Does SYS hold at our breakout support zone, or do we continue to drop towards our 1000 zone?
Daily
Shifting over to our pattern timeframe we see price formed another lower high at 2400, and once again at 2200. Stochastic RSI showing momentum is heading towards the downside. Will be waiting for a daily close above 2200 or a drop to 1400, before adding to any positions.
A trading opportunity to buy in SYSUSDTechnical analysis:
. SYSCOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.14 to 0.09). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.14)
Ending of entry zone (0.09)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.19
TP2= @ 0.25
TP3= @ 0.30
TP4= @ 0.34
TP5= @ 0.47
TP6= @ 0.58
TP7= @ 0.74
TP8= @ 1.02
TP9= Free
A trading opportunity to buy in SYSUSDTechnical analysis:
. SYSCOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.14 to 0.09). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.14)
Ending of entry zone (0.09)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.19
TP2= @ 0.25
TP3= @ 0.30
TP4= @ 0.34
TP5= @ 0.47
TP6= @ 0.58
TP7= @ 0.74
TP8= @ 1.02
TP9= Free
SYSLong-term deal
Now the price is at the strongest support level has been tested more than once 2000 Satoshi
First: Buy better than current prices, and place pending sale orders
The targets start from 3000 Satoshi to 9000 Satoshi
75% of the purchase price is sold and 25% of long-term goals are maintained
Second: placing outstanding purchase orders at the following prices 1400 Satoshi and 900 Satoshi
We calculate the decline so that we consolidate the purchase (a non-binding trading strategy for you)
Third:Those who want to use stop loss at 1800 Satoshi with a loss ratio of 10% of the 2000 Satoshi purchase price
The expected profit ratio of 350% starts from the price of 2000 Satoshi to 9000 Satoshi
SYS, ready to run?SYS coin has been silent for a while as the bear market gets the better attention, and now the road is clear for a bull run, we may see some movement on this coin around 6K
Buy should be around the red pocket area with stoplosses @ 2170 and then take profits on the fibs, closure above 200 MA can take this past 8K so watch your postions.
good luck!
Salt Long Opportunity : BreakOutSince the beginning of May, Salt faces a downward trend till it showed an engulfing stick on the 1 day chart today. If this candle closes above the upper resistance trend line there will be a high probability to see a rally towards the next resistance fib levels at 4106 sats and above.
RSI looking very bullish and just volume needed a very small spike. Other than that it seems we will see a speedy rally upwards in short to mid term investment.
Possible Targets / Fib Levels
Target 1 : 3533 sats
Target 2 : 4149 sats
Target 3 : 4646 sats
Target 4 : 5144 sats
Long term Targets
Target 5 : 5830 sats
Target 6 : 6755 sats
Good Luck.
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SYS hacked and sold on Binance!Coin of the day is SysCoin
What is SysCoin
The primary product of the Syscoin team is Blockmarcket, a blockchain powered marketplace "where you can securely and reliably buy and sell any items you wish". They position themselves as a future competitor to Amazon and eBay. Syscoin offers a set of technologies: a global network, a distributed ledger, a decentralized database and a blockchain.
Attack
Yesterday Syscoin was hit by an unusual hack that has manipulated the coin’s total supply. The attackers then sent the fraudulently generated coins to Binance and sold them, pushing the price of 1 SYS to as high as 96 BTC. The BTC they received was then withdrawn, prompting Binance to cease trading temporarily and to reset all APIs, which are believed to have facilitated the attack.
On Thuesday Syscoin blockchain is reported to be severely compromised. Binance and Syscoin Twitter feeds was pointing towards a Syscoin attack.
“We are investigating a possible issue on the Syscoin blockchain, nothing is confirmed but we have asked for exchanges to halt trading while we investigate.”
The most probable scenario of the attack includes stolen API’s which was used to buy-out the whole order book of SysCoin on Binance, and even pushed the price up to the 96 BTC.
User CRNBTC on Twitter noted that one of Binance’s hot wallets have become active again. He said:
“7000BTC moved out of @binance hot wallet after the syscoin api pump. binance has not issued any withdrawals since.”
Binance CEO CZ promised a full post-mortem after the exchange re-enabled trading on Wednesday morning. In an incident recap, Binance has promised to rollback irregular trades and offer zero-fee trading to irregular trading. The exchange tweeted the news accompanied by the #SAFU hashtag, in reference to a rising crypto meme spawned by a previous CZ typo in which he assured users that “funds are safu”. In March, Binance was hit by a similar API-based attack, on that occasion using Viacoin. Using compromised APIs, the attackers set ridiculously high sell orders on the victims’ accounts, dump their illicitly obtained crypto on them and then cash out. Decentraland’s MANA cryptocurrency also soared dramatically on Binance in a move that’s believed to be linked to the Syscoin API attack.
Technicals
There is no need to describe how SYSBTC price looks on the Binance chart. However, this situation triggered bots, which uses price differences among exchanges to get profit, this bots raised the price on Bittrex as well, not to 96 BTC though. The price spike pinched the 0.000055 level and then returned to the 0.000034 – 0.00004 zone. An overall pattern still looks like a rebound from the Bullish Trend Line and stays positive for now with support at the 0.00003 level and Bullish Trend Line and resistances at 0.00004 and 100-days EMA.
Syscoin Has Gone OFF THE CHARTS on Binance!Syscoin (SYS) has gone off the charts on Binance.
The charts can no longer be read... And it keeps on going UP!
Use the comment section for us to have some fun about this crazy 'pump'...
Your comments, likes, shares and charts are welcome.
Thanks for reading again and everyday...
Namaste.
SYS to the UpsideA break above the resistance line will confirm the RSI bullish divergence signal. Goodluck!
SYSBTC descending wedge bounceThe market has a good potential to touch the upper edge of the falling wedge. After breaking out of the triangle further growth is expected. The price will touch the first target then it will roll back a little and will go up again.
The price touched Fib 0.786 support level and is ready to bounce, indicators confirm it. Moreover the price is at the lower edge of the triangle and BB channel, if the price maintain this level there should be upward movement to the upper edge.
If the price goes below our STOP LOSS mention in the signal (the daylight candle will be closed below this level), we recommend to close the position and open it again with the same amount once it consolidates (we will inform you about it). However probability of the negative scenario is low
$Syscoin, $SYS Cloud 9
Monthly
Looking at our highest timeframe we see price seems to have formed a descending channel. Stochastic RSI showing momentum remain bearish, next major support level at 2000.
Weekly
Shifting over to our pattern timeframe we see price respecting downtrend structure, momentum heavily shifted towards the downside. SYS recently formed a lower high slightly below our 7000 resistance, expecting a lower low to be formed at our breakout support zone 2000 satoshis.
SYSCOIN: UBER ON THE BLOCKCHAIN? (BITCAB ICO) = 15.06% PROFIT!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 18th of June 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 15.06% PROFIT!!!
The increase in price may also be explained by positive developments including:
March 2: The Telegraph (United Kingdom Newspaper) publishes article aboyt Syscoin which states that "Syscoin is Bitcoin’s smarter, cheaper little brother".
March 3: Syscoin announces airdrop on the Syscoin network for CPS -1.71% coins as part of a social consensus mode. According to the website, “On March 17, 2018 a snapshot of all CoinPayments accounts will be taken. Each of those accounts will receive 100 free CPS -1.71% Coins and will also eligible for an additional 25 CPS -1.71% Coins for each new user referred.
March 8: Announce the release of Syscoin 3.0 on March 31st, 2018. This aims to add masternode support and support for z-dag (zero confirmation transactions).
March 10: Syscoin 3.0 Release Candidate 1 is released on the Testnet.
March 17: Syscoin releases update to Blockmarket. Blockmarket Desktop 1.2.1 update has the following added features: First-Time User Help and Bug Fixes
March 21: Syscoin releases update to Blockmarket. Blockmarket 1.2.2 updates the Flyp.me function.
March 28: Syscoin releases update to Blockmarket. Blockmarket 1.2.3 includes numerous bugfixes.
March 28: Richtopia notes that Syscoin moves up 13 places to #3 on the 'Top 100 Blockchain Organisations Worldwide'.
March 28: Binance lists Syscoin.
April 19: Syscoin 3.0 RC2 is released to Testnet.
April 24: Ledger announces that it is working to support Syscoin.
April 25: Syscoin announced masternodes launching on April 30th.
April 26: Coinpayments announces that it aims to support syscoin payment processing.
April 27: Korean Jew Crypto (Youtube Personality) has interview with Co-founder/CEO of Block Foundry.
April 28: Reuters interviews Blockchain Foundry Inc. creators.
April 28: Crypto Coin Show (Youtube Personality) interviews Blockchain Foundry Inc. creators.
May 1: Syscoin 3.0 Upgrade Process begins.
May 2: Syscoin 3.0 is Live.
May 3: Bittrex Exchange team has confirmed that #Syscoin 3.0 has been verified and is now online.
May 4: Blockchain Foundry Inc closes Business Combination with Tiller Resources Ltd creating a blockchain-based business solutions and consulting company. In connection with the Business Combination, Tiller changed its name to Blockchain Foundry Inc.
May 10: Syscoin Indexing Service: Syscoin 3.0 introduces a suite of new tools for creating custom #blockchain applications.
May 11: Blockchain Foundry Inc.($BFCN) to Commence Trading on Canadian Securities Exchange May 14th, 2018.
May 11: Syscoin releases new whitepaper for 3.0 release.
May 12: Litebit (Netherlands Exchange) lists Syscoin.
May 12: The Blocknet lists Syscoin.
M ay 15: Coinspot (Australian Exchange) lists Syscoin.
May 15: Syscoin releases an update to it's encrypted message service.
(NEW) May 18: Syscoin gets added to the Masternodes Online website.
(NEW) June 12: NEXT Exchange lists Syscoin.
(NEW) June 19: Syscoin launches the BitCab ICO on its blockchain. Bitcab is considered Uber 2.0 for the blockchain age, with stronger network effects and loyalty features, all enabled by a superior platform ecosystem, gamification and tokenized technological model.
These positive developments as well as a general recovery in the cryptocurrency markets have led to a surge in price of Syscoin.
*The "Crypto Bottom SIgnal" used in this analysis is included as part of the Crypto Trade Signals subscription.*
There is a possibility for the beginning of uptrend in SYSCOIN .Technical analysis:
. SYSCOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Trading suggestion:
There is a possibility of temporary retracement to suggested Buy Zone (0.3234 to 0.2439). if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.3234)
Ending of entry zone (0.2439)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.3779
TP2= @ 0.4159
TP3= @ 0.4647
TP4= @ 0.5408
TP5= @ 0.6329
TP6= @ 0.7247
TP7= @ 1.0226
TP8= Free
There is a possibility for the beginning of uptrend in SYSCOIN .Technical analysis:
. SYSCOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Trading suggestion:
There is a possibility of temporary retracement to suggested Buy Zone (0.3234 to 0.2439). if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.3234)
Ending of entry zone (0.2439)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.3779
TP2= @ 0.4159
TP3= @ 0.4647
TP4= @ 0.5408
TP5= @ 0.6329
TP6= @ 0.7247
TP7= @ 1.0226
TP8= Free