SYSBTC trade ideas
SYS/BTC Cup and Handle FormingThe SYS/STC pair appears to be forming a cup and handle. With the rebranding coming, it is likely this pattern will complete and the price will take off.
My target buy in is at 3850, stoploss at 3600 where there seems to be some weak support. For those willing to risk more, a stoploss at the stronger support of 3400 would be appropriate. Targets at 5000 and 7000.
Of course, if the bitcoin price takes off, there is a chance this alt will tank with all the others. I suspect the BTC price will drop in the next few days, leaving the door open for a short term rise in alts.
THIS IS NOT FINANCIAL ADVICE. USE THIS INFORMATION TO MAKE YOUR OWN TRADING CHOICES.
SYSBTC UpdateSYS hit our target at previous analysis,, congrats..
We have new target at 5420
if this coin drop,, support at 3661
All the best !1. Rebranding to be ready by 31st OCT 2017
2. Masternodes Launch 15th Nov 2017
Goodluck.
Trying to break up strong resistanceTrying to break up strong resistance
After successful break up falling wedge pattern, it is now trying to break strong resistance. We need full green candel closing above resistance line. If it success to close above resistance line, then we have 2 targets :
1- 5298
2- 6466
If price failed to close above reisistance line, it will back to near support at 3757.
This analysis based on TA. Please use your stop lose and money management.
$SYS - 4HR Bounce off Support$SYS looks like it might continue its bull run with the momentum on the 4HR Heikin Ashi candles indicating a reversal and bounce off of the support zone. StochRSI is also oversold supporting the bounce.
SYSBTC Possible scenario!SYS even though showing advance, but don't think bottom in place yet and any advance is short lived. Expect lower levels. Pink line on chart. If we have confirmation for up move we will update!
Adding this to my new trading portfolioAnd many others:
The list is here: www.cryptocompare.com
I base on Moon phases and longterm on Mercury moves. Daily candle close above the grey line gave me buy signal here. The same is in case of other altcoins in my portfolio.
Syscoin: Looking like a decent buyThis coin is relatively cheap. Looking at its price action, it is holding support quite well with a triple bottom. I think this is will be a decent buy especially with what is going within the alt coin momentum. I am currently waiting for a little pullback from the recent run up. What are your thoughts?
Trade with care.
$SYS going up$SYS already had 2 nice legs up after the breakout and kind of bounce from long term support (yes it went under due to extreme btc bull but that is ok) next leg target is the green area
If you like my posts and want to support me please use my ref links below:
Deribit:
A reletively new European (Netherlands) based exchange. Atm only $BTC futures and options. Soon $ETH as well. Still in Q4 $BTC and alt spot trading starting with erc20 tokens and more alts to follow. Super low fees, maker fees are even -% so you get payed! Super fast trading engine, no fucking lags!
www.deribit.com
Bitmex:
Gives 10% discount on fees for first 6 months!
www.bitmex.com
Bitfinex:
gives 10% discount on fees for first month!
www.bitfinex.com
SYS BTC | Breakout Imminent | UptrendGood Buy
Broke out downtrend
Close to bottom support
Uptrend on its way
MACD showing strong buying momentum
Stoch RSI shows selling power is quite strong which could mean moving down the channel a little more
High Returns
Bad Buy
Volatile BTC movements
If fail to break out red resistance line
Buy Region
2600 - 3000 satoshis
Sell Region
first target - 4000
Second target - 5000
Long term target - 8000
Stop Loss
2000 satoshi
Overall, I think this is a good buy for the long term. At the bottom support. Low risk but high returns.
Do your own research!!
All the best!! :D
$SYS syscoin looks promising a bit lowerSyscoin retraced a lot recently and bounced from the blue box and shows strength and might be one of altcoins which go up no matter what btc is doing.
It just broke out of the downtrend and currently correcting this with growing volume.
I'm expecting some more downside and maybe a retetst of the trendline where I will decide to buy or not.
Syscoin has some good developments coming, also masternodes coming in November which all might lead to a nice move up towards previous high.
Trading advise: wait for completion of current, looks like its forming an ABC correction. If it gets towards trendline, try to buy when it shows strong bullish priceaction
$SYS | Targets after breakout ( $crypto $btc )SYS just completed a 5-3 pattern, and upon completing the ABC correction it broke through the resistance. Based on Fib levels, trendiness and extrapolating the set of impulse Elliot waves I have constructed three potential targets. Let me know if it's bullshit.
SYS on 5th Elliot WaveSYS is performing an Elliot ave cycle, and just begins the 5th wave
The previous waves are exact Fib levels
- 4.236 from 2 to 3
- rebound on 0.382 from 3 to 4
Entry : 0.000038
TP1 : 0.00041
TP2 : 0.00046
SL : 0.00036
Trade at you own risks
SYS, All SYStems clear for takeoff!What do you guys think of SYS? Looks like it bottoms out on the 0 fib and has just passed the .236. With no other support levels in the way it should have a high probability of reaching the .618 fib.
