$SYS - SYSCOIN approaches key resistance$SYS has had it all from a shakeout of buyers shown through the blue circled area to a strong breakout on heavy 3D volume, a retest and then a final pickup to retest resistance again.
Key levels to breakout have been highlighted through the red zones but for starters, buyers should focus on breaching through 0.70 which as of now is the most important level.
The 30MA has been a key filter for SYS as shown by how well it has acted as support and resistance through the past 4 -5 months. After an extended decline we have finally seen the 30MA start to flatten out and support a move higher on SYS.
Breaking through 0.70 would mostly likely bring in the momentum for SYS to test $0.90 before we see another base start forming.
Generally a conservative price target is the pattern high at around $1.33.
A further look into SYS/BTC monthly timeframe would give a more broader view into the potential $SYS has in order to move towards $2 - $3 over the short term.
Syscoin
SYS/BTC LOOKS READY TO PUMP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this SYS/BTC TRADE setup. SYS looks good here.
SYS is breaking out from a descending triangle in the daily time frame. It also holds above 200ma which acts as good support.
Buy some now and more in dips.
Entry range:- 1180-1320 sats
Target1:- 1580 sats
Target2:- 1964 sats
Target3:- 2488 sats
Target4:- 3072 sats
SL:- 1064 sats
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Also, share your views in the comment section.
Thank You!
SYSSYSCOIN is difficult to read. Previous time SYS had similar metrics, it went down ~20%.
I am trying to see order in chaos, hence all the lines.
Dashed Yellow lines = Downtrend limits I took from a 4H chart
White and Dashed Green lines = Long term Uptrend channels from 21H chart
And a couple Support and Resistance channels.
I want to see how SYS reacts to these limits in the next day or two, hopefully validating my method as it progresses.
Just as a hypothetical target, I think I'll see SYS reach 0.48
Maybe after that, it'll try to regain former glory days.
P.S. Let me know if you have a chart you'd like me to have a look at.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
SYSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. You can see the S1 line which is the support line. Yesterday’s candle created a long shadow. The safe area for you to buy is the S1 line for the R1 resistance which is a strong area. Those of you who would want to take risks can buy it here for the R1 resistance. The Stop Loss is also shown fr you.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
SYS/BTC Coinbase Listing EffectYou can check average Coinbase Listing Effect analysis from link below. I believe this is not priced in yet. I know CEO spoke about their full doc application. So here is my price prediction that will hopefully win %91 or even more. I am allocating $100 for this bet. Afterwards I am planing to sell $100 worth, and keep remaining for eternity.
edit for visual pleasure.
SYSUSDT has good buy opportunitySYSUSDT has good opportunity to move up from 38% fib level to hit bullish trend line and move towards 161% fib level. Long term analysis indicating promising outcome.
We publish precise and compact information after careful consideration which give you quick glimpse for comparative analysis. if you have any question or want to ask about analysis of other pairs or you have any confusion about analysis then feel free to ask us. Don't forget to support by share your ideas and hit like and subscribe button. Your participation support us to work more.
🆓Syscoin (SYS) Dec-6 #SYS $SYS
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📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.5$ zone
🔴Buy : 0.5
🔴Sell : 0.7 - 0.9
📈BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.5$ zone
🔵Sell : 0.5
🔵Buy : 0.42 - 0.36
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
multi-year cup and handle on log chart for syscoinTLDR: a massive cup and handle pattern over 4 years on a log chart. Extremely rare to find, especially in crypto due to scarcity of coins with a multi-cycle history. Last time such a pattern was observed on DOGE/USD pair in Autumn 2020, at $0.002 $DOGE.
Background FA: SYS launched NEVM (full smart contract compatibility), has backing of Canada-listed $BCFN corporation, Merge-Mining with Bitcoin , making it the most secure altcoin, Launched Layer1 Ecosystem, placing Syscoin as direct competition to $BNB ($100b Market Cap), $SOL ($100b Market Cap), $ADA ($100b Market Cap) and $ETH ($500b market Cap). Market Cap of $SYS is $350m at the time of writing. Coinbase integration is also in place. Syscoin has been trading for 8 years, making it one of the oldest cryptos still alive. Coins are fully distributed, no large holdings either by the team or any single investor. Same level of decentralization as Dogecoin had, when we first covered it in Autumn 2020.
Imminent releases: December - NEVM launched -- full smart contract functionality covered by Bitcoin PoW security
Upcoming releases: Q1 2022 - zkRollups launched -- full native Layer1 scalability on-chain.
Upcoming listings: Syscoin has been added to the Asset Hub on Coinbase.
SYSBTC Pair broke out of a Massive Multi-Year Long-Term Downtrend with highest ever volumes, sending the SYSUSD pair into near ATH .
Monthly chart is closing on 30 November and is on track to close at the highest level since Q1 2017 when Syscoin made a 100x run in 9 months.
Goldsworth. Org Technical Analysis ideas brought you $DOGE at 14 Sats , $LUNA at 10 cents, $SOL at 3 dollars.
Syscoin Most Bullish Monthly Candle Close Since Q1 2017 pre-100xBackground FA: SYS launched NEVM (full smart contract compatibility), has backing of Canada-listed $BCFN corporation, Merge-Mining with Bitcoin , making it the most secure altcoin, Launched Layer1 Ecosystem, placing Syscoin as direct competition to $BNB ($100b Market Cap), $SOL ($100b Market Cap), $ADA ($100b Market Cap) and $ETH ($500b market Cap). Market Cap of $SYS is $350m at the time of writing. Coinbase integration is also in place. Syscoin has been trading for 8 years, making it one of the oldest cryptos still alive. Coins are fully distributed, no large holdings either by the team or any single investor. Same level of decentralization as Dogecoin had, when we first covered it in Autumn 2020.
Imminent releases: December - NEVM launched -- full smart contract functionality covered by Bitcoin PoW security
Upcoming releases: Q1 2022 - zkRollups launched -- full native Layer1 scalability on-chain.
Upcoming listings: Syscoin has been added to the Asset Hub on Coinbase.
SYSBTC Pair broke out of a Massive Multi-Year Long-Term Downtrend with highest ever volumes, sending the SYSUSD pair into near ATH .
Monthly chart is closing on 30 November and is on track to close at the highest level since Q1 2017 when Syscoin made a 100x run in 9 months.
Goldsworth. Org Technical Analysis ideas brought you $DOGE at 14 Sats , $LUNA at 10 cents, $SOL at 3 dollars.
2022 Is the Year of Syscoin according to Log SYS USD ChartsBackground FA: SYS launched NEVM (full smart contract compatibility), has backing of Canada-listed $BCFN corporation, Merge-Mining with Bitcoin , making it the most secure altcoin, Launched Layer1 Ecosystem, placing Syscoin as direct competition to $BNB ($100b Market Cap), $SOL ($100b Market Cap), $ADA ($100b Market Cap) and $ETH ($500b market Cap). Market Cap of $SYS is $350m at the time of writing. Coinbase integration is also in place. Syscoin has been trading for 8 years, making it one of the oldest cryptos still alive. Coins are fully distributed, no large holdings either by the team or any single investor. Same level of decentralization as Dogecoin had, when we first covered it in Autumn 2020.
Background TA: SYSBTC Pair broke out of a Massive Multi-Year Long-Term Downtrend with highest ever volumes.
However, this time it's SYS USD that is very interesting and it's only visible in a Log Scale Chart. It's currently in the early stages of Parabolic Growth. One of the very few coins on the crypto market with a multi-year chart available permitting making long-term analysis. The only other coins with Established Parabolic Waves are Bitcoin $BTC, Ethereum $ETH and Dogecoin $DOGE. We covered $DOGE extensively when we discovered Parabolic cyclicality in the Dollar pair. Same short-term parabolic trend was visible in $SHIB in late 2020.
Syscoin is the last major coin of the crypto markets whose next parabolic move up is only in the commencement stage. From 8 cents to 80 dollars it would make it 1000x, placing it alongside other similar coins that performed this stunt over multiple years, such as $ETH and $DOGE and a short-term example of $SHIB.
Goldsworth. Org Technical Analysis ideas brought you $DOGE at 14 Sats , $LUNA at 10 cents, $SOL at 3 dollars.
SYS BTC - Multi-Year Resistance Knocked Out, Bullish ConvergenceBackground FA: SYS launched NEVM (full smart contract compatibility), has backing of Canada-listed $BCFN corporation, Merge-Mining with Bitcoin, making it the most secure altcoin, Launched Layer1 Ecosystem, placing Syscoin as direct competition to $BNB ($100b Market Cap), $SOL ($100b Market Cap), $ADA ($100b Market Cap) and $ETH ($500b market Cap). Market Cap of $SYS is $350m at the time of writing. Coinbase integration is also in place. Syscoin has been trading for 8 years, making it one of the oldest cryptos still alive. Coins are fully distributed, no large holdings either by the team or any single investor. Same level of decentralization as Dogecoin had, when we first covered it in Autumn 2020.
SYSBTC Pair broke out of a Massive Multi-Year Long-Term Downtrend with highest ever volumes, sending the SYSUSD pair into near ATH.
Goldsworth. Org Technical Analysis ideas brought you $DOGE at 14 Sats , $LUNA at 10 cents, $SOL at 3 dollars.
Pattern or History / 5 usd or 50 usd / SYSCOIN LAYER-1 season DeFi season - memecoins season - LAYER-2 season - LAYER-1 season
World's largest cup and handle 3Y! Syscoin Cup and handle 3+ years
Big break out in the coming months