SysCoin , Be ready to new opportunity to buy in SYSUSD !!Technical analysis:
SYSCOIN/DOLLAR is in a Range bound and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 31.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
Price is in the Buy Zone (0.3708 to 0.2530), we would set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.3708)
Ending of entry zone (0.2530)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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 special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.4514
TP2= @ 0.5558
TP3= @ 0.6183
TP4= @ 0.7318
TP5= @ 1.0226
TP6= @ Free
Syscoin
A New Trading Opportunity to Buy. TP3 hit with 127292224 profit.SYSCOIN/DOLLAR
New trading suggestion:
*The price is in an up trend, and we forecast the uptrend would Continue.
* There is still possibility of temporary retracement to suggested support line (0.4514) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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 special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 6 BUY trade(s) @ 0.35671305(day close price) based on a reversal candle ( Hammer ) at 03.18.2018 .
Total Profit: 127292224
Closed trade(s): 55536085 Profit
Open trade(s): 71756139 190Profit
Closed Profit:
TP1 @ 0.4514 touched at 03.20.2018 with 9468695 Profit.
TP2 @ 0.5558 touched at 04.24.2018 with 19908695 Profit.
TP3 @ 0.6183 touched at 04.28.2018 with 26158695 Profit.
9468695 + 19908695 + 26158695 = 55536085
Open Profit:
Profit for one trade is 0.59590018(current price) - 0.35671305(open price) = 23918713
3 trade(s) still open, therefore total profit for open trade(s) is 23918713 x 3 = 71756139
All SLs moved to Break-even point.
Take Profits:
TP4= @ 0.7318
TP5= @ 1.0226
TP6= Free
Technical analysis:
Syscoin/Dollar is in an up trend and Continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 69.
SysCoinSYSBTC look like cup and handle.
NEWS
Syscoin 3.0 Upgrade: Masternodes, Assets, Zeroconf transactions
30 April
LEDGER
twitter.com
SysCoin (SYS) Trade Analysis (222% Earnings Potential)SysCoin (SYS) Trade by Alan Masters
CHARTS, SIGNALS & INDICATORS
Chart signals and indicators can be really useful when determining when a coin is about to breakout. When a new bull run will start. Or simply to get a better idea to understand what might happen next, by looking at candlesticks and chart patterns for example.
One pair of indicators that is really important, volume and momentum. Once a coin hits bottom and bounces, then you see an increase in volume and momentum building up, you can start to prepare as action might be coming soon, and this is what I am seeing by looking at the SysCoin daily and 4 hours charts. Let's take a look:
Daily chart:
- First you can see the red square which is the bottom price that SYS hit after its bull run that started back in December. At that time SYS was trading below the Simple Moving Average (SMA) 20, 50 and 200 lines. Which is a bearish signal. In the past few days, SysCoin broke out and is now trading above the SMA200 (brown) and SMA20 (green) lines. We need to break the SMA50 (blue) line resistance in order to reach for our first target.
- The MACD crossed over and it is trending up strong, with momentum building up and plenty of room left for growth.
- The RSI, DMI and OBV are also bullish and showing potential for more.
- We need a strong close today in order to move to the next level...
4H chart:
- In this chart, you can the SMA lines crossing each other.
- We can also see the possible formation of a pennant or ascending triangle, which are bullish formations.
- The 3 Days and Weekly charts also look beautiful and ready for money in a few days/weeks.
- Low volume allows for plenty of room for growth.
TRADE INSTRUCTIONS
Buy-in: 0.000048 - 0.000056
Targets:
(1) 0.00006159
(2) 0.00007798
(3) 0.00008964
(4) 0.00010450 (All time high)
Trade strategy: This is a very strong coin. Feel free to hold for long and wait to sell on target.
Stop loss: If you want to use a stop loss you can try 0.000035. If this level is broken and we close below it (on the daily time frame), SysCoin is very likely to go lower. If it is only a hit & miss, hitting the price and bouncing back strong, then you shouldn't worry about it.
Message: Upgrade
This is my upgrade. For me, for you, for myself and for you as well.
This is how we do it in my world.
This is how we ask for something. This is how we manage the energy, for me, this is how the money flows.
What's an upgrade and why would you want one?
An upgrade is the change that happens when a new idea comes in.
It is when you have a belief system, of something old, that isn't working, that won't let you succeed.
The upgrade comes one day for you without knowing, and gets planted like a seed.
Things start to move, you start to wonder what it will be.
And then the time comes, the situation starts to develop. You see lots of in fighting, your belief system is trying to say no.
But you reach the last part, it is the end and you want to keep up.
Life is telling you that it is over but your passion helps you remain strong.
And that's when the new idea shows its flowers and you can see its true form.
You used to believe that you needed money to be happy.
But now you have money, you are happy, and yet you clearly understand that happiness isn't money, being happy means so much more...
Namaste.
Time to pump in few days. This is one day graffic Time to pump in few days. This is one day graffic
I am waiting your commets? What do you think?
SYSBTC Long UpdateSYS closed well on previous day and just broke horiz. value channel.
Will be looking to add to positions here if there is a breakout. As well as possibly scalp what might be a parabolic move or 4-8 hour move up sometime in the future.
Will be watching price action and volume here in the next day closely. As well as if it continues an uptrend.
I am not a licensed financial advisor in any way shape or form.
This video and everything I say about trading, cryptocurrencies, money, life or anything in general should not be taken as financial advice.
Everything I say or write is my opinion. Make sure you do your own research and base all your decisions on what you find yourself.
I’m simply stating opinions. I am not giving financial advice, trade advice, or any financial advice in any way whatsoever. Everything I write or state is an opinion.
I AM NOT A FINANCIAL ADVISOR.
SYSBTC Breakout AnalysisIn this video I share analysis of potential SYS breakout.
It just hit Binance and seems to be testing an upper end of a horizontal value channel. The last few days have also been in an uptrend. In this video I share both my short term and long term targets.
This is also a strategy I trade called don't try to be right... you can find that on my youtube channel.
I am not a licensed financial advisor in any way shape or form.
This video and everything I say about trading, cryptocurrencies, money, life or anything in general should not be taken as financial advice.
Everything I say or write is my opinion. Make sure you do your own research and base all your decisions on what you find yourself.
I’m simply stating opinions. I am not giving financial advice, trade advice, or any financial advice in any way whatsoever. Everything I write or state is an opinion.
I AM NOT A FINANCIAL ADVISOR.
SYS nice buyzone coming in. Bearish short term (2 - 3 days)Looking at SYS/BTC chart it seems a symmetrical triangle is formed on the RSI indicating a possible continuation of the bearish downtrend.
Mayor support levels at 3700 and 3500 sats are coming up. I would put buy orders at 3500 sats.
In the last 9 months, Sys has peaked above the 7000 sats range 3 times, looking like it's getting ready for wave 4.
Selling half on a double if you buy at 3500 and keep the other half for a possible new ATH.
Stoch RSI also looking to go down for the near future. Give it a day or two to reach either 3700 or 3500 sats. After that it should bounce, or else it's going to be a pretty steep downfall.
first try of charting syscoinmy first try of charting a coin ever... took syscoin because I like the project and I have a bag
possible falling triangle wedge ?
have mercy
ready for the breakoutsys remained strong than most altcoins in previous bear market but then suddenly started to fall down to the old support line of 3900 satoshi level when the bollinger band squeezed. The triangle; that connects the downtrend line and the support line interceps just before the end of march. (Masternodes and hardfork of the syscoin are planned on 31th March). There is also a clear bullish divergenge on rsi.
SYS very strong uptrendOne of my favorite bags is SYS BITTREX:SYSBTC and its moving very nice in that uptrend channel !
Last days SYS was very stable and did not dropped like all the other coins, the trend channel is coming to an end an we will see soon (if there is enough volume) and BTC BITFINEX:BTCUSD is not doing crazy things a good long position!
Dont forget that SYS has very strong FA + TA so i am holding for longterm with nice profits on that already!
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 Should Move Up 150%While producing higher highs and higher lows, Syscoin continues to trade upwards. The last correction down resulted in 70% decline, where price moved from $1 down to $0.3, where 161.8% Fibonacci support, as well as the uptrend trendline, have been rejected.
After rejecting the support SYS/USD recovered by moving up 144%, resulting in the break above the descending channel. The corrective wave down followed where 261.8% Fibonacci support and the upper trendline of the descending channel have been rejected, suggesting the continuation of the uptrend.
The strong resistance, confirmed by two Fibonacci retracement levels is located at $1.5, which is a 150% growth potential in the medium term. Currently, the price could consolidate between $0.5 and $0.75, which seem to be the accumulation zone.
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.
Syscoin Uptrend is Still ValidFollowing the previous idea on Syscoin , it found the resistance near $1 psychological round number, and after hitting $0.98 high, the price went down sharply. SYS/USD broke below the ascending channel and found the support at the lower trendline of the extended ascending channel after rejecting $0.3 low. At the same time price rejected the 127.2% Fibonacci retracement level applied to the corrective wave up, after channel breakout. Anf finally, the uptrend trendline has been respected, while previous support at $0.34 hasn't been broken.
The uptrend trendline and the key support at $0.34 are not broken as price failed to close below. This could result in a continuation of the SYS/USD growth, although 3 obstacles on the Syscoin way up should be watched.
50.0% Fibs ($0.63)
61.8% Fibs ($0.71)
76.4% Fibs ($0.80)
If any of the resistance levels will be rejected, the price could go back to $0.3 support area, the breakout of the $0.8 resistance should send price towards $1 level and if broken, the long-term uptrend should be confirmed.
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.
