SYSBTC trade ideas
Syscoin history is repeating itself once again, 25K+ sats! TA
Sys/btc just confirmed the breakout through this years resistance line. It bounced and is ready to move to new highs in 2018. Expected growth: 2016 flag breakout and more. Volume increase is indicating a X5-X7 rise in btc value. Ichimoku and Direction indicators are showing it's taking off any day now (Basic subscription....)
FA
Keeping in mind what's coming for sys in the next month(s), we can assure you that this will only be fuel on the fire for 2018 all time high (25k+sats and beyond).
Coming in Q1 are:
-The long expected Blockmarket Web (everyone with a browser will be able to make use of the benefits of crypto currencies through this web marketplace)
*Merchants are already confirmed with over a million SKU's (see blog to know which ones)
*Fiat gateway
*Import filter for ebay/amazon sellers will come live so any one can import their stock from these websites to BM Web
*Integrated escrow service
*Different in-build shipping options
-Masternodes (100k coins, Dynamic retur based on amount of nodes on the network sysnode.info , Seniority bonus, fee voting system like dash has)
-Total Rebranding of syscoin's/Blockchainfoundry's image done by ballistic arts (Video content, Logo redesign, Website redesign and more to be announced)
-Blockchainfoundry's listing on the canadian stockmarket ( will cause some buzz in the stockmarket sector and will probably attract new investors to syscoin aswell)
-Syscoin's API 2.0 including a hard-fork
For the rest of the year:
-Blockmarket Pro (anyone will be able to host their own marketplace front-end on the syscoin protocol)
*Real estate partnership already confirmed. Blockchainfoundry has been working with them since february 2017.
Link to blog article: medium.com
-Syscoin assets in combination with EVM (Like ico's, but each coin on a chain will be highly programmable)
*Cashing in and out at online Casinos without waiting for a long chain of slow confirmations or bank account transfers lasting days
Instant purchase of in-game tokens such as power-ups
*Green energy tokens representing kWh
*Instant token transfers among players in multiplayer games such as online poker
*A token can be colored (signed) with additional, unique data, such as avatar, special powers, etc., to represent a character in a virtual world. Tokens would be fully tradable. You could also trade your Alias that has multiple characters.
*Minting new coins to send and receive value (with pos-capability) and issuing ICOs on top of SYS
*Diamonds and jewelries: Each token can be signed with additional data to allow witnesses or notaries to verify each stage of the process that the diamond would go through; for example, mining, cutting, recutting, mounting, etc.
*Limited-edition products: hand-made music instruments, antiques, vehicles, etc. Each token represents one item and can include additional custom data such as serial number, color, and other features.
*All of these assets could be traded on Blockmarket, or a customized marketplace built on the Syscoin blockchain.
Useful links:
-Masternodes and token issuance: medium.com
-Masternode rewards: sysnode.info
-Slack invite link: join.syscoin.org
-Syscoin twitter: twitter.com
-Syscoin devs twitter accounts:
*https://twitter.com/sebschepis
*https://twitter.com/realSidhuJag
*https://twitter.com/BlockchainDan
*https://twitter.com/Keyare_
-Community written article: medium.com
-Syscoin to do list 2018: pbs.twimg.com
-Introduction to Blockchainfoundry (the company that created syscoin and the Blockmarket dapp on top of it.): youtu.be
-Roadmap: pbs.twimg.com
SYS Buy opportunity with 40% ReturnIn the past few days BITTREX:SYSBTC had a good bull run. After the recent BTC sell off the price plunged to support zone and bounced back up, now the price formed a flag pattern and we should wait till we get more confirmations.
Risk takers can enter at 0.00005700 with stop loss at 0.00004300 and if the price breaks that then the next entry level is at 0.00003900 with stop loss at 0.00003.
Target is at 0.00008. There maybe some resistance at 0.000065 levels.
Traders who are unsure about the entry points can do averaging.
Follow me for more analysis.
Likes and comments are welcomed.
SYS - Buy OpportunitySyscoin is breaking out of a falling wedge. Targets are highlighted on the chart! Profit! Profit! Profit!
Syscoin The Hidden Gem 2018: HUGE OPPORTUNITY"The Most Undervalued Project in the Crypto World (Not for Long)"
"As compared to many other crypto projects, Syscoin with its $400 million market cap is incredibly undervalued as of today. Due to a long list of recent and upcoming events, such as the recent fund of 3.3 million dollars, Blockchain Foundry’s 2018 IPO, industry-shaking new innovations, breakthrough in transfer speeds, rebranding and marketing campaign; it is just a matter of months that this project gets incredible attention and catches up with most of the highly valued ones in the crypto space. Once this happens, a $10 billion market cap (25x projected price appreciation) will be just the beginning in the mid-term." by Steven Voros
Check him out:
medium.com
Other interesting contributions to Syscoin:
Syscoin -The Hidden Gem Of 2018
medium.com
Syscoin @syscoin Twitter
twitter.com
20k Sat target on syscoin sysbtc I charted Syscoin earlier, it is well known in crypto land that SYS will release its biggest developments in its whole history this year. A few of them: Masternodes, blockmarket web, smartcontracts, decentralized mixing services to combine anonymous transactions and to create anonymous marketplaces etc.
Fundamentally it is one of the best coins out there in which you can invest for the long term. In the chart I expressed a fib retracement box to show my targets on it.
Another chance to enter a new uptrendThere is formed very strong resistance line so all what we have to do is to place buy order above that line and wait. Also we have just broken out of the downtrend.
SYSBTC Potential breakoutHere looks like SYS might break the trend line which could be indication of a new cycle
SYS buy signal - Inverse head and shoulderI'm seeing a buy signal for SYSBTC based on inverse head and should pattern
SYS breakout ATHLooking back on my last SYS chart, I said that I would be bearish unless the 4H closed above approx 0.00004900. AS you can see indicated by the RED arrow, we closed just above this. Closing above here broke the common downtrend seen thought sys in the past weeks and months and we broke out. We may still have some momentum to get past the falling wedge and if we do I see us flying towards ATH. This is one to be on the lookout for. Buy the breakout above yellow rectangle seen on chart. As always DYOR but this one looks good to me. Let me know what you guys think thank you!
Daily charts looks good. buy and hodl.buy range : 5500-6000
stopp loss : 4800
term : 3-4 weeks
target : open target. HODL
SYS long term hold but maybe not a buy yet for max roiOkay so I have a friend who put sys on my radar, lots of good news coming out about this in the coming days and weeks so the down trend that we are in right now could switch. This is purely TA and not much FA but keep in mind they do have some announcements coming out soon.
However looking at a short term time frame we are rallying a bit, possibly because BTC stopped pumping as of now and most alts are pumping... if we can close above 0.00004900 then we may be heading up sooner and I will have to adjust my buy level. Currently my buy level is around 0.00003000 but I may buy soon and average down if it keeps going down. I cant see it going much lower than that. If we can continue the pattern we have been seeing and also crush thru the falling wedge then I think the next stop will be up at the ATH level shown on the chart. Let me know what you guys think Ill be updating this post as i see fit. Hope yall are crushing it today.
SYS holds potential for explosive parabolic gainI have been watching SYS for nearly a year, assessing its technicals and fundamentals. The iron is hot.
Chart shows many chances for notable gains provided to traders through 2017. For long term investors, it has been, and continues to be a lucrative hold. Current technicals and fundamentals look positive.
Technicals
The red resistance line established through 2017 has been broken as of late December
A convergence of support exists at current level
Marked increase in volume average
When BTC began its new rise early October, SYS demonstrated resilience beyond many other cryptos (but of course continued to display its own kind of inherent volatility). It finally gave-in a bit in early December during BTC's parabolic move, but not for long at all. It began a reversal ~Dec 14th which broke long term resistance.
Target: 22k sats
Fundamentals
Syscoin project has been in existence since 2014, has a well-established development team. Their product is functioning, and is updated and expanded regularly. They have a good history of delivering on their roadmap, including the first functioning decentralized marketplace entirely on blockchain.
Upcoming deliverables include:
Masternodes: Ability for transactions-per-second performance to scale-out with added nodes (theoretically 100k TPS per 1000 Masternodes, 300k/3k masternodes, etc). Return on investment is promising. In later releases, masternodes will also process smart contracts and facilitate sharded+encrypted offchain file-storage (with onchain anchors), among other touted functionality. They should also result in steadying the price movements - less volatility during sideways times as holding will be incentivized.
Blockmarket Web: This brings their existing decentralized marketplace to the web, enabling ease of use without downloading a wallet or waiting for sync.
Anonymous transactions: via mixing/shuffling at user-specified denomination. Afterwards, additional tech will be added in near future which will further compound the degree of anonymity provided.
Integrated crypto exchange utilizing Flypme and Changelly (Exchange back and forth between 20+ cryptos, including SYS, directly within wallet)
Instant Send: Send and receive transactions instantly. Similar sending capability as DASH, but a step beyond: A type of backend node locking will allow an instantly received sum to be sent immediately, without delay, and without network risk of double-spend.
Rebranding currently underway, and the promise of a significant marketing campaign to be launched leading up to Core 2 release.
Over 1 million SKUs to be added to Blockmarket through their Merchant Pilot Program (NDAs in place as to who these merchants are).
Ethereum Virtual Machine: Will run ethereum contracts much cheaper and faster at a fraction of the Ethereum gas price.
Syscoin's parent company, Blockchain Foundry, plans to soon go public as an IPO on a Canadian stock exchange. The company objective is to promote full use of Syscoin as a DApp platform by providing blockchain solutions to businesses, organizations and institutions. As such, the Syscoin team tends to avoid hype or other questionable activity common in this market, because they must pass a certain level of scrutiny to be accepted on a Canadian stock exchange.
I could actually add more points to the fundamentals, but I'm tired.... anyway, the fundamentals are good as you can see.
Enjoy, and trade/invest responsibly! You are responsible for your own trading decisions!
SYS Trading Idea & 2018 Price ProjectionRight around the height of "Altcoin Mania" in June 2017 $SYS hit it's all-time-high vs. $BTC and has been trending downward through Q3 & Q4.
Based on several project related updates scheduled for Q1 of 2018, I suspect we will see $SYS return to previous highs and potentially continue to move upward from there.
I expect $SYS will break through the long term-resistance trend line eventually, and as the release of the Mainnet + Blockmarket gets nearer, along with the addition of Masternodes as an incentive to invest in and hold the token, I expect we will see fireworks.
For more information on Syscoin go to:
syscoin.org
Buy #SYS around 5200, sell 6750, 7850, 9400+Buy #SYS around 5200, sell 6750, 7850, 9400+
#SYS #SYSCOIN Decentralized Business Blockchain Platform coming soon...
