SYSBTC
Syscoin - USD chart in full harmony with itsselfHi friends
As most of you already know, I have a very bullish opinion on syscoin in the coming months.
Normally I check the btc charts when I trade altcoins but decided to watch the usd chart this time, and I must say I didnt regret to do so. The long term movements on the usd charts are in full harmony as the dumps after a period of strong rise in value, are relatively short and strong (between 18 and 27 days). We recently have had a same sort of dump from mid january till the beginning of february. After that period syscoin recovered quickly.
On the 3d charts the EMA50 indicator acted as support for a year now and the price touched that support and had a strong bounce from there, confirming the bullish momentum for me.
With the upcoming release of masternodes, blockmarket web, first ICO + airdrop (CPScoin) and the founding company of syscoin (blockchain foundry) planning to get listed on the Toronto stock exchange, I am expecting syscoin to set a new all time high in the coming months. In terms of dollars, $2.50 would definitely not surprise me. Thats also a key fibonacci level on the usd chart.
I bought in very low and adviced my followers to do so also back in december, so always do your own research before buying and wait for dips.
SYS 1D - Breakout imminent, continued upward price movement.Trading idea for one of my favorite #altcoins, SYSBTC.
- All cloud metrics on the daily chart are bullish.
- Ascending triangle continuation in play.. volume profile is perfect.
- 50/100/200 EMA all bullish, with 50EMA acting as strong support.
- Lower TF bbands (4hr, 6hr) contracting, expecting a breakout soon.
- Strong bounce off horizontal support today.
- Fundamental catalyst - masternodes and mainnet due to release Q1 (before end of March 2018).
Syscoin VS Bitcoin Confirming The UptrendSyscoin has been one of the strongest coins during the last few months correctional phase. While most coins have been losing to the Bitcoin, Syscon held its' value while the price was ranging between 5k and 7k satoshi.
SYS/BTC continues trading above the 200 Moving Average and managed to break above the downtrend trendline. During the past few days, it has been rejecting the 38.2% Fibonacci support, where the downtrend trendline acted as the support and has been rejected as well.
This could be the confirmation of the continuation of the uptrend sending Syscoin much higher from the current price. Although there are few strong resistance levels to overcome. First two are 8.2k and 10.2k satoshi levels where previously resistance was established. If they are broken next target would be 127.2% Fibonacci retracement level at 12.6k satoshi. Break above the final resistance will prove the long-term strength of Syscoin, which is a very likely scenario.
S Y S C O I N / BTCSYSBTC
Rising wedge at the chart. TR1 our goal for this deal and then we can expect rollback with breakout the wedge. Be careful, price at the top of the wedge.
SYS ANALYSIS FEBRUARY 10 , 2018The price moves in a bullish channel, facing a strong resistance zone that has been tested more than once between 0.00006597 BTC and 0.00007200 BTC
If the resistance zone is breached we expect the price to result in 0.00008120 BTC and then 0.00009170 BTC
In the case of a breach of the ascending channel, the prices will move down to the support area of 0.00005237 BTC
Then 0.00004000 BTC
Analysis on SYS Coin $SYSSyscoin ($SYS) having mainnet release for Blockmarket Web 1.0 & Desktop 1.x with Masternodes v1.0 by end of feb and not only that, There will be a hard fork for the masternode release closer to the end of February/March as well. Higher think price will go up soon and on top of that, using TA, we can see a flag forming as well with price consolidating between 6200 satoshi range to 6500 satoshi range. It’s a bullish sign and a possible breakout might be happening.
Price now: 6200 satoshi
Recommended stoploss: 5500 satoshi
SYS/BTC GOOD ACCUMULATION ZONE The price of SYS/BTC has been oscilating between the 0.382 and 0.618 FIB levels since December after the clear upward trend that we witnessed back in November.
The price is also moving close the EMA(50), which an give an additional support. The RSI shows plenty of room for SYS to grow, and the MACD is close to a potential cross that could begin another bullish wave.
For this trade, i think it is a good strategy to accumulate at prices below the 0.5 FIB level. Although the wave up might end up not happening, if the price of SYS breaks 0.00006, I am inclined to see it going for the next resistances.
Buy and Accumulate: Below 0.00006, ideally close to 0.00005
Take profits:
@ 0.00007000
@ 0.00008251
@ 0.0001 for the more ambitious !
Stop-loss at 0.00003570
Something big is going to be happen with SYSBTCAs you can see the graph since december whenever the market crashed sysbtc doesn't hit its previous support level but forms a new support level.
Now a triangle is going to be formed.
People who are in this trade right now should set a stop loss according to their trade as a safe side
Best of luck :)
SysCoin(SYS) - GOLDEN CROSS (Bittrex/Poloniex)Fundamentals :
Sys will be releasing Blockmarket web & Desktop by 31.jan
Mainnet release by 28.Feb.
________________
Chart :
Formation : Both daily and the 4h chart are in a ascending triangle, the daily chart is also in a bullish symmetrical triangle.
Indicators :
First of all we will start with the Golden cross , on the daily chart (on bigger scale) Sys's 50 MA has crossed both the 100 and 200 MA line. so we're going to be on a bullish trend for a longer period of time.
MACD - daily seems like its preparing to curve up, 4h chart and under has the MACD already crossed and it's going up. seems like it's taking a sharp turn upwards too!
RSI - both on daily and 4h seem like they're moving strongly upwards.
________________
Buy under 0.00006460 - second buy-in zone will be after we break the triangle and close above it.
TARGETS :
7212
7965
8560
9042
9444
10400
SYSBTC short retrace then explodes upAfter a short retrace, this pair should explode up to target box...
Syscoin history is repeating itself once again, 25K+ sats! TA
Sys/btc just confirmed the breakout through this years resistance line. It bounced and is ready to move to new highs in 2018. Expected growth: 2016 flag breakout and more. Volume increase is indicating a X5-X7 rise in btc value. Ichimoku and Direction indicators are showing it's taking off any day now (Basic subscription....)
FA
Keeping in mind what's coming for sys in the next month(s), we can assure you that this will only be fuel on the fire for 2018 all time high (25k+sats and beyond).
Coming in Q1 are:
-The long expected Blockmarket Web (everyone with a browser will be able to make use of the benefits of crypto currencies through this web marketplace)
*Merchants are already confirmed with over a million SKU's (see blog to know which ones)
*Fiat gateway
*Import filter for ebay/amazon sellers will come live so any one can import their stock from these websites to BM Web
*Integrated escrow service
*Different in-build shipping options
-Masternodes (100k coins, Dynamic retur based on amount of nodes on the network sysnode.info , Seniority bonus, fee voting system like dash has)
-Total Rebranding of syscoin's/Blockchainfoundry's image done by ballistic arts (Video content, Logo redesign, Website redesign and more to be announced)
-Blockchainfoundry's listing on the canadian stockmarket ( will cause some buzz in the stockmarket sector and will probably attract new investors to syscoin aswell)
-Syscoin's API 2.0 including a hard-fork
For the rest of the year:
-Blockmarket Pro (anyone will be able to host their own marketplace front-end on the syscoin protocol)
*Real estate partnership already confirmed. Blockchainfoundry has been working with them since february 2017.
Link to blog article: medium.com
-Syscoin assets in combination with EVM (Like ico's, but each coin on a chain will be highly programmable)
*Cashing in and out at online Casinos without waiting for a long chain of slow confirmations or bank account transfers lasting days
Instant purchase of in-game tokens such as power-ups
*Green energy tokens representing kWh
*Instant token transfers among players in multiplayer games such as online poker
*A token can be colored (signed) with additional, unique data, such as avatar, special powers, etc., to represent a character in a virtual world. Tokens would be fully tradable. You could also trade your Alias that has multiple characters.
*Minting new coins to send and receive value (with pos-capability) and issuing ICOs on top of SYS
*Diamonds and jewelries: Each token can be signed with additional data to allow witnesses or notaries to verify each stage of the process that the diamond would go through; for example, mining, cutting, recutting, mounting, etc.
*Limited-edition products: hand-made music instruments, antiques, vehicles, etc. Each token represents one item and can include additional custom data such as serial number, color, and other features.
*All of these assets could be traded on Blockmarket, or a customized marketplace built on the Syscoin blockchain.
Useful links:
-Masternodes and token issuance: medium.com
-Masternode rewards: sysnode.info
-Slack invite link: join.syscoin.org
-Syscoin twitter: twitter.com
-Syscoin devs twitter accounts:
*https://twitter.com/sebschepis
*https://twitter.com/realSidhuJag
*https://twitter.com/BlockchainDan
*https://twitter.com/Keyare_
-Community written article: medium.com
-Syscoin to do list 2018: pbs.twimg.com
-Introduction to Blockchainfoundry (the company that created syscoin and the Blockmarket dapp on top of it.): youtu.be
-Roadmap: pbs.twimg.com
SYS Buy opportunity with 40% ReturnIn the past few days BITTREX:SYSBTC had a good bull run. After the recent BTC sell off the price plunged to support zone and bounced back up, now the price formed a flag pattern and we should wait till we get more confirmations.
Risk takers can enter at 0.00005700 with stop loss at 0.00004300 and if the price breaks that then the next entry level is at 0.00003900 with stop loss at 0.00003.
Target is at 0.00008. There maybe some resistance at 0.000065 levels.
Traders who are unsure about the entry points can do averaging.
Follow me for more analysis.
Likes and comments are welcomed.
20k Sat target on syscoin sysbtc I charted Syscoin earlier, it is well known in crypto land that SYS will release its biggest developments in its whole history this year. A few of them: Masternodes, blockmarket web, smartcontracts, decentralized mixing services to combine anonymous transactions and to create anonymous marketplaces etc.
Fundamentally it is one of the best coins out there in which you can invest for the long term. In the chart I expressed a fib retracement box to show my targets on it.