SYS, ready to run?SYS coin has been silent for a while as the bear market gets the better attention, and now the road is clear for a bull run, we may see some movement on this coin around 6K
Buy should be around the red pocket area with stoplosses @ 2170 and then take profits on the fibs, closure above 200 MA can take this past 8K so watch your postions.
good luck!
Sysusd
There is a possibility for the beginning of uptrend in SYSCOIN .Technical analysis:
. SYSCOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Trading suggestion:
There is a possibility of temporary retracement to suggested Buy Zone (0.3234 to 0.2439). if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.3234)
Ending of entry zone (0.2439)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "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 the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.3779
TP2= @ 0.4159
TP3= @ 0.4647
TP4= @ 0.5408
TP5= @ 0.6329
TP6= @ 0.7247
TP7= @ 1.0226
TP8= Free
There is a possibility for the beginning of uptrend in SYSCOIN .Technical analysis:
. SYSCOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
There is a possibility of temporary retracement to suggested Buy Zone (0.3480 to 0.2439). if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.3480)
Ending of entry zone (0.2439)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "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 the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.4159
TP2= @ 0.4647
TP3= @ 0.5408
TP4= @ 0.6329
TP5= @ 0.7247
TP6= @ 1.0226
TP7= Free
There is a possibility for the beginning of uptrend in SYSCOIN .Technical analysis:
. SYSCOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
There is a possibility of temporary retracement to suggested Buy Zone (0.3480 to 0.2439). if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.3480)
Ending of entry zone (0.2439)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "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 the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.4159
TP2= @ 0.4647
TP3= @ 0.5408
TP4= @ 0.6329
TP5= @ 0.7247
TP6= @ 1.0226
TP7= Free
SYSUSD: Syscoin Is Forming A Recognizable Pattern!Hello Traders!
We found very interesting coin with a known pattern and that's BITTREX:SYSUSD !
Well, as you know we are tracking many patterns like this one, for example NEO, OmiseGO, Ripple and Dash, which have, in our opinion a clear bullish setup. Five-wave rise into wave A/I from lows suggests a bullish reversal and slow three-wave pullback into wave B/II means correction. So, if we respect the price action and EW theory, then wave C/III up is a third wave of a minimum three-wave expectation.
In any case price can go back to highs, but as we know wave III is the strongest and the most impulsive wave, so who knows how far can explode.
As you can see, Syscoin already jumped from very nice 0.35 support level around ideal 61,8% Fibonacci retracement, which means that correction can be completed, but we want to see a break above 0.49 level, which would confirm a new bullish cycle for wave C/III.
We will remain bullish, even if price goes lower below that support at 0.35 level, as long as it's trading above 0.24 invalidation level.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
SYSCoin - Buy on Daily Chart - Supported by 55 and 200 EMAThe 55 EMA on the Daily and the 200 EMA on the Daily are offering great support for a move upward on SysCoin.
- The 55 EMA is being crossed as well to the upside by the 9, 13 and 21 EMA's, a strong bullish sign on a coin which hasn't yet exploded.
- The RSI is strong, having climbed all the way up to the 60 area.
- MACD on Daily chart also has crept over the 0 line.
- Possible handle forming on a cup which started back in the first week of March
- Resistance at $0.53 lets see if we can break it.
BITTREX:SYSBTC
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.
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
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.
SYSUSD LONG TERM PREDICTION [MAKE YOUR MONEY X8]The development team's steady progress and masternode effect will make the sys more audible this year. Looking at the dollar chart, the stability of the project appears. It can provide high profits in the long run.
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 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.
Syscoin Getting Close To Psychological ResistanceFollowing the previous idea on Syscoin , it broke above the upside target and continued to move higher. The question remains how fart it could potentially go?
Clearly there is a massive support at $0.33 level where previously was a resistance. This is also the price where the uptrend trendline was rejected, and price got extremely close to the 200 Moving Average, but without touching it went up again.
Closest support is now at $0.68 and from there SYS/USD should continue rising. The first very strong resistance is at $0.9 and it could potentially go to $1 psychological level. If it manages to break above the $1 then another 50% rise could be on its' way, where Syscoin target is seen at $1.47. Only a break and close below the $0.33 support could invalidate bullish outlook.
sysusd Bearish batI found a bearish bat here but not a super strong pattern. I have recently started my journey with crypto so I am more or less getting some practice in and seeing how the patterns translate
SYSUSD 30M Strong Buy SignalWe are maybe waiting for support and trend line touch. It could be strong BUY SIGNAL.
SYS USD BREAKOUTWe have a symetrical triangle formation on SYSUSD and might see a break out in SYS coins USD value by mid October reaching our price target by mid November.