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...
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...
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.
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...
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...
Following 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...
Following 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...
I 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
We are maybe waiting for support and trend line touch. It could be strong BUY SIGNAL.
We 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.