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Syscoin

Observations on KLV, KFI, Fibonacci, and Klever NewsKLV has performed a 618 retracement since the start of this amazing bull run early in the year. This retracement line is is a common reversal zone and is the sweet spot of the golden ratio, plus we have shown the first signs of testing the line with quite a lot of momentum in the bounce. KFI has dropped from its initial mining price of ~$1000USD per token down to the low-to-mid $200USD range, specifically around $214. This is in the 786 fib retracement zone area with a price recovery soon after its lowest low that brought it back to the mid-to-upper $200s within a day (this is based on conversions over TronTrade's KFI/TRX pair as well as personal observations in the Klever Wallet's listed price, so take that however you like). 786 is notable for its extremely hard to pass up price difference from the previous highs, and is a position for many who feel they can enter with low risk. I think KFI's retracement has ended up being so large with all of the FUD that has been spread by people who due to a lack of understanding/experience, thought a public mining event for a governance token without a deployed network was going to result in instant gains. You will see the price of KFI go up with KLV, especially when we start the next bull run. Strong bullish divergence is indicated by the orange arrows on the oscillator and related price points using daily candles. This is a textbook example if you ever needed one. Using these levels along with the Fib fan shows we can find support within the blue channel. Where the white fib levels, blue channel barrier, and red resistance line meet is a zone where significant movements are likely to occur (estimated between now and May 5th). We received a preview of the Klever exchange from Dio Ianakiara's twitter 4 days ago, with the roadmap expecting the release to be within the current quarter (any day now). Although we have until Q3/Q4 for the mainnet to arrive, you better believe people will be stocking up on KFI tokens around this point, and it appears to already have begun. Klever seems to be getting listed on multiple exchanges each week and recently partnered with Syscoin to become the main wallet for SYS and other related tokens. I hope this helps some of you that have stuck around this whole time see the potential ahead, and I hope it reinforces your beliefs if you are just entering from the dip. We have a lot of room for gains from here but by the end of the year we will really see the true value of Klever as it continues to meet roadmap goals. Good luck! Exchange preview: twitter.com Roadmap: klever.io Syscoin Partnership: syscoin.org
Long
by poupdujour
2
Syscoin (SYS) Bullish Consolidation (Strong Move Possible)Syscoin (SYSBTC) is now moving above EMA200 (brown line on the chart) on the daily timeframe, this can turn into really good news. We have been seeing slow and steady growth, some sort of bullish consolidation take place... This is only the beginning. As momentum builds up, when the last resistance is taken out around EMA300 and MA200, we can see a strong jump... The target is marked light green on the chart. Namaste.
by AlanSantana
7
Is it time for Syscoin to wake up?Have you heard of Syscoin? Syscoin, launched back in 2015, is a fast OG coin built on a Bitcoin codebase with a lot of nitro powered extras. Syscoin features a asset creation platform that allows anyone to create tokens just like on Ethereum, except much cheaper. Syscoin also features a novel zero compromise acceptance mechanism that more or less guarantees that certain kinds of zero confirmation transactions can be accepted immediately, enabling syscoin to be a very fast point of payment token. Syscoin is something like 99.9% down off of its top of 10,000 satoshi (yes, that line is coming off its peak, to give you a sense of its once-towering grandieur), started out as a blockchain based e-commerce and still is in a lot of ways, but its a whole lot more as well, and the team and Foundation are still chugging forward keeping the project alive and adding features to it on a regular basis. Syscoin is actually one of the more mature tokens out there, it is certainly an OG token and one which when timed right can bring explosive profits to its holder. You're not going to find a more dedicated community by the way, syscoin holders have held through 99.9% drops and still love the token. Jag Sidhu, the main dev for Syscoin has been working on it full-time since just about 2018, and he's gotten a lot done. Okay, yes, I'll admit it. I'm the creator of Syscoin, and this must look an awful lot like I'm shilling my own project. But truthfully, maybe it is time for this venerable own coin (probably hundreds of years old in Bitcoin years) to get another life up closer to where it deserves to be. Personally, I own less than 20000 sys left and I don't actively participate in maintenance of the project anymore, so I'm not here shilling it to make a buck. I just think it's about to pop for a few hundred Satoshi at least, and I have a special love for it because it's my baby all grown up. Or sell it to the ground, I don't give a **** - but it really is a great project and you should buy it because it's about to finally and once-and-for-all bust through a downtrend line established years ago and it is way undervalued and it will make you money.
Long
by lonestar108
3
✳️Syscoin/BTC (2/12) View + Trading Plan #SYS $SYSSYS is in a fairly strong uptrend and is correcting to 450sts, which is a reliable support zone that we can buy here and wait for SYS to break the 600sts to strongly increase to the 800sts, 900sts and so on 1100sts 02 December, SYS will have some announcement that I think it will be a positive sign. But if it closes a 1D candle below 425sts, that would be a bearish sign 📈BUY- LONG -Buy: 425-450sts if A.SL if B 📉SELL-SHORT -Sell: 575-600sts if B.SL if A -Sell: 775-800sts if B.SL if A -Sell: 900-950sts if B.SL if A -Sell: 1100-1150sts if B.SL if A ♻️BACK-UP -Sell: 425-450sts if B.SL if A -Buy: 300-325sts.SL if B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Long
by CryptoStation
10