[BUY SIGNAL - 3:1 RISK/REWARD] Syscoin/BTC Bullish PennantYet early to know but a good set-up is forming. Right now the MACD and the Stochastics and RSI show that we're overstaying in the over sold condition if the price holds it might be a good indicator of a price variation going towards the 8300 satoshis levels, 8600 tops for an unique movement. This is a good graph to observe because it's early and it has good potential
Setting a buy trigger above the first candle that has the body completely out of the pennant is the safest play.
Syscoin
SYS Feeling Power For Moon!$SYS is not a trash coin. They have amazing working developers and projects. They are going to release block market in 5 days and after than this blockmaster, they will be releasing masternodes.
Do you remember how STRAT gone %600 within stratis masternode release. Same thing is going to be happen. Take your ticket for SYS train before it touch moon.
Syscoin: Under the Radar and Extremely UndervaluedSyscoin is one of the few coins that actually have a use case. Not only are these guys working on decentralized market places, but they will have fiat on ramps and other features such as anon in the works.
Currently, Syscoin has a market cap of ~70million, but has extremely professional development. The devs have had a constant stream of no-hype features released and have been working on the project for a long time.
Technically, the only blockchain based competition would be Particle (used to be shadow). They really compete with open bazaar or ebay.
You can read more about the project here:
syscoin.org
coinmarketcap.com
www.reddit.com
medium.com
bitcointalk.org
bitcointalk.org
Now let's talk about the technicals:
Syscoin has double bottomed / is displaying bullish divergence after a nice corrective wave to old ath levels. I expect great things from syscoin and strongly believe that this is a good entry point to the market.
Target? 500 million cap, at least.
Syscoin part of the lightning network"With the Lightning Network, eventually atomic swaps between coins like bitcoin, litecoin, vertcoin, viacoin, and syscoin will become available. Atomic swaps eliminate the need for exchanges such as ShapeShift, allowing you to instantaneously swap across blockchains."
btcmanager.com
Your'e welcome.
Lots of potential growth here.
SYS Breakout!!Syscoin have some strong news tomorrow. Also it has formed a symmetrical triangle there and may go for a bull leg up. Resistances marked by redzones.
SYS is close to the bottom, high rewards with litte riskSYS is looking pretty good right now if you are looking to make an entry. Although there is a descending triangle which is usually bearish, the RSI shows oversold and the SMA has crossed over (at least for now) so those are some good signs. With WAVES, ANS and other high profile alts making nice gains, once people decide to take profit on those...i feel that SYS will be one of those coins profits will go into.
SYS coin is still down more than 50% from its ATH of 9800 but very close from its recent trend bottom of 3100 (about 15% away). Its not one of those coins that will go 3-5x but theres no reason to think you wont be able to make good profits from it in the near future.
Support 1 - 3700 at FIB line
Support 2 - 3450
Bottom Level - 3060
Resistance 1 - 4935
Resistance 2 - 5500
If it breaks the descending triangle, expect a nice surge to at least 4700
Let's get over that 100 ma!Generally speaking, we are making higher highs here. If we continue to do so and get enough momentum to push over the 100 ma, we could see some big moves.
Get SYSCOIN into your system! - Idea for 10 - 20 % in a weekI have been watching the SYS chart and read several positive ideas here on the site recently, and it looks to me like there will be some fluctuations to take advantage of in the next days and week. Once the fluctuations are over we might see a big jump up a level. But until then we have the opportunity to make some cash as well.
I expect SYS to fluctuate between 0.00007000 and 0.00009500 before taking off.
You can either get in on a low in the next days, have patience and wait a week or two and hopefully make a really nice % when SYS goes up to 0.00009500 - 0.00010000.
Or you can take advantage of the fluctuations in value and buy on a low and sell on a high several times until then.
SYS imminent breakoutWithin the next few weeks, SYS will be testing new highs once the bullish pennant is broken upwards.
TP1: 9600 sat.
TP2: 13000 sat.
TP3: 15000 sat.
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SYS/BTC Continuation of TrendSYS/BTC may retrace further to the trend line presenting an opportunity for entry. The ongoing trend is likely to continue with the 50% fib offering additional support. Look for entry below 0.00006
SYS/BTC Bullish divergence before moon travellingThe history can and do repeat itself every time. Can we go to 15k now, thats the question...
SYS_BTC Important LevelHuge level of support at 0.00007000. A close below this level could pull back to 0.00006200. Watch for bounce off 7000 level as well. Strong volume can drive it back up to the 8000 range.
Keep an eye on this one! Great straddle play.
SYS ready for breakout?Im also investigating about SYScoin. Looks they activated Segwit. And the 2300 barrier could be broken.
I'll be watching this coins. I just put 10btc at 1850, maybe im lucky.
If breaks 2400sat with volume, we can see a big run.